ETHUSD in a weekly channel 🦐
ETHUSD after the sharp move hit the top of the weekly channel.
Market retraced back till the 0.618 fib level and get back above the mid trend line of the channel.
IF the market will break above the weekly structure as in the drawing we can check for a nice long order.
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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.
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 Plancton0618 strategy will trigger.
Market retraced back till the 0.618 fib level and get back above the mid trend line of the channel.
IF the market will break above the weekly structure as in the drawing we can check for a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow 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 Plancton0618 strategy will trigger.
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