Ethereum continues to face massive resistance cluster near $3,30Ethereum price managed to push through a crucial hurdle and flip into a support floor after the second attempt. A resurgence of buying pressure will likely propel ETH to a new local top.
Ethereum price needs bullish momentum
Ethereum price sliced through the 50-day Simple Moving Average (SMA) on February 9 but failed to sustain this uptrend, leading to a correction. The bulls came together during this pullback and bounced off the $2,823 support level, triggering a 12% ascent. This move set a swing high at $3,187.
Bounced
USD/CHF - Price at Key SupportWe've seen UCHF pull back recently. Price currently residing at a key level of support where price has bounced off previously. We have seen bulls sitting at this level.
Will price make its way back up to our middle key level following our price path?
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XLMUSDT is ready to reach monthly resistance! 🦐XLMUSDT is ready to reach monthly resistance! The price bounced on the weekly dynamic trendline, and the price had a breakout from monthly resistance and daily as well. Now we are waiting for a retracement and According to Plancton's strategy (check our Academy), 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.
⚫️ 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.
BTCUSDT wants bounce from weekly support 🦐the price tested the weekly support (0.618 Fibonacci Level) And now It wants to retest monthly trendline.
We are waiting for a breakout from the range and retest it and According to Plancton's strategy, we can set a nice order
Weekly
–––––
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.
IOSTUSDT is attempting to break dynamic trendline IOSTUSDT is attempting to break dynamic trendline after It had bounced on weekly structure (red rect)
IF the price will break the trendline According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
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.