BCHUSDT is testing an important support 🦐

BCHUSDT is testing an important weekly support and the price is inside a descedning channel on 1d timeframe.
We need to understand if the price gains bullish momentum and the price will break channel for long position, Or If the price will break the weekly support we can search a short position.
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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 Plancton0618 strategy will trigger.

הערה:

Waiting for a breakout