Long

XMRUSDT is testing a neckline 🦐

By InkyGrip
Updated
XMRUSDT is testing a neckline of head and shoulder created on monthly resistance.
the price bounce on weekly trendline and on 0.5 fibonacci Level.
IF The price will break the neckline we can see a new impulse, otherwise the price could retest the weekly trendline.
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.
  • 🔴 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.
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everything as expected snapshot
Comment
Everything as expected
snapshot
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Everything as expected
snapshot
Fundamental AnalysisHarmonic PatternsheadshouldersnecklinenecklinebreaknecklinetradenecklinetraderTrend Analysis

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