ATOMUSDT With an RSI Bullish Divergence

Hey all, here’s another entry on my tradingview series called 'Quick Updates'.

We find an RSI Bullish Divergence here on ATOM. This happens when the price makes a lower low, while the RSI makes a higher low. This indicates an unsustainable decrease in price, where the momentum is slowly resetting. This is a bullish signal and that's why I close this idea with the LONG suggestion.

--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.

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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!