BTCUSDT could retest 40k 🦐The price created a nice double bottom on the weekly support as expected ( CHECK MY IDEA ).
After the breakout from 4h trendline, the price is testing the daily resistance.
IF the price will have a breakout from it, and turn the current resistance 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.
Breakouts
UNIUSDT is testing an important weekly support 🦐UNIUSDT is testing an important weekly support and the price is creating a double bottom on it. IF and only IF the price will have a breakout from 4h trendline and confirm the 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.
TOMOUSDT could retest 0.6$ 🦐TOMOUSDT could retest 0.6$. The price is testing an important weekly support. IF and ONLY IF the price will lost the current support and retest it as new resistance, 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.
WAVESBTC is testing the 0.786 🦐WAVESBTC is testing the 0.786 and the support of the triangle below the weekly resistance. IF the price will have a breakout and retest the weekly resistance as 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.
BTCUSDT is testing an important daily support 🦐BTCUSDT is testing an important daily support inside the descending wedge on 0.618 Fibonacci level. IF AND ONLY IF the price will lose the current support, the price could retest the previous weekly support, around 30k. 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.
WRXUSDT could retest 0.82 $WRXUSDT could retest 0.82 $ if the price will lose the current 4 support. If the price turns the current support into new resistance, 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.
BTC Triangle pattern BREAKOUT Imminent!BITBAY:BTCUSD BINANCE:BTCUSDT
Hi , I hope you're doing well . After 20 days or so of being in this triangle pattern we will have a breakout in about 24 hours.
So as you can see since we've had entered this pattern the price volatility and the range of price movement has decreased significantly ( As shown in the ATR indicator ), this indicates that in case of breakout we'll have impulsive movement either towards down or up.
The measured price target for this triangle is about 49000 and 25000 . Because symmetrical triangle is a continuation pattern (the trend coming out of the symmetrical triangle is more likely to be same as the trend that goes in to the pattern) it is more likely to breakout downwards, but in this case I don't think that we'll go for the measured price target which is 25000 but instead we will have a final shake out and dump to about 30000 level which matches with wyckoffs accumulation pattern (phase C) :
academy.binance.com
If you found my idea helpful like and leave your opinion in the comments and follow me for more!!!;) tnx
ETHBTC esting the upper trendline 🦐The price is testing the upper trendline of the descending channel. IF the price will have a breakout from the resistance, and flip the current resistance 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.
The price is creating a triangle 🦐The price is creating a triangle, and now the price is testing the 4h resistance. IF the price will have a breakout, 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.
TRXUSDT is ready for the breakout 🦐TRXUSDT is ready for the breakout, the price is testing the daily resistance right now. IF the price will have a breakout, 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.
UMAUSDT wants to have a breakout 🦐UMAUSDT wants to have a breakout from a descending trendline and daily resistance. IF the price will have a breakout,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.
US Stock In Play: $SSTK (Shutterstock Inc)$SSTK navigated its way back to its 7 years high of $103 this week, closing lower in the latest session at $101.46. The April rally of $SSTK coincides with breakout of a 2 months downtrend channel, along with price action reversal behavior along its 20DMA. The cumulative gain garnered from this momentous breakout amounted to +14.40% in 14 trading session.
Currently, $SSTK remains below its Tuesday high of $104.57 with a Bearish Shooting Star candlestick pattern. Any further rally of $SSTK into an all time high region would require $90 classical support range to hold for any imminent correction.
$SSTK a technology company, provides content, and tools and services in North America, Europe, and internationally. It offers image services consisting of photographs, vectors, and illustrations.