IF UTZ.X the price close this week above weekly resistance and the price will have a breakout upward and flip the upper trendline into new support, 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.
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The price is inside a descending channel. We are waiting for the breakout (weekly resistance)
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The price is testing the lower trendline
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Waiting for breakout
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Untile the price doesn't have a breakout, I will watch
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ready for the breakout?
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The price is testing the weekly resistance right now 👀
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