BTCUSDT is creating a descending channel inside the daily ascending channel. We need to monitor the 0.5 Fibonacci level on the W's neckline.
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...
BTCUSDT is testing the 0.618 Fibonacci level inside an rising wedge. We are watching for the next opportunity.
–––––
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.
BTCUSDT is creating a rising wedge below the weekly 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 -> 4h structure.
⚫️ Black...
BTCUSDT is creating a rising wedge. IF the price will have a breakout we could see a retracement until the 0.618 Fibonacci level. 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...
BTCUSDT is inside a descending channel. We are going to wait for a retracement until the 0.5 Fibonacci level. 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...
BTCUSDT is creating an ascending channel, if the price will have a breakout to the upside we can look for a long position, otherwise we can expect a retracement until the 0.5 Fibonacci retracement
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡...
BTCUSDT is inside a rising wedge, be careful with a new long position, the market could retrace until the 0.382 Fibonacci level on the previous resistance, now 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 ->...
BTCUSDT is testing the previous lower trendline after the price bounced on the weekly support. If you have questions use the comments below
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure ->...
Hi all,
As BTCUSD continues to consolidate inside a triangle pattern on the smaller timeframes, I wanted to point out the possibility of a Head and Shoulders pattern developing on the 12-hour timeframe along with some other indicators pointing towards a trend reversal.
1. Price Action: Currently, BTCUSD is printing a doji candle indicating price is around an...
In this Video tutorial i present you a step by step technical analyse of BTCUSDT using trend line, support and resistant and Fibonacci retracement.
BTC just broke a trend line and i think we will see a little retracement, then it will go down to 5700$ area.
What do you think?
please follow me to watch more video tutorials.
BTCUSD may continue out sideways WHILE LTCUSD begins going down. Which would require LTCBTC to also go down. I would seriously consider dollar cost averaging by beginning to sell a percentage of your trading stash of LTC while continuing to hold onto your trading stash of BTC a little longer. LTCUSD will likely go down before BTCUSD by several days. Which...
