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InkyGrip
May 17, 2021 10:25 AM

LTCUSDT is testing the previous weekly support 🦐 Long

Litecoin / TetherUSBinance

Description

LTCUSDT is testing the previous weekly support after a rejection from higher trendline (ascending channel) IF the price will have a breakout from daily resistance, 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

Waiting for the breakout

Comment

Still waiting
Comments
financialflagship
Great analysis, thanks for sharing 😊
InkyGrip
@financialflagship, you are welcome 🦐🦐
reza93
what if btc keeps falling ?
GVZadelhoff
@reza93, my guess is that LTC will follow its descending channel until BTC correction is over
InkyGrip
@GVZadelhoff, thanks for sharing 🦐
InkyGrip
@reza93, we ll wait confirmations from the market 🦐
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