As I mentioned in the last market review, the probability of sales for most coins and disruptions of ETH remains predominant. Against this background, the oversold ATM CITY ACM JUV fantokens are extremely interesting for speculators. The quarter opened above the supports, which gives a strong bullish signal. Quite large purchases are immediately observed against this background. When selling on ETH, there is an opportunity to shadow on CHZ to a retest of 0.041-425, which so far prevents x on fantokens. This can create new favorable prices for scalping. In particular, for ATM, there is a possibility of a pullback to a retest of the 1.25-35 range, which is the main support in this monthly candle. Next, you can have a new stable bullish reversal of the monthly candle from the middle of the month and consolidate the formed trend line. In the absence of a drawdown on ETH and CHZ, continued growth is possible from the middle of the week. CITY JUV and ACM did not give significant impulses to retest the resistances, which is why the probability of growth from current levels is slightly higher for them.
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I would like to note that ATM has very steadfastly endured the expected pullback in CHZ to 0.41 and since yesterday there has been a resumption of purchases. The bulls are clearly set to continue the trend. If the purchase dynamics are maintained, ATM can turn the current weekly candle into a bullish one over the weekend with a stable continuation of growth next week.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.
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.