GBPUSD is inside a rising wedge, and the price is testing the monthly structure. We can expect a breakout downwards, and we can looking for a short position ONLY IF the price will break the rising wedge. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
BALBTC nice breakout from the falling wedge, and now the price is trying to have a breakout from daily resistance. IF the price will have a breakout and flip the previous 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. ...
QTUMUSDT Is trying to have a breakout from the falling wedge and daily resistance. Be careful with ascending weekly trendline. IF the price will have a breakout from the weekly trendline and flips into support, According to Plancton's strategy, we can set a nice order Weekly ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
Hi every one chart is speaking it self!! As you can see, falling wedge is forming, which is not a good thing and could be a sign that the price is falling. RSI also shows Bearish divergence well. If the line above falling wedge is breaks, it is as if falling wedge does not exist and the price continues to grow. Support level : 16200 to 15900 Things can...
PPTBTC is trying to have a breakout From the weekly falling wedge. The price created an inverse head and shoulder on the daily chart and is trying to have a breakout from the neckline. IF the price will have a breakout and flips the neckline into daily support According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. ...
ENJUSDT breakouts from the Falling wedge and now the price is testing daily resistance. IF the price closes above daily resistance, and flips into daily 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...
REPUSDT is creating a falling wedge, and now is testing the upper trendline and daily resistance, after the price bounced on weekly support. IF the price will have a breakout upward, and flip daily resistance into support, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
COCOSUSDT bounced on the weekly structure and now the price is trying to have a breakout from the falling wedge. IF the price will break the daily resistance and flips 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. ...
We are now at the apex of a large wedge forming on FET since June '20. Breakout spot is over 0.62. Wait for high relative volume + confirmation of breakout. Target 1: daily resistance at 0.72 Target 2: 200 ema on daily chart Target 3: $1.00 major resistance
ADAUSDT created a rising wedge, and now the price is testing weekly resistance. IF the price will lose the daily support and turns it into resistance, 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...
Current rally is at a confluence of resistance represented by the intersection of July 2019 high (horizontal resistance) and wedge trend line resistance from the February 2020 high. There may be enough momentum to break above this level but caution is advised given there are always risks of false breaks. Let's see how the markets navigate these levels in the...
BATUSDT bounce on weekly support and now the price is trying to have a breakout from the falling wedge. IF the price will break the current daily resistance and turn it 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. ...
RSRBTC nice breakout from descending wedge, and now the price is testing daily resistance. IF the price will break the resistance and flip it as 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...
MATICUSDT is inside a descending channel and falling wedge. The price is testing again weekly (and very important) structure. IF the price will lose weekly support we can see a new bearish impulse. IF the price will break the falling wedge and turns the daily resistance as support According to Plancton's strategy, we can set a nice order Weekly Monthly ...
OAXBTC Nice breakout from the falling wedge, and now the price is testing daily resistance. IF the price will break the resistance and turns it into new 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 ->...
QKCBTC is inside a huge descending wedge and the price created a double bottom on daily support. IF and only IF the price gains bullish momentum and will break recent daily resistance and the wedge, According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure ->...
CLSK swing trade setting up. First target just below $15. Over $15 room to ~$17.50-18 on daily chart. Wait for break of $12.50 with high relative volume to trigger entry.
11 October seems to be an important date to decide if we go further up... or down....