IOTAUSDT lost monthly support 🦐IOTAUSDT lost monthly support. The price could create a retracement to retest monthly resistance (0.618 Fibonacci level) and then continue its bearish.
movement. IF the price turns the previous support into new resistance, According to Plancton's strategy (check our Academy), we can set a nice order
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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.
Rejection
RIPPLE video top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
Here is the top-down analysis for RIPPLE, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
DOW JONES Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
on DAILY: DOW JONES is sitting around strong resistance in blue and round number 3000.0 so we will be looking for sell setups on lower timeframes.
on H1: DOW JONES formed an objective wedge pattern in red so we are waiting for a momentum candle close below its last swing to sell.
Trigger: Waiting for a momentum candle close below the gray area to sell.
and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone.
As price approaches our lower green support, we will be looking for buy setups.
Good luck!
USDZAR top-down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow.
on WEEKLY: USDZAR is sitting around strong demand in blue and rejecting a green trendline so we will be looking for trend-following buy setups on lower timeframes.
on H1: USDZAR is forming a trendline in red so we are waiting for a new swing to form around it to consider it our new trigger swing.
Trigger: Waiting for a momentum candle close above the gray area to sell.
and until the buy is activated, this one would be overall bearish and can still dive inside the blue zone.
Good luck!