BTCUSDT is inside a descending channel 🦐

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT is inside a descending channel for a few days.
The price tested several times the daily support and the local resistance. At the moment the volume is decreasing and it means a new impulse. We can't predict which direction, we need to wait for confirmation and follow the market.
Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • πŸ”΄ Red structure -> Weekly structure.
  • πŸ”΅ 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.
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Great idea, pullback is very likely at this point
+1 Reply
plancton0618 MachiavelliTrader
@MachiavelliTrader, thanks for sharing your vision with us
I guess based on macd ,ichimoko, alligator and boolinger it will go till 11525 in next 2 or 3 hours 😬
+1 Reply
plancton0618 capableKing30549
@capableKing30549, looks in a strong move. thanks for sharing your view :)
good. happy to see we are in the same view. cheers!
+1 Reply
plancton0618 bestfarbit74
@bestfarbit74, 🍻
Channels are very practical tools πŸ‘ŒπŸ» ThanksForSharing πŸ€—πŸ™πŸ»
+1 Reply
plancton0618 Mahtab_sh
@Mahtab_sh, thanks for your comment and vision 🦐
I think it is trying to test the upper trendline. Thanks for sharing your idea πŸ»β€β„οΈπŸ˜ƒ
+1 Reply
plancton0618 PolarHusk
@PolarHusk, thanks thanks thanks 🍿πŸ”₯πŸš€πŸ¦
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