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WABIBTC is creating a falling wedge 🦐WABIBTC is creating a falling wedge below the weekly 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.
WLong
by InkyGrip
13
SPY Rising wedge Pattern -BEARISH Rising wedge pattern on the 2hr chart. -Volume slowly decreasing the past week - We could see another retest of the ATH before this Bearish scenario plays out -If price breaks out above ATH with good volume, we could see another short term bullish move before any significant drop -Every indicator is pointing towards a drop, we just don't know when until it happens. Tomorrow, next week, next year. The thing is, nobody knows and everyone will try to call a "TOP" and most of them will be wrong. That is why it is crucial to always have a game plan in place for if there is a correction or sudden drop in the market. What are your thoughts on this analysis?
AMEX:SPYShort
by Lilbuddadude
AUTO/USDT Recent listing on Binance and all Coins in circulationAUTO got recently listed on Binance and is still a very young project. It's a yield farming aggregator running on the Binance smart chain and Huobi Eco chain. After the listing we got back to the price level from before. However nearly all coins are currently in circulation and both chains are getting more and more attention. The pevious ATH is around 13'500$ and therefore our second target. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
ALong
by tumbler55