BTCUSDT is creating a descending channel inside the daily ascending channel. We need to monitor the 0.5 Fibonacci level on the W's neckline. According to Plancton's strategy(check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Commento
The price is ranging below the weekly resistance
Commento
Breakout!
Commento
The price is testing the weekly resistance as new support!
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