ETHBTC is ranging below the resistance 🦐the price is ranging below the daily resistance. IF the price will have a breakout upward, and retest the current resistance into new support, 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.
Resistance_level
LRCUSDT wants the breakout! 🦐The price is testing the daily resistance. IF the price will have a breakout 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.
MANAUSDT is testing the daily resistanceThe price is testing the daily resistance after a nice breakout from descending channel. IF the price will have a breakout from the resistance and flip 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.
BATUSDT is testing the 4h resistance 🦐the price is testing the 4h resistance, after bounced on daily trendline. IF the price will have a breakout 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.
ZRXUSDT waiting for the breakout 🦐the price is testing the daily resistance inside a descending channel. IF the price will have a breakout upward and retest the daily 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.
TRAP FOR POOR RETAIL TRADERS on AUDNZDPrice has approached the top of a very visible parallel channel as well as a resistance area.
It's dangerous to trade short as big banks, hedge fund, institutions will have the opportunity of a big amount of liquidity that they will use to fill their orders. Basically they might drive the price higher with big capitals, and hit all retail trader's stops.
Be carefull.
VET-USDT(Symmetrical triangle Pattern)In the year 2021, VeChain has given mammoth returns of ~420% till date.
VeChain, a blockchain-powered supply chain platform that aims to create an ecosystem that solves some of the major problems with supply chain management.
Key Levels to watch out:-
On the 4 Hourly Time Frame, VETUSDT has been trading in a Symmetrical Triangle Pattern and is currently trading near the upper trendline.
The support to the lower side is placed at $0.0857 and if it manages to give a decent close above ~$0.096 , it will most probably reach the target of $0.12 .
Oil Sell Idea From Strong Resistance ZoneH4 - Bearish trend pattern.
Currently it looks like a correction is happening in the form of a range.
Price has reached a strong resistance zone formed by the top of the range and the downtrend line.
Until this strong resistance zone holds my view remains bearish here.
LINKUSDT Grayscale pump 🦐Linkusdt is testing the daily resistance after Grayscale's news. IF the price will have a breakout 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.
ETHUSDT got a rejection from the Supply zone 🦐ETHUSDT got a rejection from the Supply zone so far. IF the price retest 0.5 Fibonacci level, got liquidity, we can see a nice brekout.
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.
DXY is looking for a direction.As shown in the charts, the price trend records a downward movement, using the entire range of the trend channel, but is unable to break the resistance level at 92.50. Applying the Fibonacci Retracement tool, it seems that the specific resistance level at which the upward trend of the last period was stopped coincides with the critical price level of 61.8FR. This makes it particularly important in determining the course of the DXY. Moreover, there are two more critical resistance levels at 94.60 and 96.00.
The averages as well as the MACD, on the other hand, seem to give a positive outlook on DXY's effort to move upwards. At present, of course, these observations are too early and are not sufficient to definitively substantiate the beginning of an uptrend. Clearly much more momentum is needed from the MACD as well as the averages that record the uptrend to get the right position.
Looking at the data from the Bollinger Bands, it seems that the index reacts more than ever to the upward movement of the DXY, as the outer bands are in a relative deviation. Without this of course creating perfectly for its course because it may have been caused by the movement of prices outside the upper band. Finally, the data analyzed by the Bulls / Bears seem to lead to the accumulation of a dynamic on the part of buyers which is still subdued.
Summarizing all the above, it seems that DXY is trying to find an uptrend which now cannot be confirmed 100%. The criticality of the price level 92.50 is obvious. A possible upward break in this resistance level may lead DXY to what it has been trying lately, a rise in prices. On the other hand, if prices move lower in the coming days, it means that buyers are not yet ready to take the risk and drive the dollar higher.
BTCUSDT is testing the supply zone 🦐After our previous idea with nice gain, the price is testing the supply zone. IF the price will have a breakout upward, 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.
NEOUSDT is ready for the monthly breakout 🦐The price had a breakout from a descending channel and now it's ready to have a breakout from Monthly resistance. IF the price will have a breakout 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.
ETHUSD My Supports And Resistances Thought that someone will find useful or want to compares his/hers supports and resistances with someone else's.
Also they are pretty accurate you can check them by yourself.
Thank you for reading my post, have a great day, wish you all the best !
Information provided is only educational and should not be used to take action in the market.
Feel free to ask anything on the comments :)
USDJPY RESISTANCE LEVEL TO RE HITThe price tried to break through the strong resistance level of 106.11 and hit the resistance zone in the same position. However, immediately after a small false breakout, it touched the resistance line of the ascending channel.
This channel has existed since December 2020. After touching the resistance zone, the price reversed in the fall. Now we see that the price began to work out the correction. However, I expect that the price will first fall to the support line of 104.95 before rallying towards the resistance level. After that, it will push off and grow to the resistance level of 106.00. This is our goal.
#USDJPY
Shall the Bullish February continues for GBPUSD?Hi traders,
Its been very bullish month so far in February , During the last week of this month , this pair may try to reach the zone 1.41 area , but the long term resistance @ 1.408 may sends the price down to 1.39500. this movements could lay the foundation for next month's movement.
Analysis only for education purpose
TWTUSDT is testing the upper trendline 🦐the price tested the upper trendline and got the rejection. If the price will have a breakout upward, and flip the current 4h resistance into 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.