BTCUSDT in is an ascending channel 🦐
Updated
BTCUSDT in is an ascending channel after the the price rejected from weekly resistance.
On weekly chart the price is testing again 0.382 Fibonacci Level, IF the price will lose daily support, we can see a deep retracement
According to Plancton's strategy, we can set a nice order
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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 Plancton0618 strategy will trigger.
On weekly chart the price is testing again 0.382 Fibonacci Level, IF the price will lose daily support, we can see a deep retracement
According to Plancton's strategy, 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.
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 Plancton0618 strategy will trigger.
Comment
It's a Descending Channel, sorry for typo!Related publications
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