Long
Updated

MATICBTC had a rejection from Weekly resistance 🦐

480
$MATIC.X had a nice bullish impulse due Nice news. The price had a rejection from weekly resistance and now the price is testing 0.618 Fibonacci level.
IF the price will have a breakout from weekly resistance, and flip it into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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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.
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Waiting for the breakout
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The price is testing the previous support.
Waiting for the breakout
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The price is testing the previous 4h support
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Still testing the support
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nice breakout
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Nice profit here, and now the price is testing weekly support
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105% since my idea
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Trade closed: target reached

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