BTCUSDT is testing 0.382 Weekly Fibonacci 🦐

$BTC.X bounced on 0.382 Fibonacci level, and now the price is testing the retracement 0.618 4h. We need to wait to understand how the price reacts inside that range. IF the price will lose the 30k support, we can see another bearish impulse until 28k, otherwise if the price gets liquidity and strength, we can see the price above 34k. At the moment we are watching it.

Daily

Weekly

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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.
  

Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.

Commento:

Ranging