BTCUSDT is inside a descending channel 🦐

BTCUSDT is inside a descending channel. We are going to wait for a retracement until the 0.5 Fibonacci level. 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:

A nice breakout from the descending channel, and now the price is testing the weekly resistance. Bullish above it! 🔥