ADAUSDT broke a descending channel 🦐

Updated
ADAUSDT broke a descending channel, and now the price is testing weekly support. IF the price has a daily close above the weekly structure and will have a breakout from 4h resistance, 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.
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Waiting for a clear breakout
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👀
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As expected
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The price bounced on 4h support where We said. We are waiting for a next bullish impulse
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Waiting for the next breakout
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Chart PatternsDescending ChannelTrend AnalysisWave Analysis

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