VIBEBTC Seems to want to bounce out from the descending channel and falling wedge. The price is testing monthly support. IF the price will break the channel and retest the current daily resistance as a support, According to Plancton's strategy, we can set a nice 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.
Comment
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falling wedge on monthly support. Waiting for a bullish impulse