Cosmos - summer prospectionWe are currently facing a very important Fibonacci level as far as the historical price action is concerned.
In daily view we are above 0.786 before a notable momentum that already seems to be moving the price's value.
We have reflected the possible levels to take into account to operate.
In what direction do you think it will go?
Thanks!
Atomusdidea
ATOMUSDT - Symmetrical PatternsSymmetrical triangles, on the other hand, are thought of as continuation patterns developed in markets that are, for the most part, aimless in direction. The market seems listless in its direction. The supply and demand , therefore, seem to be one and the same.
During this period of indecision, the highs and the lows seem to come together at the point of the triangle with virtually no significant volume . Investors just don't know what position to take.
However, when the investors do figure out which way to take the issue, it heads north or south with big volume in comparison to that of the indecisive days and/or weeks leading up to the breakout. The breakout generally occurs in the direction of the existing trend. But, if you are looking for an entry point following a symmetrical triangle, jump into the fray at the breakout point.
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ATOMUSDT(4H CHART) ATOMUSDT (4H CHART) Technical Analysis Update
resistance breakout
ATOM/USDT currently trading at $21.55
Buy-level: Above 20.5 to $21.5
Stop loss: below $17.5
Target 1: $24.40
Target 2: $26.30
Target 3: $30.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ATOMUSD eying 10.00 as possible swingATOMUSD
Since start of this launch it was jumped to the 7.6 level and after that its even fell below the launching price and even reached the historical low level which is 1.081
2.5 and 4.5 levels are acted as important support level for the bullish trend.
And yesterday it has reached around 7.000 level which is a key psychological level and faces some minor reversal and i am expecting ATOMUSD will fall back towards the
.618 Fibonacci retracement level.
And on the upper side it will face some rejection around .786 Fibonacci retracement level.
And it is currently trading within a channel and breaking of the minor channel will pave the way towards 10.000 swing target level.
To the downside the 5.000 level will act as strong support for the bull