BTCUSDT could have a pullback on the previous support

The price had a very nice green candle from the 0.618 Fibonacci level on the daily timeframe and from the dynamic support.
At the moment the price is testing the old resistance where the price has a supply zone.
We could see a rejection until the previous weekly resistance on 40500$.
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.
  

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Follow the Shrimp 🦐

Yorum:

The price got a huge rejection from our Supply zone