ZILUSDT is trying to have a breakout 🦐
Updated
ZILUSDT is trying to have a breakout from dynamic weekly resistance and static weekly resistance.
As you can see the price got a rejection from 0.618 Fibonacci retracement on a weekly timeframe, and that level becomes very strong.
IF The price will break the weekly structure and turn into 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.
As you can see the price got a rejection from 0.618 Fibonacci retracement on a weekly timeframe, and that level becomes very strong.
IF The price will break the weekly structure and turn into 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
Breakout and retest as expectedTrade closed: target reached
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