ETHUSDT is inside an ascending channel, and the price is trying to have a breakout. Be careful with Weekly resistance. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order โโโโโ Follow the Shrimp ๐ฆ
Keep in mind.
๐ฃ Purple structure -> Monthly structure.
๐ด Red structure -> Weekly structure.
๐ต Blue structure -> Daily structure.
๐ก Yellow structure -> 4h structure.
โซ๏ธ 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.
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The price is testing the lower trendline as expected.