BINANCE:ATOMUSDT.P   Cosmos / TetherUS PERPETUAL CONTRACT
SHORT #ATOMUSDT from $10.642

2h TF. The coin formed a bearish triangle formation with the highs being squeezed along the trend line to the support level, showing the strength of sellers. Since the level has been tested several times, I expect to see unrealized liquidity behind it, which will allow the downward trend to continue for a short time.

I am waiting for the formation of consolidation near the level and an impulse movement on the activity.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.