BTCUSDT Nice breakout form descending channel 🦐
Updated
BTCUSDT Nice breakout form descending channel, and the price is retesting previous daily support.
As we said with a previous idea the price bounced on 0.382 Fibonacci Level and Monthly Triangle.
Now the price must retest with success the previous resistance
Daily
Weekly
Monthly
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
As we said with a previous idea the price bounced on 0.382 Fibonacci Level and Monthly Triangle.
Now the price must retest with success the previous resistance
Daily
Weekly
Monthly
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Note
The price retested daily supportNote
Nice retest so far.I'd like to see the daily close above daily support
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Note
everything as expectedNote
the price was reject from weekly resistance, now Must hold the daily support
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