YFIUSDT Is creating an inverse had and shoulder on 4h, and the price is testing the previous daily dynamic support. The price is inside a descending channel. IF AND only IF the price will have a breakout upward, we can look for a long position, According to Plancton's strategy (check our Academy), we can set a nice order
Daily ––––– 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.
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.