BTCUSDT wants the pullback?

9 nov. 2022

The price lost the demand zone, and now the market is testing the monthly key level.

How to approach it?
If the price is going to have a breakout from the current resistance we could see a pullback until the previous demand zone
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Follow the Shrimp 🦐

Keep in mind.

• 🟣 Purple structure -> Monthly structure.
  
• 🔴 Red structure -> Weekly structure.
  
• 🔵 Blue structure -> Daily structure.
  
• 🟡 Yellow structure -> 4h structure.
  
• ⚫️ Black structure -> <= 1h structure.
  

Follow the Shrimp 🦐

9 nov. 2022

Note

No pullback so far, the price is trying to grab new liquidity from the monthly.
let's see how the daily closes