XRPBTC is testing monthly structure 🦐

XRPBTC is testing monthly structure, after a huge bullish impulse.
IF the price will close the weekly above monthly structure, we can search for a long position.
IF the price will lose the monthly support, we can see a retracement on 0.618 Fibonacci level.

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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.

Komen:

everything as expected. the price is testing 0.618 Fibonacci level

Komen:

everything as expected

Komen:

Waiting for a breakout

Komen:

Waiting for breakout

Komen:

still waiting