ETHUSDT after our previous analysis moved in the expected direction.
The price is now trading below a minor resistance and tested the 0.382 Fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and look for a continuation to the upside.
โโโโโ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โโโโโ
Follow the Shrimp ๐ฆ
The price is now trading below a minor resistance and tested the 0.382 Fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and look for a continuation to the upside.
โโโโโ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โโโโโ
Follow the Shrimp ๐ฆ
ืืขืจื:
new recent high