BTCUSDT is waiting for the next move 🦐

BTCUSDT is waiting for the next move after the price had a breakout from a rising pennant inside a descending Channel . IF the price will lose the support, according to Plancton's rules we can look for a short order, otherwise, if the price will have a nice breakout upwards, According to Plancton's strategy (check our Academy), we can set a nice order

Weekly

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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.

Kommentar:

The price is testing the upper trendline as expected