The price is creating a descending channel. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), 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. ...
the price is testing weekly support and it's trying to have a breakout upward. IF the price will have a breakout from daily resistance and flip into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. ...
Linkusdt is testing the daily resistance after Grayscale's news. IF the price will have a breakout and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
The price is testing the dynamic daily trendline. IF the price will have a breakout, According to Plancton's strategy (check our Academy), 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. ...
COMP is at the bottom of the pitchfork support and is going to have to choose a direction soon. A breakout up would be rather bullish, and if (after some consolidation) it could break above the top of pitchfork I will double down on my position, as the pitchfork will act as a VERY strong support. However, a break down would be short term bearish and I would expect...
HBAR broke out of the white triangle recently, and I'm looking for a retest of the support to add to my position. My short term target is $0.39. However, it is important to note that Hedra Hashgraph did fail its parabolic curve so after this move its momentum may slow down for a while. Remember that this crypto bull cycle is just beginning, so it's not too late to...
The price moved against us since my last publication ( see link below for reference purposes) as CA$1.26000 level was unable to hold on the back of crude oil volatility. The Bearish run that has lasted exactly a year appears to be building a reversal pattern with my Key level @ CA$1.24900 representing a Neckline. With the present simple structure, it appears that...
I entered my second position on BTC just below $45,000. I am holding with a bullish bias. I have been asked to share some analysis recently and an update on my thoughts as to what the price is doing following some resistance at $60,000 and support at $48,000. I have carried out some extensive testing on this instrument against other currencies and I have also...
After our previous idea, The price is testing 4h resistance. IF the price will have a breakout upward and flip the current resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
ADA has been retesting the critical $1.185 level for a while and as the triangle (signified by the while line) narrows, we can see that this downtrend will either sharply reverse or break down to the 0.618 fib. A breakout upwards would mean that buyers are back in control, and a sharp break could even bring us back up to the 0.236 fib, or the top of the supply...
ETH has been traveling in a massive triangle for about a month, and all this consolidation indicates that a big move is coming. From the fib we can see that ETH is traveling in a small wedge with the 0.236 fib acting as support. With the head and shoulders formed, I would say there is a bearish bias here, and that we could see some movement down to the 0.382 fib...
By taking the mouth of the purple triangle we saw in late February and moving it up to the breakout point, we can find that .073 was a resistance level for VET. if we move the line up again, we find that $0.105 should pose to be a strong resistance level. However, VET is currently below the pitchfork resistance zone, and breaking it may prove difficult. Either way...
From this pitchfork we can see the support levels for COMPUSD. By drawing a sloping resistance along the peaks we can create a triangle, and can see that this consolidation will choose a direction soon. I plan to take this trade in the respective direction of the break.
OCEANUSDT is testing 4h resistance inside a descending channel. IF the price will have a breakout According to Plancton's strategy (check our Academy), 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...
The price had a nice breakout from descending trendline and 4h resistance. IF the price will retest the previous 4h resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure...
WINGBTC tested the daily resistance, and now the price is creating a descending channel below daily resistance. IF the price will have a breakout According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
XLM is breaking out of a massive symmetrical triangle, and by taking a portion of the mouth of the wedge and moving it to the breakout point gives us a short term price target of $0.561 for Stellar. I took a short bull run portion because the entire mouth is an unrealistic short term target.
XRP has been consolidating in a channel for a few hours now and this big green hourly candle is a sign that it's about to blow. Fundamentals add up this, as it looks like exchanges may be able to start re-listing XRP.