ZECUSDT wants to retest the monthly support

4 May 2022

The price lost the daily support and once is going to retest the 1.618 Fibonacci ext.
The price could create a bullish impulse until the 0.5, 0.618 Fibonacci level grab the liquidity in order and retest he monthly support on 85$

So, how we can approach it?
IF the price is going to have a breakout until the 0.5 - 0.618 Fibonacci level and the price is going to satisfy our rules, 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 🦐

6 May 2022

Not

the price followed my drawing, a perfect retest and bearish impulse.
Clear 15% ✍🏻