Hi everyone
ATOM now is moving in a huge descending channel everything on the chart
still bearish but in shorter timeframe we may have upward pressure for awhile
MACD histogram on daily chart shows bullish divergence but price still below 8h ICHI cloud
so as mentioned price may move to the top line of the channel before the last declining to
our most potential bottom. let's see
on the right side chart below phoenix ascending set on 3H 6H 12H 24H (from top).
3H and 6H chart show bullish but 12H and 24H still neutral
Enjoy the market
ATOM now is moving in a huge descending channel everything on the chart
still bearish but in shorter timeframe we may have upward pressure for awhile
MACD histogram on daily chart shows bullish divergence but price still below 8h ICHI cloud
so as mentioned price may move to the top line of the channel before the last declining to
our most potential bottom. let's see
on the right side chart below phoenix ascending set on 3H 6H 12H 24H (from top).
3H and 6H chart show bullish but 12H and 24H still neutral
Enjoy the market
Trade active
more upward pressure expectedTrade closed: target reached
All 3 target reached. now if the 43$ resistant level breaks price can go to 55$. lets see
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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.
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.