ROSEUSDT wants to retest the 0.786 Fibonacci level
The market created equal lows on 0.06$ and create double bottom on it.
Now the e price is testing the 0.5 Fibonacci level as resistance on 0.073 where the market created a 4h resistance as well.
How to approach it?
The price needs to create a new breakout from the 0.5Fibonacci level.
IF the price is going to satisfy our rules, we could see a retest on 0.786 Fibonacci level on 0.08$
–––––
Follow the Shrimp 🦐
Keep in mind.
Now the e price is testing the 0.5 Fibonacci level as resistance on 0.073 where the market created a 4h resistance as well.
How to approach it?
The price needs to create a new breakout from the 0.5Fibonacci level.
IF the price is going to satisfy our rules, we could see a retest on 0.786 Fibonacci level on 0.08$
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
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