ATOMUSDT is testing the 0.618 Fibonacci level

The price created a double top on the daily timeframe and now the price is testing the 0.618 Fibonacci level below the daily resistance inside a descending channel

On the 4h timeframe the price is trying to have a breakout from the resistance on 29.5$

How to approach?
If the price is going to have a breakout from the 4h resistance and grab liquidity we could see a pullback until the 30$
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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.
  

Yorum:

I told you yesterday, the price is ready for the pullback on the previous daily resistance of 30.5$

Clear 7.8% so far.
Congrats to everyone 🔥

Yorum:

So far so good 10% for everyone
Check how the price reach the Daily resistance as I told you