FILUSDT is testing the 0.618 Fibonacci Level

22 Mar 2023

FILUSDT is showing signs of potential weakness. The price had a false breakout from the 4-hour descending channel, indicating that the bears are still in control. However, it has since moved into an ascending channel, which may be a bullish sign.

Currently, the price is testing the 0.618 Fibonacci level as new support, which is a critical level for traders to watch. If the price loses this dynamic support, according to the rules, the 5$ area could be the potential target, so 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.
  
• ⚫️ black structure -> <= 1h structure.
  

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Follow the Shrimp 🦐

30 Mar 2023

Not

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