THETABTC is creating a descending channel
The price retraced more than 80% since his double top .
On the daily timeframe , the market created a double top and now is creating a descending channel .
We are monitoring the price for a breakout of 0.0000880.
How to approach?
IF the price is going to have a breakout from the descending channel with Volume , According to Plancton’s strategy, we can set a nice order
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Keep in mind.
- 🟣 Purple structure -> Monthly structure.
- 🔴 Red structure -> Weekly structure.
- 🔵 Blue structure -> Daily structure.
- 🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐

