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InkyGrip
Dec 2, 2020 7:30 AM

SXPUSDT is creating a head and shoulder 🦐 Short

SXP / TetherUSBinance

Description

SXPUSDT is creating a head and shoulder on a daily timeframe. IF the price will break the neckline and retests as 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

we are waiting for the next bearish impulse

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As expected

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As expected

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Everything as expected

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as expected
Comments
mithrilsoldier
I think inversed head and shoulders.
InkyGrip
@iphonelabamersfoort, Can you paste your analysis ?
mithrilsoldier
I can send it
mithrilsoldier
1 moment
mithrilsoldier
@plancton0618 check prive message
InkyGrip
@iphonelabamersfoort, Nice idea, If you want you can paste here
Yikki77
thats not even a proper H & S
InkyGrip
@Yikki77, it's not a reversal the main trend is bearish. But the strength of the trend is weak.
Brain_haddin
Good work..
InkyGrip
@Brain_haddin, thanks mate 🦐🔥
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