The price is testing the supply zone on 0.5 Fibonacci level. 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.
🟡 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.
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Waiting for the Supply breakout
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the price is ready to test the supply resistance
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Breakout as expected
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The price is testing 0.618 Fibonacci level. If the price will have a breakout from that level, we can see a new ATH
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The price is testing the important support
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We love 0.618. Golden Ratio. Be careful, if the price lose that support, we can see 40k again 👀
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