BTCUSDT needs to hold the monthly support!

The price is testing the 0.618 Fibonacci level on the monthly timeframe.
On the daily timeframe, the price is creating a pennant.

on 4h timeframe the price got a rejection from the supply zone on the 32k and the price comes back on the 4h support.

How approach it?
IF the price is going to lose the support, 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 🦐

הערה:

clear 40%