ATOMUSDT is inside a descending channel and the price is testing monthly support.
IF the price will break the descending channel before losing the monthly 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...
After a very short-lived dive under 1.5450 support, EurCad has recovered quickly and reached 1.56 resistance.
In the last 4 trading days the pair traded in 100 pips range between 1.55 and 1.56 and I believe this range will be broken to the upside.
Buy dips is my strategy for this pair with a soft target at 1.5650 and a medium-term target at 1.57 resistance
From my analysis is that EU will probably make an double top to the down side around 1.8250 or 1.18000 QP. However EU on the daily did made a bearish engulfing. However it could reject from either those QP. I will keep yall updated !