Cosmos / TetherUSShort
#ATOM / #USDT : Analysis
hello Traders... Welcome...
As shown in the picture and I explained
- If we have a dynamic look at the chart, the trend of the ascending line has been broken and a pullback has also been done
On the other hand, if we want to check the chart in a different way, we will find that the high and low prices are lower, which means that the downward trend may have started.
- Another point is that the price is now in a very important range ( 8.75 - 8.3 ) . A range that has reacted once in the form of support and once in the form of very strong resistance . And I think this support range will be lost !
So I will enter a sell position right here But for a safer entry, you can enter the trade after this support range is lost and the pullback is done
My bearish scenario is canceled when the price goes above 9.2$
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+ If you have an opinion, I will be happy to share it with me in the comments
-------------------------------------
+ If you "follow", you can always get new information quickly. Please also click "Like".
.
Have a nice day...
As shown in the picture and I explained
- If we have a dynamic look at the chart, the trend of the ascending line has been broken and a pullback has also been done
On the other hand, if we want to check the chart in a different way, we will find that the high and low prices are lower, which means that the downward trend may have started.
- Another point is that the price is now in a very important range ( 8.75 - 8.3 ) . A range that has reacted once in the form of support and once in the form of very strong resistance . And I think this support range will be lost !
So I will enter a sell position right here But for a safer entry, you can enter the trade after this support range is lost and the pullback is done
My bearish scenario is canceled when the price goes above 9.2$
-------------------------------------
+ If you have an opinion, I will be happy to share it with me in the comments
-------------------------------------
+ If you "follow", you can always get new information quickly. Please also click "Like".
.
Have a nice day...
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