NEOUSDT is inside an ascending weekly channel 🦐
Updated
NEOUSDT is inside an ascending weekly channel, and the price is testing monthly structure. (check our previous idea)
The price needs to have two breakouts, the first one from weekly resistance, the second one from the daily descending channel.
weekly
According to Plancton's strategy (check our Academy), 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.
The price needs to have two breakouts, the first one from weekly resistance, the second one from the daily descending channel.
weekly
According to Plancton's strategy (check our Academy), 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
Be Careful, the price is creating a rising wedgeNote
Daily close aboveweekly structure
Note
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