Long

BTTUSDT is inside an ascending channel 🦐

Updated
BTTUSDT is inside an ascending channel and the price is creating a big inverse head and shoulder.
The price is testing 0.618 Fibonacci level and it's trying to have a breakout from the descending channel. According to Plancton's strategy, 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.
Note
Be careful with Weekly resistance
snapshot
Note
the price is testing the local 4h resistance snapshot
Ascending ChannelChart PatternsDescending ChannelFibonacci RetracementHarmonic PatternsInverse Head and ShouldersTrend Analysis

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