The price created a new ATH as I said on the previous analysis and now got a rejection from 1.27 Fibonacci Ext on 120$
The price is testing the new daily support.
How to approach?
The price could have a retracement after the latest bullrun, and retest the 0.5 Fibonacci level or 0.618 on 80$.
so IF and only IF the price is going to lose the support and had a breakout from the rising wedge, According to Plancton's strategy, we can set a nice order
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Keep in mind.
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Follow the Shrimp 🦐
The price is testing the new daily support.
How to approach?
The price could have a retracement after the latest bullrun, and retest the 0.5 Fibonacci level or 0.618 on 80$.
so IF and only IF the price is going to lose the support and had a breakout from the rising wedge, According to Plancton's strategy, we can set a nice order
–––––
Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
–––––
Follow the Shrimp 🦐
Note
11% so farNote
13% after my call.Note
13% so far. the price is going to test the Fibonacci Level, check the first analysis.
Note
the price is following my drawing. 15% so farNote
17% after my call 😎Note
the price got another rejection from the daily resistance as I told youcongrats Planctoners, a clear 17% so far 😎
Note
a Clear 18% since my callcongrats Planctoners
Note
The price is approaching on the weekly support as I told you.Congrats Planctoners, clear 19% so far
Trade closed: target reached
Another Profits during the downtrend! 29%
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Related publications
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.