plancton0618

XRPUSDT Is inside a huge triangle 🦐

Long
BINANCE:XRPUSDT   XRP / TetherUS
XRPUSDT Is inside a huge triangle, and as we know the triangle is a continuation pattern.
IF the price will have a breakout upward from the triangle, According to Plancton's strategy (check our Academy), we can set a nice order

"A triangle pattern is a consolidation pattern that occurs mid-trend and usually signals a continuation of the existing trend. The triangle chart pattern is formed by drawing two converging trendlines as price temporarily moves in a sideways direction. Traders often look for a subsequent breakout, in the direction of the preceding trend, as a signal to enter a trade."

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Follow the Shrimp 🦐

Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • πŸ”΄ Red structure -> Weekly structure.
  • πŸ”΅ 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.


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Comments

my vision, thanks
+2 Reply
plancton0618 DiantaraTrader
@DiantaraTrader, thanks for your comment and vision 🦐
Reply
you said long and now short?
+1 Reply
@tae9141, the price followed my drawing.
Reply
how low can it go?
+1 Reply
are we heading towards massive tank?
+1 Reply
u think this is the beginning of massive tank towards 0.2 level?
+1 Reply
@tae9141, you can see 0.5 Monthly support . thanks buddy πŸ”₯πŸš€
Reply
Thank you so much
+1 Reply
@sneh001, appreciate your feedback mate
Reply
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