ETH on big decisionETH is moving into a triangle range and trying to breakout. A decision will occurs within 10 hours.
Breaking out the upper bound will continue its growth, otherwise it will fall into the next dip, be patient and not emotional.
Always follow your trading plan ;)
To be honest, ETH is now following the bitcoin and Bitcoin is just below its resistance to $45600, if Bitcoin breaks it, ETH should breaks it also :)
Triangle Wave
BATUSDT is testing weekly support 🦐After the profit ( check my previous idea ) $BAT.X is testing the weekly support inside a descending channel. Using a Big picture, we can see that the price is inside a huge weekly triangle. At the moment we need to wait for understand the price's strength. IF the price will have a breakout upward, we can see another bullish impulse until monthly resistance, otherwise if the price will lose the support, we can see a retest of lower trendline (triangle).
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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.
ONTUSDT is testing weekly resistance 🦐IF $ONT.X will have a breakout from dynamic upper resistance and static weekly resistance and flip it into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDIOUSDT Huge Ascending triangle 🦐$AUDIO.X is creating an amazing Ascending triangle. 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.
DOTUSDT is creating an ascending triangle 🦐After the perfect bounce on 0.382 , $DOT.X is creating an ascending triangle and the price is testing the lower trendline. IF the price will have a breakout upward, we can see another bullish impulse.
According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
THETAUSDT is inside a huge triangle 🦐$THETA.X is testing lower trendline. 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.
ATOMUSDT is inside a triangle 🦐$ATOM.X is testing weekly resistance. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
YFIIUSDT is testing 4h resistance 🦐$YFII.X is inside a weekly range, and the price is testing 4h resistance and 4h trendline. 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.
$RIDE Possible Traingle - Ride looking like a nice triangle, correcting forever.
- It also showing a possible acbde traingle but very unlikely as a the famous 1,2 count is showing off nicely for a huge long to the upside.
- Overall bullish!
AVABTC is creating an ascending triangle 🦐IF $AVA.X will have a breakout upward and flip the current 4h resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
What is an Ascending Triangle?
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside. Ascending triangles are often called continuation patterns since the price will typically breakout in the same direction as the trend that was in place just prior to the triangle forming.
An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop loss level.
–––––
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.
LUNABTC is inside a triangle 🦐IF $LUNA.X 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.
XRPUSDT nice breakout from monthly resistance 🦐XRPUSDT nice breakout from monthly resistance and from a weekly symmetrical triangle.
the price could retest the previous resistance as 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.
ADAUSDT is trying to have a breakout 🦐ADAUSDT is trying to have a breakout from the symmetrical triangle and testing 0.5 Fibonacci weekly level.
IF the price will have a breakout upwards, According to Plancton's strategy, 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.
USDJPY - breaking down the triangle patternthe triangle pattern is obvious in chart and the price has already broken down the lower line!
so we just wait for pullback to be completed then after the first sign of reversal candlestick pattern we will open our position.
note: it is not recommended to open a position before these steps! let the price ensure us about a valid break down then we will open a profitable position.
If you like to trade with me and know about these patterns ASAP just follow me and like the post ;)
it's great to make profite together :)