ETHUSDT after our previous analysis moved in the expected direction.
The price is now trading below a minor resistance and tested the 0.382 Fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and look for a continuation to the upside.
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
The price is now trading below a minor resistance and tested the 0.382 Fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and look for a continuation to the upside.
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Bình luận:
new recent high
