InkyGrip

GMTUSDT is testing the 0618 Fibonacci level

BINANCE:GMTUSDT   GMT / TetherUS
the price is testing the 0618 Fibonacci level on the daily timeframe after creating a double bottom on the monthly area.
How to approach it?
IF the price is going to have a breakout and retest the previous resistance as new support, 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.
  • ⚫️ black structure -> <= 1h structure.
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