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InkyGrip
Nov 28, 2020 10:26 AM

MATICBTC is inside ascending channel 🦐 Long

MATIC Network / BitcoinBinance

Description

MATICBTC is inside ascending channel and the price is testing daily resistance.
IF the price will have a breakout upwards and turn daily resistance into daily 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.
Comments
AbsoluteZeroFX
It might push to 160, definately gonna break out next week
InkyGrip
@AbsoluteZeroFX, appreciate your feedback mate 🦐
adamicius
I'm not selling my LT position which I'm staking, but could it be a bear flag with retest of the lows in weeks ahead?
InkyGrip
@adamicius, YEs at the moment the price broke the ascending channel We need to wait for the daily close.
AbsoluteZeroFX
@plancton0618, so now wgat? Sell? it will drop to 85 ish area again?
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