ETHUSDT is testing the daily resistance after a perfect bounce on the weekly support. where the VIP USERS got the profits.
IF the price will have a breakout and retest the current resistance as new support, the price could rest the 0.5 Fibonacci level where the price will find the weekly resistance.
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.
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.
Note
The price is going to test the 0.618 Fibonacci Weekly resistance
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