EOSUSDT is on 0.618 Fibonacci Level 🦐

Updated
EOSUSDT is on 0.618 Fibonacci Level and weekly support after a false breakout on monthly resistance 🟣.
The price must hold this level and it need to have another impulse to break the monthly resistance.
According to Plancton's strategy, we can set a nice order
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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • πŸ”΄ Red structure -> Weekly structure.
  • πŸ”΅ 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
Weekly Chart
snapshot
Note
Very Important moment for EOSUSDT.
The price is on 0.618 Fibonacci Level, weekly support and on bottom of Daily channel
snapshot
Note
Very nice bounce on weekly support.
the price now is retesting the monthly resistance

Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ Blue structure -> Daily structure.
🟑 Yellow structure -> 4h structure.
snapshot
Note
nice daily breakout, now the price is on monthly resistance
Keep in mind.
🟣 Purple structure -> Monthly structure.
πŸ”΄ Red structure -> Weekly structure.
πŸ”΅ Blue structure -> Daily structure.
🟑 Yellow structure -> 4h structure.
snapshot
Note
everything as expected
snapshot
Chart PatternsFibonacci RetracementHarmonic PatternssupportsupportsTrend Analysis

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