RENUSDT is testing fibonacci level 🦐

Updated
REN.X is testing fibonacci level and the daily resistance inside a weekly triangle. IF the price will have a breakout According to Plancton's strategy (check our Academy), 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.
  • ⚫️ 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.
Note
Waiting for the clear breakout
snapshot
Note
Waiting for the breakout
snapshot
Note
BREAKOUT as expected!
snapshot
Note
After nice breakout, the price creates a cup and handle
Waiting for the next breakout
snapshot
breakoutChart PatternsTrend AnalysisWave Analysis

Related publications

Disclaimer