BCHUSDT is testing the 4h resistance 🦐
Updated
BCHUSDT is testing the 4h resistance inside an ascending channel.
IF the price will have a breakout upward, we could apply our strategies in order to open a new long position, otherwise, if the price will lose the weekly support, We can see a new bearish scenario.
According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
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.
IF the price will have a breakout upward, we could apply our strategies in order to open a new long position, otherwise, if the price will lose the weekly support, We can see a new bearish scenario.
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.
Note
12% after the breakout as expected
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.