XLMUSDT is inside an desceding wedge,
The price bounced on weekly support and on 0.5 Fibonacci Level.
The price needs Volume to try a breakout on daily resistance
IF the price will lose the weekly support, we can see a deep retracement.
Daily
Weekly
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
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 Plancton0618 strategy will trigger.
The price bounced on weekly support and on 0.5 Fibonacci Level.
The price needs Volume to try a breakout on daily resistance
IF the price will lose the weekly support, we can see a deep retracement.
Daily
Weekly
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.
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 Plancton0618 strategy will trigger.
Note
The price needs to break the daily resistance and more VolumeNote
the price must hold the ascending channel
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.