NEOUSDT breakout from descending channel after price bounced on 0.5 Fibonacci level (Monthly retracement) IF the price will break the daily resistance and flip it as 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
the price is testing monthly support and it creates a double bottom. We are waiting for a new bullish impulse
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