BTCUSDT is testing the 0.618 Fibonacci level 🦐BTCUSDT is testing the 0.618 Fibonacci level inside an rising wedge. We are watching for the next opportunity.
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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.
Wedgebreakout
LTCBTC is inside a falling wedge 🦐LTCBTC is inside a falling wedge. IF the price will have a breakout, 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.
XLMBTC is creating a falling wedge 🦐XLMBTC is creating a falling wedge on the weekly support. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), 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.
LTCUSDT is testing the daily resistance after a breakout LTCUSDT is testing the daily resistance after a breakout from a falling wedge.
According to Plancton's strategy (check our Academy ), 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.
Bitcoin next stepsWarning: Use this information at your own risk.
Bitcoin actual situation:
- it stops at 46000
- now retracing in direction to 42000 support
- inside a rising wedge( OMG danger everywere X´D)
TA:
- it may retrace lower to 42000 and stay there for a while
- maybe we see a nice tradeable triangle
- then there are 2 options like always:
+ it can continue de new uptrend following the base of the rising wedge
+ or it can break lower and retrace furter to 38000 support and start a new downtrend
to 30000 support continuing the lateral bullshit
Let me now in the comments if this post help you and be welcome to make any suggestion.
EURUSD < 10pips from Stop Lost with 441.3 pips potential! 8/8/21EURUSD price have broken the wedge pattern with completed ending diagonal pattern. Stop Lost either @ 1.1750 ( less than 10 pips from current 1.17587 level with potential profit of 440 pips . Meant 1.17587 - 1.1750 = 8.7 pips risk . 440 / 8.7 = 50.57/ 1 "Huge!" risk/reward ratio ) or @ 1.1700
VETUSDT is testing the weekly resistance 🦐VETUSDT is testing the weekly resistance inside a rising wedge. IF the price is going to have a breakout and retest the previous resistance as new support, According to Plancton's strategy (check our Academy ), 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.
#tsla wedge breakout, tesla to the moon??#tsla is breaking out harder than a pitbull chasing a turtle carrying hotdogs, as my great grandpappy Cletus would say. Except I don't have a grandpa named Cletus, jokes on you. Here's your alert on TSLA, wedge breakout confirmed, you could wait to enter on pullback or just do what I do and buy the breakout and trail your stop aggressively. Price target is 780, I expect this to be a several week swing. Obligatory not financial advice your gains and losses are your own if trading do your own analysis too. Happy hunting.
IOTAUSDT is testing the weekly support 🦐After a very nice profit ( check it ) the price is creating a falling wedge above the weekly support. IF the price will have a breakout upward, we can look for a long position according with our academy, otherwise if the price will lose the weekly support, According to Plancton's strategy (check our Academy ), 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.
LRCUSDT is creating a falling wedge 🦐LRCUSDT is creating a falling wedge and now the price is testing the previous resistance as new support.
A long scenario is valid only if the price will have a breakout from the wedge and from the weekly resistance, otherwise, if the price will lose the 4h support, we could see a retest of the weekly support. According to Plancton's strategy (check our Academy), 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.
AUDUSD BEARISHAUDUSD is set to commence on a bearish market run based on the below fundamental and technical analysis.
Fundamental Analysis:
-China's negative trade policy on Australia products coal wine among others and accusations of dumping
-Australia Covid 19 lockdown
-According to COT Commitment of traders report, Dealers have taken short positions and changed form long.
Technical Analysis Supporting:
-Price has broken daily uptrend resistance line
-Bearish Head and Shoulder Pattern Formation confirmed.
-Rising Wedge broken on lower resistance line
-Price went below moving average
ICPUSDT is inside a falling wedge 🦐ICPUSDT is inside a falling wedge and now the price is between two 4h structures. IF the price will have a breakout upward and retest the current resistance as new support, According to Plancton's strategy (check our Academy ), 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.
Bitcoin is going to touch 33500$ as a resistance after pullbackHi dear followers, As you can see Bitcoin was supported around 31K support perfectly, It seems whales doesn't want bitcoin to go lower!
Okay, As you can see we had a breakout of white trend line and in my idea Bitcoin can touch sky blue trend line as a resistance after pullback easily.
If Bitcoin can breakout sky blue trend line we can say that the trend has changed! bearish to bullish!
Personally I will take a LONG position in pullback.
Your LIKES and Comments are the best Thank u.
BE PROFITABLE!
OLB - Software Application Tech Sector Swing PlayOLB has been forming a massive wedge on the daily around strong support. Current break of the wedge occured on volume and moved above the volume point of control, which is a massive support once passed. $5.70 would be risk if using POC. Below that if this is a false breakout without confirmation, risk is down to $5, due to the volume desert above the POC, its possible this moves quickly through levels matching previous highs. These sectors move hot, we have seen MRIN and AUUD.
OLB is a software application for businesses to manage online stores, I don't necessarily trade based on fundamentals, but I understand that this type of company will likely flourish as more businesses move to online, I am swinging short term due it it fitting market theme. Always do your own due diligence, manage your risk and learn to scale in and out of your positions.