LTCUSDT is testing monthly dynamic resistance 🦐
Updated
LTCUSDT is testing monthly dynamic resistance. Now the price is on the 0.618 Fibonacci level on a daily timeframe.
IF the price will have a breakout upward, and turns the daily resistance into support, 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 the Plancton0618 strategy will trigger.
IF the price will have a breakout upward, and turns the daily resistance into support, 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.
- ⚫️ 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
Waiting for a breakout from descending channelNote
Everything as expectedNote
Perfect 🔥
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