The price had a breakout from the descending channel on the daily timeframe ant it tried to have another breakout from the weekly resistance without any success.
Now the market is creating a head and shoulders on the daily timeframe and the price is testing the 0.618 Fibonacci level.
If the price is going to lose the support, we could see a retest of the dynamic support around 3.6$
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Follow the Shrimp 🦐
Keep in mind.
Now the market is creating a head and shoulders on the daily timeframe and the price is testing the 0.618 Fibonacci level.
If the price is going to lose the support, we could see a retest of the dynamic support around 3.6$
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Note
Did you remember the magnet?
the price lost the support of on the 0.618 Fibonacci level, and now is going to retest the dynamic support line.
another free call with amazing profits.
Congrats to everyone!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.