XMRUSDT is testing the ascending scallop 🦐
Updated
XMRUSDT is testing the ascending scallop.
If the price will break the parabola and break the daily support 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 the Plancton0618 strategy will trigger.
If the price will break the parabola and break the daily support 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.
- ⚫️ 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
The price is losing important support.Everything as expected
Note
The price is testing previous daily support as resistance and creates another support on 4h.We need to wait to see a new breakout on 4h support to open short position
Note
The price is testing 0.5 Fibonacci 4h retracement
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