SYSUSDT is a cryptocurrency trading pair that has recently tested the 0.618 Fibonacci level inside a descending channel. The fact that the price tested this level suggests that there may be some support at this level, which could potentially lead to a price reversal.
Currently, the price is testing the breakout from the descending channel and the 4-hour supply level at the 0.18$ area. If the price breaks out above this level, it could be a signal for traders to go long on the asset.
According to Plancton's strategy, we can set a nice order
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Keep in mind.
Follow the Shrimp 🦐
Currently, the price is testing the breakout from the descending channel and the 4-hour supply level at the 0.18$ area. If the price breaks out above this level, it could be a signal for traders to go long on the asset.
According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
- ⚫️ black structure -> <= 1h structure.
Follow the Shrimp 🦐