XRPUSDT is creating an inverse head and shoulder 🦐
Updated
XRPUSDT is creating an inverse head and shoulder after the price rejected from 0.5 Fibonacci level (neckline)
IF the price will break the neckline, We can set a long order after retest.
IF the price will break the support, We can set a short order after retest.
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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.
IF the price will break the neckline, We can set a long order after retest.
IF the price will break the support, We can set a short order after retest.
–––––
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 creating the right shoulder.Note
Everything as expected
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