ATOM/USDT
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Quick ATOM analysis.
1day Time Frame
Firstly we note the MACD as we see a potential cross within the next few days. Rsi fell to 67.34, and we will keep paying attention to see if it climbs above 70%, which is considered bullish. BB%B suggests the width of the bands. As you can see, the BB may have widened too much. After the BB expands, we can see a scenario where price action takes us near the Middle Band (near $17 or below). We should cautiously approach shorting as we are on an uptrend, and this consolidation phase seems bullish.
Best Wishes,
HONEYITSGONE!
1day Time Frame
Firstly we note the MACD as we see a potential cross within the next few days. Rsi fell to 67.34, and we will keep paying attention to see if it climbs above 70%, which is considered bullish. BB%B suggests the width of the bands. As you can see, the BB may have widened too much. After the BB expands, we can see a scenario where price action takes us near the Middle Band (near $17 or below). We should cautiously approach shorting as we are on an uptrend, and this consolidation phase seems bullish.
Best Wishes,
HONEYITSGONE!
Ghi chú
That leverage hit hard though. Only up.... PNL'sGhi chú
Cut 50% of position for profit @ $18.30 . Deleveraged , now working with a @ 5x perp contract. S/L for profit @ $18.75. Trying to take this position near range lows. Valhalla again or stop for profit seems like a good play.Ghi chú
Beware of relief pump may happen on the H1Ghi chú
Stopped for profit Idea still valid. Consider closing position or taking profit.Đóng lệnh: đạt mục tiêu
We tapped near the middle band and positions should have been closed for a nice profit. Idea still valid for further downside. However the target has reached.Ghi chú
BTW flag could have been adjusted.
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