readCrypto

Below 7.57: Enter the bottom section

BINANCE:ATOMUSDT   Cosmos / TetherUS
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(ATOMUSDT chart)

(1M charts)
It appears to have entered the bottom section, falling below 7.57.

Accordingly, caution is required when trading.


(1W chart)

If the price cannot be maintained by rising in the 6.943-8.06 range or higher, it is expected to fall to around 4.023-5.443.


(1D chart)
What is important is whether it can quickly rise above 6.646.

If not, it is highly likely that it will lead to a further decline, so we need to seek a countermeasure.

Looking at the Histogram indicator in the TS indicator, it shows that the intensity of the rise is high.

Accordingly, I think there is still potential for an increase if it does not lead to further declines.

Therefore, the key is whether the price can be maintained by rising to the current box range of 6.373-7.370.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

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[Example of exchange chart setup]

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

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