ETHUSDT is inside an ascending channel and the price is testing 0.5 Fibonacci level, weekly retracement. We expect a little retracement on monthly resistance and new bullish impulse, According to Plancton's strategy, we can set a nice 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.
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The price is following my arrow. Now the price must hold monthly support