BTCUSDT is inside a rising wedge 🦐

BTCUSDT is inside a rising wedge, be careful with a new long position, the market could retrace until the 0.382 Fibonacci level on the previous resistance, now new support.

According to Plancton's strategy(check our Academy), we can set a nice order
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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.
  
• ⚫️ Black structure -> <4h structure.
  

Yorum:

Adjust my daily resistance.
If the price will lose the 4h support, we can see a retracement until the previous resistance, new support