LUNAUSDT time for the retracement?The price created a new ATH as I said on the previous analysis and now got a rejection from 1.27 Fibonacci Ext on 120$
The price is testing the new daily support.
How to approach?
The price could have a retracement after the latest bullrun, and retest the 0.5 Fibonacci level or 0.618 on 80$.
so IF and only IF the price is going to lose the support and had a breakout from the rising wedge, 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 🦐