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InkyGrip
Oct 8, 2020 9:42 AM

BTCUSDT is inside a bearish triangle 🦐 Short

Bitcoin / TetherUSBinance

Description

BTCUSDT is inside a bearish triangle. the price had bounced on 0.618 Fibonacci level. I
IF the price will break the triangle towards the downside, According to Plancton's strategy, we can set a nice order
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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.

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Comments
KIMphamFX
great job, thanks
InkyGrip
@KIMphamFX, thanks
track4success
i think short is smart in the current economic climate, pretty sure the entire world economy is in that bounce for a down turn. part two, btc drops 50% im willing to bet a grand on 25x short
InkyGrip
@track4success, appreciate your vision
PolarHusk
Wait for the break of the trendline. Thanks for sharing your idea 🐻‍❄️😃
InkyGrip
@PolarHusk, thanks for the feedback
ProjectSyndicate
got a similar outlook let's see what happens. other option is sideways price action.
InkyGrip
@ProjectSyndicate, yep, let's see bro 🦐
Fisher_Fx
great analysis thanks
InkyGrip
@Fisher_Fx, thanks buddy 🔥🚀
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