ATOM has had an enormous recovery surge currently 36% to take price to higher high.
This impulsiveness is a big clue that this coin is ready to have a solid rally good for swing trade as BTC recovers.
However bearish divergence suggests there may be a correction coming first.
ATOM is responsive to the 4H50ma and 4H200ma. If price tags the 50ma area, that will be a suitable entry I think.
...
Please note - I am bearish on BTC mid term. This trade is a swing only to capture high volatility in trending end phase. It is risky. A BTC capitulation will destroy this trade. However I think it will be a successful as BTC drifts sideways and up in recovery.
Not advice
This impulsiveness is a big clue that this coin is ready to have a solid rally good for swing trade as BTC recovers.
However bearish divergence suggests there may be a correction coming first.
ATOM is responsive to the 4H50ma and 4H200ma. If price tags the 50ma area, that will be a suitable entry I think.
...
Please note - I am bearish on BTC mid term. This trade is a swing only to capture high volatility in trending end phase. It is risky. A BTC capitulation will destroy this trade. However I think it will be a successful as BTC drifts sideways and up in recovery.
Not advice
Not
ATOM taking off here, this could go far I think if BTC drifts up.Not
Lift off 🚀Not
Looks like another breakout coming up.Not
Probable there is no more upside from here.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.