SCUSDT needs to create a new Higher high

The price bounced exactly on 1.618 Fibonacci Extension and now the market is testing the 4h resistance on 0.382 Fibonacci level.

The price needs to create a new bullish impulse on 0.006$ and create a new Higher High.

How to approach?
If the price is going to have a breakout from it, 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 analysis is still valid, the price needs to create a new Higher high a satisfy our Plancton's rules.
Let's see!