ATOM TA 29/03: double bottom is around the corner

29 Mar 2023

After downtrend movement (Impulse-Pullback-Impulse) we entered green support zone (proven to be in the past) and bounced back. Now we can expect scenario in white. Entry possible on breaking and closing above neckline 13.4884 or after returning to this level (more conservative approach.

If closes below 10.3046, idea is cancelled and I will look for short trades according to break-retest strategy

30 Mar 2023

Not

MACD divergence on 4H is in favor of white scenario as well

1 Nis 2023

Not

Still waiting, lines are not accurate timewise