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ASR / TetherUS

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ASRUSDT trade ideas

ASRUSDT is creating a descending channel 🦐ASRUSDT is creating a descending channel and now the price is testing the upper trendline and 1 day resistance. IF the price will have a breakout upward, 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.
Long
by InkyGrip
12
ASRUSDT (AS ROMA FAN TOKEN) - BULLISH SETUP ANALYSIS 🔎 - ASRUSDT has been on a mid-term uptrend since January 2021. - This uptrend has been supported by the ascending trendline support (ATS). - The market hit a swing high and retraced. - Price retested the ascending trendline support. - Price action is printing a pennant (P) pattern. - A pennant pattern is a trend continuation pattern. - It is a bullish continuation pattern in this case. - There's a breakout potential. BUY ENTRY ⬆️ - Stop limit entry : breakout above the pennant pattern's inclined resistance. - Limit entry : test of the pennant pattern's inclined support. - Market entry : current market price (CMP). TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Horizontal resistance level (R3). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the pennant pattern's inclined support and the ascending trendline support.
Long
by Chibuike_Odoh
3