ETCUSDT is testing the monthly support

13 Nis 2022

The price is testing the 0.618 Fibonacci level on the monthly support on the daily timeframe. on 4h Timeframe the price is creating a descending channel.

How to approach?
If the price is going to lose the support on 36.50 and retest the support as new resistance, 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 🦐

8 May 2022

İşlem kapandı: hedefe ulaştı

34%