ADABTC Is inside a descending channel 🦐

ADABTC Is inside a descending channel, and the price created an inverse Adam and Eve on daily chart:

On the weekly chart, the price bounced on 0.618 Fibonacci Level

On the 4h chart, the price is inside a descending channel

The price must have a breakout towards up to continue the bullish momentum, IF the price will lose the weekly support, we can see a deep correction.
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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.

ความคิดเห็น:

Descending Channel on 4h