InkyGrip

LTCBTC is inside a falling wedge 🦐

Long
InkyGrip Updated   
BINANCE:LTCBTC   Litecoin / Bitcoin
LTCBTC is inside a falling wedge and the price is trying to have a breakout upwards.
IF the price will break the falling wedge and flips the weekly resistance into weekly support, According to Plancton's strategy, we can set a nice order
–––––
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.
Comment:
The price is testing weekly resistance as expected
Comment:
everything as expected
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.