Long

MATICBTC is consolidation below weekly structure 🦐

By InkyGrip
Updated
MATICBTC is consolidation below weekly structure.
  • on 1d timeframe the price is creating an inverse head and shoulder
    snapshot
  • on 4h timeframe the price is creating an ascending triangle


IF the price will break the weekly 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.



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
Nice Breakout as expected
snapshot
Comment
the price needs to recover the weekly structure
snapshot
Ascending TriangleascendingtrianglebreakoutascendingtriangletradingChart PatternsHarmonic PatternsTrend Analysis

Related publications

Disclaimer