SOLUSDT is inside an ascending channel

SOLUSDT is inside an ascending channel

SOL / TetherUS BINANCE:SOLUSDT



The price tested the 0.618 Fibonacci level on 57 $ and now the market is trying to hold the support on 53$.

The price is inside an ascending channel .
How we can approach?
IF the price is going to lose the support and retest it as new resistance, 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 🦐