ALGOBTC is inside a huge descending channel 🦐

ALGOBTC is inside a huge descending channel and the price is trying to have a breakout from daily resistance. IF the price will have a breakout and retest the previous resistance as new support, According to Plancton's strategy (check our Academy), we can set a nice order

Daily

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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.
  

Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.

Comentário:

the price is forming head and shoulder. We are waiting for a bullish impulse in order to confirm plancton's strategy

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