Last low for ATOM?
Long time no see, right?
I am here again with analysis for ATOMUSDT. Seems that it reached the end of the downtrend as double bottom shows up based on H4. Also, when checking H1, I noticed that there's an aggressive green candle showed up [engulfing] after touching the zone I created which we can call termination show. For testing, if my analysis is correct - I placed order using the paper trading betting that the price will go up.
Also, if this is correct - we should expect that the candles will go up and break the neckline of the double bottom that we encounter that concludes that the market will go now in an uptrend.
Note: This is not a signal - this is just an application based on the analysis that I learned and testing it out. Thanks to #thetradingchannel. Share your ideas and suggestion by commenting down below to help me improve my trading analysis. Thank you!
I am here again with analysis for ATOMUSDT. Seems that it reached the end of the downtrend as double bottom shows up based on H4. Also, when checking H1, I noticed that there's an aggressive green candle showed up [engulfing] after touching the zone I created which we can call termination show. For testing, if my analysis is correct - I placed order using the paper trading betting that the price will go up.
Also, if this is correct - we should expect that the candles will go up and break the neckline of the double bottom that we encounter that concludes that the market will go now in an uptrend.
Note: This is not a signal - this is just an application based on the analysis that I learned and testing it out. Thanks to #thetradingchannel. Share your ideas and suggestion by commenting down below to help me improve my trading analysis. Thank you!
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