DOTUSDT is creating a flag on 4h timeframe and the price is testing the upper trendline and weekly resistance. IF the price will have a breakout and retest the weekly resistance as 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.
🔴 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.
Note
10% after the breakout
Note
14% as expected
Note
17% as expected
Note
nice profits (17%) so far, waiting for the next bearish impulse
Note
20% after a retest of 0.618 Fibonacci level as expected.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.