4H trend chart
Refer to last analysis post(link as below)

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We'll set new TP/SL from previous strategy about ATOM here.
From previous analysis, we put a descending wedge on ATOM and predict it was gonna break out the trend line.
It did break out the line and was close to TP1, but further got resistance from another short-term trend line.
Now, there is a new and small wedge, but I' rather seem it as a triangle, because the support level works around $34.28.
If price can take out the short-term downtrend line, trading strategy as below.
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Profit Targets:
a) 44.8----Fib(1)
b) 52.29~55.32-----Fib(1.272~1.382)
c) 72.35-----Fib(2)
Stop losses:
a) 31.58-----Red horizontal ray
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→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
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→Join Teaching Group for free!(PM me)
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.