FILUSDT is showing signs of potential weakness. The price had a false breakout from the 4-hour descending channel, indicating that the bears are still in control. However, it has since moved into an ascending channel, which may be a bullish sign.
Currently, the price is testing the 0.618 Fibonacci level as new support, which is a critical level for traders to watch. If the price loses this dynamic support, according to the rules, the 5$ area could be the potential target, so According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
Currently, the price is testing the 0.618 Fibonacci level as new support, which is a critical level for traders to watch. If the price loses this dynamic support, according to the rules, the 5$ area could be the potential target, so According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.