BTCUSDT is testing the upper trendline of the channel 🦐

Updated
BTCUSDT is testing the upper trendline of the channel. As you can see the price is testing 2019's higher and receive the first rejection.
We can expect a retracement on weekly support before a nice bullish impulse
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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.
Note
Everything as expected
snapshot
Note
Be careful, The Price is forming Double Top on 4h

snapshot
Chart PatternsHarmonic PatternsMonthly ChartsretracementTrend Analysis

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