ZILUSDT is trying to have a breakout 🦐

BINANCE:ZILUSDT   Zilliqa / TetherUS
ZILUSDT is trying to have a breakout from dynamic weekly resistance and static weekly resistance.
As you can see the price got a rejection from 0.618 Fibonacci retracement on a weekly timeframe , and that level becomes very strong.
IF The price will break the weekly structure and turn into 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: Breakout and retest as expected
Trade closed: target reached:
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+1 Reply
plancton0618 P_S_trade
@P_S_trade, appreciate it
Great chart. Appreciate your effort.
+1 Reply
plancton0618 Christuanjonkar
@Christuanjonkar, many thanks mate
It may go to a short term downtrend, but then it will rise, according to your scenario
+1 Reply
@Saeed966, great, appreciate your view
interesting technical setup, definitely looks promising so far.
can transform into a super bullish pattern. nice work!
+1 Reply
plancton0618 ProjectSyndicate
@ProjectSyndicate, happy to help
Good job
+1 Reply
plancton0618 Mahtab_sh
@Mahtab_sh, glad you like it
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