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Cosmos (ATOM) - June 12

BINANCE:ATOMUSD   Cosmos
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(ATOMUSD 1W Chart)
If it finds support in the 8.9843770-10.6181781 zone and moves up, I expect the uptrend to continue.

(1D chart)
We need to see if we can move up along the uptrend line.

If it goes down, you should check to see if it finds support at the 7.4709843-9.4214661 zone.

It needs to rise above the 13.8521963 point and find support to turn into an uptrend.

If the CCI line falls below -100 in the CCI-RC indicator, volatility may occur, so careful trading is required.

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(ATOMBTC 1W chart)
We'll have to wait and see if we can cross the 0.0003152-0.0005440 section.

We need to see if we can find support at the 0.0003152-0.0003561 zone and move forward along the uptrend line.

If it rises above the 0.0005440 point, we expect a move to create a new wave.

(1D chart)
We'll have to wait and see if we can quickly climb above the 0.0003276 point.

It needs to rise above the 0.0003882 point to find support to turn into an uptrend.

If it goes down, you should check to see if it finds support at the 0.0002368-0.0002671 level.

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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high probability that you will not be able to get a big profit due to psychological burden.

The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.

Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

Explanation of abbreviations shown in charts
R: A point or section of resistance that requires a response to preserve profits.
S-L : Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
Disclaimer

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