ATOM/USDT by CryptoTradersWW
Price has been moving in a downward channel since achieving an all-time high, with the upper, lower, and midway bounds being respected.
Price bounced off the lower barrier at the same time as the 0.618 Fibonacci level, resulting in a test of the higher limit.
As price approaches the upper border, a trade setup possibility emerges. A great long opportunity will be created if the price can break past the weekly and upper boundaries.
If the top limit is rejected, a solid short trade back to the range's middle will be available. Over the next few days, keep an eye on this one.
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Follow us on our socials for more!
Thanks and happy trading :)
Price bounced off the lower barrier at the same time as the 0.618 Fibonacci level, resulting in a test of the higher limit.
As price approaches the upper border, a trade setup possibility emerges. A great long opportunity will be created if the price can break past the weekly and upper boundaries.
If the top limit is rejected, a solid short trade back to the range's middle will be available. Over the next few days, keep an eye on this one.
<———————————————>
Follow us on our socials for more!
Thanks and happy trading :)
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.