POWRUSDT is testing the 0.618 Fibonacci Level
The price is testing the 0.618 Fibonacci level between two main daily structures.
As you can see the market got a rejection from the dynamic resistance and it's trying to have a breakout.
How to approach?
We are waiting to see a clear breakout of 0.58$ level with volume, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
Follow the Shrimp 🦐
As you can see the market got a rejection from the dynamic resistance and it's trying to have a breakout.
How to approach?
We are waiting to see a clear breakout of 0.58$ level with volume, 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 🦐
Commentaire:
the price is creating a descending channel, we are waiting for another bullish impulse!
