The price is trying to have a breakout from descending channel. IF the price will have a breakout and flip the current 4h resistance into new support, 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.
๋ ธํธ
Still waiting for the breakout
๋ ธํธ
Waiting for the breakout
๋ ธํธ
Nice breakout from descending channel as expected. Waiting for the daily breakout