#ATOMUSDT
ATOM completed the AB=CD pattern as I shared before.
now price needs a correction, so I think #ATOM is trading inside a diamond pattern which is a reversal and as you can see included 2 parallel channels.
price broke out from middle line of descending channel, but it seems that the middle line of ascending channel have strong resistance. although price may have go up to touch the upper line of descending channel that is the same as middle line of ascending one,, then a slow and boring down trend to lower line of descending channel, to touch the 0.5 or 0.618 fib level of last swing high.
ATOM completed the AB=CD pattern as I shared before.now price needs a correction, so I think #ATOM is trading inside a diamond pattern which is a reversal and as you can see included 2 parallel channels.
price broke out from middle line of descending channel, but it seems that the middle line of ascending channel have strong resistance. although price may have go up to touch the upper line of descending channel that is the same as middle line of ascending one,, then a slow and boring down trend to lower line of descending channel, to touch the 0.5 or 0.618 fib level of last swing high.
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.