ETHUSDT want to go higher 🦐
Updated
The price is testing the 0.5 Fibonacci retracements as I said in my previous analysis (tradingview.com/chart/ETHUSDT/V807uWd7-ETHUSDT-is-testing-the-supply-area/). The price is creating e new higher high above the previous on (3200)
On the 4h timeframe, the price had a breakout from the supply zone.
how to approach?
the price needs to confirm and 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 🦐
On the 4h timeframe, the price had a breakout from the supply zone.
how to approach?
the price needs to confirm and 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.
–––––
Follow the Shrimp 🦐
Note
the price is pushing!
we could retest of the 4 support before the next bullish impulse
Let's see!
Note
The price is testing the daily resistance. If you look on the left the price got a rejection from that level.We will wait for the Asian Session and I will analyze it again
Note
The price is testing the daily resistance on 3410$ as you can see on the daily timeframe (the upper chart) the price got rejections from this key level.The market needs to grab new liquidity, for that reason, we could see a retracement until the previous resistance now new support on 0.618 Fibonacci level.
At the moment the key resistance is 3460$
Note
The price is creating the pennant on the daily resistance!We are waiting for the breakout from the 3400$
6% since my idea 😎
let's see!
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