InkyGrip

BTCUSDT is inside a descending channel 🦐

InkyGrip Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT is inside a descending channel, and the price is testing monthly support .
If the price will lose 0.382 and Monthly and daily support, the price could retest 0.618 Fibonacci Level.

Weekly

Monthly

–––––
Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • πŸ”΄ Red structure -> Weekly structure.
  • πŸ”΅ Blue structure -> Daily structure.
  • 🟑 Yellow structure -> 4h structure.


Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Comment:
Nice retest on 0.382 daily support.
The price needs Volume
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.