XTZUSDT is inside a huge descending daily channel and it creates double bottom on 4h. () Now the price is testing 0.382 Fibonacci level and previous support weekly that becomes resistance. IF the price will break weekly resistance and daily channel we can search a long position on the retest but IF the price creates a new low, According to Plancton's strategy, we can set a nice short ––––– 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 Plancton0618 strategy will trigger.