BTCUSDT Pullback before the new bearish impulse?
Updated
The price lost the support as I told you in my previous analysis and now the market is testing the weekly support at 19200$ inside an ascending channel
the market could create a pullback on 20k
How to approach?
The price needs to grab new liquidity to create a bullish impulse until the previous support. The main support remains the weekly one, so if the price is going to lose it, 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 🦐
the market could create a pullback on 20k
How to approach?
The price needs to grab new liquidity to create a bullish impulse until the previous support. The main support remains the weekly one, so if the price is going to lose it, 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.
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Follow the Shrimp 🦐
Note
the price trying to hold the support on 19800 after a rejection from 20k.IF the price is going to lose the support, the next valid support could be 18800$
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