LRCUSDT is creating a falling wedge 🦐

LRCUSDT is creating a falling wedge and now the price is testing the previous resistance as new support.
A long scenario is valid only if the price will have a breakout from the wedge and from the weekly resistance, otherwise, if the price will lose the 4h support, we could see a retest of the weekly support. According to Plancton's strategy (check our Academy), 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.

Comment:

The price is testing the 4h resistance. Wait for the breakout and if the price will turn the current resistance into new support, we can look for a long position according to our rules

Comment:

Perfect breakout from the falling wedge and now the price is testing the weekly resistance 👀

Comment:

The hope is not a strategy

Comment:

Wait for the breakout from the descending channel 👀

Comment:

10% after the real breakout