BNBUSDT wants the new liquidity

The price is testing the 0.618 Fibonacci level on the monthly Timeframe.
As you can see this area is a key area for the market.
On the weekly timeframe the price is losing the support where the price bounced several times.
On 4h Timeframe the price is trying to have a breakout from the supply zone.

How to approach?
IF the price is going to lose the 4h support, According to Plancton's strategy, we can set a nice order
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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 🦐

Commentaire:

The price is testing the weekly resistance.
If the price is going to have a breakdown, we can apply our rules for a short Position

Don't miss it

Commentaire:

The price is getting the liquidity from the weekly resistance.
IF the price is going to create a new Lower low, we could see a new bearish impulse.

Commentaire:

We are running in profit on BNBUSDT
The price lost the status support after a false breakout from the bear flag.
wait for the next target

Commentaire:

30%

Commentaire:

The price is melting until the next monthly Fibonacci level.
37% so far, congrats Planctoners!