InkyGrip

LUNAUSDT reclaims the weekly support

Short
InkyGrip Updated   
BINANCE:LUNAUSDT   Luna / TetherUS
The price had a nice bull run until 97$ on 1.13 Fibonacci level.
On the daily timeframe, the price lost the 88$ support.
on the 4h timeframe, the price could retest the 78$ thee weely support after a retest of the previous daily support now the new resistance around 87-89$ where the price finds the 0.618 Fibonacci level.

How to approach?
we will expect a retest of the daily resistance and a new rejection until 78$ weekly support.
bearish short term, bullish after the bounce on 78$
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 🦐
Comment:
The price retested the 87$ on the daily resistance as I told you
We could see a retest of the weekly support on 78$

let's see!
Comment:
Luna followed my drawing as I told you.
We apply over and over our strategies to understand the market.

11%, congrats ! 🎯
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