CHRUSDT is testing Daily resistance after the price bounced on the weekly support. 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. ...
In short, the price has broken the daily trendline and after hitting support in the daily, it just came in contact with a significant resistance to overcome which in the best-case scenario, it wasn't able to break, good chance it will travel down after grabbing the liquidity it needs to respect the rising wedge. Never risk more than 0.5% risk on this, and...
I think the market overreacted a little to the news of PTON recalling treadmills and believe that PTON will rise up to the neckline of the Head and Shoulders pattern (refer to my last two posts) before crashing down. The stock is oversold on the 1H chart, along with the 1D chart and will be rising back into the BB channel in a few hours, most likely. I believe...
the price is ranging below the daily resistance. IF the price will have a breakout upward, and retest 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 structure...
The price is testing the daily resistance. 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 structure -> Daily...
W1 - Price is bouncing lower from a key resistance zone formed by the 161.8% Fibonacci expansion level of the first wave and the 100% Fibonacci expansion level of the second wave. Bearish divergence. H4 - Bearish trend pattern. No signs of trend change. Until the invalidation level holds I expect pullbacks and then further continuation lower.
EURUSD sell below 1.1990 with targets at 1.1950-1.1930
4th retest should be the final one - currently seems to be failing, due to the reverse hammer currently shaping.
Short position USDCAD below 1.2745, targets at 1.2660 to 1.2620 with extended target at 1.2585
After previous idea with nice gain, $ZRX.X is testing weekly resistance. 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. 🟡...
$YFI.X is trying to have a breakout after bounced on daily support, If the price will have a breakout and turn the 4h 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...
Sell below resistance at 0.8895, target 0.8820 to 0.8800
if price closed below resistance and reject we can take this trade
I think the chart is quite self-explanatory
ONEUSDT is trying to have a breakout from daily resistance. IF the price will have a breakout and turn the current daily resistance into new daily 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. 🔵...
MATICUSDT lost weekly support and daily as well. IF the price retest the daily as new resistance, 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 ->...
VIDTBTC is testing daily resistance. If the price will have a breakout upwards, 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 structure -> Daily...