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Cosmos (ATOM) - September 2

BINANCE:ATOMUSDT   Cosmos / TetherUS
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It remains to be seen whether it can rise above the 7.249 point or break off the downtrend line.

We also need to see if we can get support and climb at 7.018.

If it falls from the uptrend line (1), it is a short-term Stop Loss.

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The volatility period I mentioned yesterday seems to have changed due to the gap in USDT dominance.

Volatility was expected around September 4 (September 3-5) as seen in the XBTUSD chart, but this also appears to have changed.
However, I think it is necessary to carefully check the BTC price flow.

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
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 segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)

[Example of exchange chart setup]

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www.tradingview.com/x/S94aDxa8

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www.tradingview.com/x/DF6cGh3G/
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