ATOM USDT
Updated
If you look globally, the trend is still upward. But on the daytime TF. We formed a bear diver and the trading volume fell quite badly, which is not good.
At the moment We are approaching the previous trade and the trend. From the level of $ 6.45 you can take a long with a stop under the barn, $ 6277. The goal will be $ 7 - $ 7.25
But if there is no rebound on volumes from this level, then We will go to $ 6. From this level, it will be possible to take a long rebound, but it will be very short, because We will break the level of $ 6.3 and form a PP in short. And that will be a long will be from $ 6 to $ 6.3, it is only 5%.
After We form the PP in shorts, stop will be around $ 4.6-4.8 here and watch global long.
The chart below shows possible scenarios:
At the moment We are approaching the previous trade and the trend. From the level of $ 6.45 you can take a long with a stop under the barn, $ 6277. The goal will be $ 7 - $ 7.25
But if there is no rebound on volumes from this level, then We will go to $ 6. From this level, it will be possible to take a long rebound, but it will be very short, because We will break the level of $ 6.3 and form a PP in short. And that will be a long will be from $ 6 to $ 6.3, it is only 5%.
After We form the PP in shorts, stop will be around $ 4.6-4.8 here and watch global long.
The chart below shows possible scenarios:
Trade closed: stop reached
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.