DE gap + Bear FlagDE gapped below $400 with some strength and now a clear bear flag is formed.
Ideally I would like to see some more consolidation inside the flag, however keep an eye in which direction this will break to.
Above, could try to fill the gap to $400
Below, could test $372 and $362 levels
Breakouts
ENJUSDT wants another breakout?After the previous idea where we made more than 24%, the price had a breakout from the weekly support on 1.17$.
at the moment the price is in the consolidation phase below the resistance and wants to retest the lower trendline of the falling wedge.
How to approach?
The price could create a new bear flag between the previous support now new resistance and the dynamic resistance, so, if the price is going to have a breakout from that structure, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
FTMUSDT is getting liquidity from the demand zoneThe price is testing the demand zone on 0.61$ after a double top formation and double top. On the daily timeframe the price is creating the falling wedge as well.
How to approach?
The price could grab the new liquidity from 0.5$ and create a new breakout from the 0.7$, so If the price is going to satisfy our rules, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
BTCUSDT wants the 34k
The price had a breakdown from the daily support after a false breakout from the falling wedge. Now the price is in the consolidation phase below the daily structure and we are waiting for a pullback on the previous dynamic support and now new resistance.
How we can approach it?
The price could grab the new liquidity from the first demand zone on 34k in order to retest the 37k-38k area. According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
GRTUSDT is ready for the reversal?The price got rejections from the dynamic daily resistance and now the price is testing the 4h resistance above the weekly support.
How to approach?
IF the price is going to have a breakout from the resistance and retest the resistance as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
LTCUSDT is creating a falling wedgeThe price is creating a descending channel on the daily timeframe after a bounce from the weekly area.
On the 4h timeframe the price is going to create a falling wedge.
So how to approach?
IF the price is going to have a breakout from the resistance and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
KCSUSDT is testing the 0.618 Fibonacci levelThe price got a rejection from the weekly resistance where we were waiting for the flip for a long scenario.
the price is testing the 0.618 Fibonacci level and the market had a breakout from the descending channel.
How to approach?
The price could retest the demand zone on 18$, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
EGLDUSDT ready to explode? 💣The price created a triple bottom on the daily support on 159% as you can see on the upper chart.
On the 4h timeframe the price bounced exactly on the 0.886 Fibonacci level and dynamic support. The price got liquidity and had a breakout from the descending Channel. Now the price is testing the weekly resistance as new support
How to approach?
The price needs to have a breakout form the 170$ with Volumes and Momentum, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
SANDUSDT is testing the weekly supportthe price is testing a key level on 2.73 on the weekly support where the price got several bounces.
On the 4h timeframe the price is creating a descending channel below the 4h resistance on 2.75$
How to approach?
The price needs to have a clear breakout from the descending channel and retest the 4h resistance as new support and confirm the weekly support.
IF the price is going to have a breakout, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
THETAUSDT is testing the 4h supportThe price got the rejection from 4.3$ where the market has a daily resistance.
on the 4h Timeframe the price lost the 4h dynamic support and not it's testing the static support on 3.2$
How to approach?
IF the price is going to lose the daily support of 3.1$ we could see a new bearish impulse 2.8$, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
XRPUSDT lost the 4h support The price had a breakout rom the ascending channel after a rejection from the monthly resistance on 0.918$
On the 4h timeframe, the price had a breakout from the bear flag and now the price lost the 4h support on 0.75$
How to approach?
IF the price is going to lose the next 4h support and satisfy our rules we can open a new short position. The next valid support is the daily one, on 0,69$
According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
ENSUSDT is in consolidation phaseThe market created a double bottom on the 12.30$ on the daily timeframe.
After each breakout, the price retested the previous resistance as new support.
on the 4h timeframe, the price is in the consolidation phase below the 20.5$
How to approach?
IF the price is going to have a clear breakout from 21$ and retest as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
ETHUSDT is testing the 4h resistanceAccording to my previous analysis () the price followed my arrow and now the price is testing the 3520$ resistance.
On the daily timeframe the price had a breakout from the daily resistance on 3410 and retest it as new support.
How to approach?
The price could retest the resistance at 3680$, so the market needs to get new momentum and liquidity with a new breakout from 3530$. the next valid resistance is on 3590. According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
HBARUSDT is testing the daily resistanceThe price got a rejection from the monthly resistance on 0.26$
On the 4h timeframe the price is creating a bullflag on the 0.5 Fibonacci level and the market is trying to have a breakout from the M's neckline and daily resistance on 0.25$
how to approach?
IF the price is going to have a breakout from the resisntace and retest it as new support, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
BTCUSDT is testing the supportThe price got a rejection from the daily resistance on 48100 as you can see on the daily timeframe.
On the 4h timeframe, the price is following the arrow that I drew in the previous analysis. The price needs to hold the support on 44k and 0.382 Fibonacci level.
How to approach?
IF the price is going to lose the support we could see a retest of 0.5-0.618 Fibonacci level on 42k. Otherwise, if the price is going to get new liquidity from the previous resistance now new support, we could see a new bullish impulse. The market needs to create a new breakout from the 48200
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
DYDXUSDT wants the breakout!The price is trying to have a breakout from the daily resistance on the daily timeframe after several rejections.
On the 4h timeframe, the price got liquidity from the demand zone on 4.8$
the price is testing the 4h resistance on 5.2$ on 0.5 Fibonacci level.
How to approach?
If the price is going to have a breakout from that area, we could see a new bullish impulse until the next valid resistance on 5.5$
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
IOTXUSDT is testing the 4h resistanceThe price had a breakout from the bull flag and retest the 4h resistance on 0.10$.
This area is very strong, if you look on the left you can see that the price got bounces and rejections from it, it means that the market "suffers" on this area
How to approach?
The price needs to have a new breakout from the resistance and confirm it. As you can see, the breakout is not enough, before the price had a false one, for that reason we are following Plancton's rules to open a new position. So, IF the price is going to confirm the flip, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
ETHUSDT want to go higher 🦐The price is testing the 0.5 Fibonacci retracements as I said in my previous analysis (). The price is creating e new higher high above the previous on (3200)
On the 4h timeframe, the price had a breakout from the supply zone.
how to approach?
the price needs to confirm and According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
XRPUSDT wants to go higherthe price had a breakout from the bullflag and monthly resistance due to the news.
After that, the price got a rejection from the daily resistance on 0.85$.
On 4h timeframe, the price s testing the previous resistance as new support and the price needs to grab liquidity to confirm the breakout of the monthly area on 0.78$.
How to approach?
If the price is going to have a breakout from the resistance area, According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
KCSUSDT is testing the daily resistance
The price retested the 0.786 Fibonacci level on the monthly timeframe.
On the daily timeframe, the price is testing the daily resistance on the 19$, as you can see on video, the price got rejections from that area, it means that this area is very strong, and the market needs a clear breakout from it with volume.
On the 4h time frame we can find two supply zone, the first one around 19.5$.
How to approach?
IF the price is going to have a breakout from the daily resistance, According to Plancton's strategy , we can set a nice order
The next valid resistance is 21$
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
BTCUSDT is testing a key level
In this analysis, we start from monthly timeframe and we can see how the price respected the Fibonacci retracement on 0.786 level, and we create new weekly and monthly structures.
on the Daily timeframe the price created a strong area on 43-44k where the market is trying to have a breakout.
On the 4h timeframe we can see how the price is testing the 0.886 Fibonacci level as new resistance.
How to approach?
We need to see a new breakout from the daily resistance with Volume and momentum, because that area is very strong and we could see a false breakout from it, for that reason we are following our rules. A breakout is not enough to open a new long position, the price needs to satisfy our rules. IF the price is going to satisfy all our checkpoints, we can open a new long position. the next valid resistance is on the monthly resistance on 46800
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
UNIUSDT is testing the daily resistance The price had a breakout from the descending channel on the daily channel and now the market is testing the static daily resistance on 10.25$
On the 4h timeframe the price is creating an ascending channel.
Beware to the supply zone on the 10.6$
How to approach?
We are waiting for the breakout from the resistance and retest it as new support. Of course a breakout is not enough, you need to have a strategy, for that reason we are following our rules. According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐