TradingView
InkyGrip
Nov 19, 2020 7:56 AM

KAVABTC is creating a bearish pennant 🦐 Short

Kava / BitcoinBinance

Description

KAVABTC is creating a bearish pennant after the price bounced on the 0.5 Fibonacci level.
IF the price will have a breakout from weekly support and flip into weekly resistance According to Plancton's strategy (check our Academy), 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.
More