Litecoin / TetherUS
Long
Updated

LTCUSDT is testing the 0.618 Fibonacci level on weekly support

1 625
LTCUSDT is testing the 0.618 Fibonacci level on weekly support. We are waiting for the bounce and if the price will satisfy our strategies (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.
Note
Waiting for the daily close above weekly structure
snapshot
Note
The price is testing 0.618 Fibonacci level as expected
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Note
The price bounced on 0.618 Fibonacci level as expected.
snapshot
Note
breakout as expected
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Waiting for the next impulse
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Waiting for the weekly breakout!
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Note
The price is testing the weekly resistance as expected
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Trade closed: target reached
As Expected
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