ETHUSDT wants the 0618 Fibonacci level as Pullback?

Aktualisiert
The price melted from the ascending channel and now the market is testing the 4h support.
How to approach it?
We could see a pullback until the 0.618 Fibonacci level if the price is going to have a breakout and confirm it, so 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.
  • ⚫️ black structure -> <= 1h structure.

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Follow the Shrimp 🦐
Kommentar
the price is testing the support, waiting for the pullback
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