plancton0618
Short

XMRUSDT is testing the ascending scallop 🦐

BINANCE:XMRUSDT   Monero / TetherUS
XMRUSDT is testing the ascending scallop.
If the price will break the parabola and break the daily support According to Plancton's strategy, 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: The price is losing important support.
Everything as expected
Comment: The price is testing previous daily support as resistance and creates another support on 4h.
We need to wait to see a new breakout on 4h support to open short position
Comment: The price is testing 0.5 Fibonacci 4h retracement
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Comments

Good work this coin must go down before we see any additional growth
+1 Reply
plancton0618 rahulbhagran
@rahulbhagran, thanks for sharing your view
Reply
Awesome work
+1 Reply
plancton0618 Sadovoy_Trade
@Sadovoy_Trade, appreciate it
Reply
Very good short setup. Thanks for sharing your idea 🐻‍❄️😃
+1 Reply
plancton0618 PolarHusk
@PolarHusk, thanks buddy 🔥🚀
Reply
Don't you think that the price will continue to move up?)
+1 Reply
@Solldy, If the price will break the daily support and close below it, we can see a correction in my opinion.
Reply
Seems great work
+1 Reply
plancton0618 CandaceWilliams
@CandaceWilliams, thanks for your comment and vision 🦐
+1 Reply
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