BTCUSDT wants the 34k

The price had a breakdown from the daily support after a false breakout from the falling wedge. Now the price is in the consolidation phase below the daily structure and we are waiting for a pullback on the previous dynamic support and now new resistance.

How we can approach it?
The price could grab the new liquidity from the first demand zone on 34k in order to retest the 37k-38k area. 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 🦐

评论:

as expected!
The price is testing the demand zone as I told you. Now the price needs new liquidity for a pullback.
Let's see!