Cosmos an interesting and new move has begun !!!This hack is significant for the ATOM
Although the RSI index is oversold so I am more careful
And awaits cooling and touching support,
There's a chance I'll miss the trade,
But a healthy move is worth more!
I imagine it will take effect tomorrow. COINBASE:ATOMBTC
ATOMBTC trade ideas
ATOMBTC is testing the monthly resistance 🦐ATOMBTC is testing the monthly resistance after a very nice weekly breakout.
IF the price is going to have a new breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
ATOM/BTCDon't sleep on ATOM. Many great projects are being developed on the cosmos eco system including Luna/ terra, Akash etc. It works similarly with polkadot but instead it has actual working projects, deserves to be in the blue chip caps imo. Simple trendline to the BTC pair. Waiting patiently to add when the break of the HTF trendline as well as resistance of the range play. Probs got to wait for the RSI to reset for the rally to begin. Rsi resting above 50 would be a great indicator for validation.
ATOM approaching critical resistanceat final boss levels on both USD and BTC pairings. Might have a little more juice in the tank but expecting this to come down soon. That said, it's L1 season which could mean price discovery soon. Probably better to play this cautiously though and wait for a clean break and SR flip of the purple line.
ATOMBTC could retest 0.00035 🦐The price is testing the 4h support after the price lost the daily support. IF the price will have a breakout from it, and flip the current support into new resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.