XLMBTC in on weekly support - 0.618 Fibonacci Level 🦐
Updated
After a deep retracement XLMBTC is on 0.618 Fibonacci Level and on weekly resistance.
The price rejected twice from daily resistance, now the price need to have volume a new impulse or it could visit the bottom weekly channel.
According to Plancton's strategy, we can set a nice order
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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.
The price rejected twice from daily resistance, now the price need to have volume a new impulse or it could visit the bottom weekly channel.
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.
Comment
Weekly chartComment
If the price doesn't bounce on weekly support, It could retest the bottom weekly channel Comment
IF the price doesn't recover quickly, we can see a retest on the bottom of weekly channel Related publications
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