ONTUSDT is testing the previous dynamic trendline after the price tested 0.382 Fibonacci level. IF the price will have a breakout on 0.6 we can look for a long position, otherwise, if the price will lose the current support, According to Plancton's strategy (check our Academy), we can set a nice short 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.