ETHUSDT is testing the daily dynamic trendline. The price had a nice breakout on the monthly structure, and now the price is retesting on a weekly timeframe. IF the price gains bullish momentum and breaks the weekly structure and turn into support, we can set a nice long. but IF the price will have a breakout downward, and turns the monthly support as resistance, we can set a sell 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.
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.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.