IOTABTC is inside an ascending channel 🦐

Updated
IOTABTC is inside an ascending channel and the price is testing the lower trendline. IF the price will have a breakout upward, we can looking for long position, otherwise, if the price will lose the support, we could see an impulse until weekly support. According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.
  • ⚫️ Black 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 the Plancton0618 strategy will trigger.
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5% so far
snapshot
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10% since my idea
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Chart PatternsTrend AnalysisWave Analysis

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