LUNAUSDT ready for the breakout! The price created a bullish pennant. IF the price will have a breakout and flip the current 4h resistance into 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.
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Waiting for the breakout
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False breakout and got liquidity
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As expected
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Nice breakout and now the price is retesting the previous resistance as new support.
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Perfect bounce as expected on 0.618 Fibonacci level