RSRUSDT had a breakout from descending channel 🦐

Updated
RSRUSDT had a breakout from the descending channel and retest it. Now the price is creating an inverse head and shoulder and testing daily resistance.
IF The price will break that resistance and turn it 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
We need to wait for a clear close above the resistance
snapshot
Note
Waiting for a breakout and confirmation
snapshot
Note
everything as expected
snapshot
Note
Everything as expected
snapshot
Trade closed: target reached
snapshot
Chart PatternsHarmonic PatternsInverse Head and ShoulderssupportTrend Analysis

Related publications

Disclaimer