SPELLUSDT trade ideas
SPELLUSDT is creating a pennantSPELLUSDT is creating a pennant below the daily resistance.
IF the price is going to have a breakout, 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.
SPELLUSDT is trying to have a breakout 🦐SPELLUSDT is trying to have a breakout from the descending channel.
IF the price is going to 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.
Spell Short I know it’s up 18% today BUT it Looks like another failed attempt at closing above .016 on the 4hr candle. Easy short.
Buy SPELLHi Traders
SPELL looks like a buy to me. Always consider that Crypto depends a lot on BTC when trading small cap coins like this. For me both look good at the moment.
SPELL looks like having a comeback!After a massive dump on listing, SPELL has been rising steadily.
It's very probably mostly bots as the price ranges fir Fib levels, too well to say the least.
However as reaching ATH, moving above the top resistance will enable a parabolic rise.
Stop below the trend at a point comfortable with your risk apatite.
