XRPUSDT is inside a huge ascending weekly channel and daily channel. the price bounced on 0.5 Fibonacci Level. To see another impulse towards up the price needs Volume. IF the price will have a weekly breakout According to Plancton's strategy, we can set a nice order
Huge Weekly Channel ––––– 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.
Note
Nice bounce on 0.5 Fibonacci Level, the price is creating an inverse head and shoulder
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.