VLXUSDT is testing the 0.618 Fibonacci level

After the previous call, the price made more than 14%.
The price is testing the daily resistance at 0.24$.

on the 4h timeframe, the price is testing the 0.618 Fibonacci level as new support.

How to approach?
IF the price is going to have a breakout from the daily resistance, we could see another bullish impulse until the next resistance on 0.26$ 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 🦐

ความคิดเห็น:

The market is creating another bottom.
Waiting for the breakout