Cosmos ATOM/USDT current setup. Price action strategy baby!!!
On the ATOM / USDT chart we can see how the price responds beautifully to Pivot point R1 daily and also Pivot point P weekly.
After breaking the daily trend line, the price rises, but we are close to Fibonacci level 0.382, where the price will certainly respond.
At the moment, I prefer the price drop to the current trend line.
On a lower time frame, we have a nice opportunity to enter. Therefore, it is important to do Multi time frame analysis. In my case D1-H1-M15.
Happy trading.
After breaking the daily trend line, the price rises, but we are close to Fibonacci level 0.382, where the price will certainly respond.
At the moment, I prefer the price drop to the current trend line.
On a lower time frame, we have a nice opportunity to enter. Therefore, it is important to do Multi time frame analysis. In my case D1-H1-M15.
Happy trading.
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.