ANALYSIS 🔎
- This is an analysis on ATOMUSDT based on the possible price actions in the coming days.
- ATOMUSDT recently hit an ATH.
- The market has been consolidating in a symmetrical triangle pattern.
- A relatively big move is imminent.
- We could see more upside or a correction
POSSIBLE PRICE ACTIONS AND CONDITIONS
- Uptrend : breakout above the symmetrical triangle's inclined resistance.
- Downtrend : breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend : ATH (all-time high) resistance, fibonacci extension levels.
- Downtrend : Horizontal support level (S1) , Key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- This is an analysis on ATOMUSDT based on the possible price actions in the coming days.
- ATOMUSDT recently hit an ATH.
- The market has been consolidating in a symmetrical triangle pattern.
- A relatively big move is imminent.
- We could see more upside or a correction
POSSIBLE PRICE ACTIONS AND CONDITIONS
- Uptrend : breakout above the symmetrical triangle's inclined resistance.
- Downtrend : breakdown below the symmetrical triangle's inclined support.
TARGETS 🎯
- Uptrend : ATH (all-time high) resistance, fibonacci extension levels.
- Downtrend : Horizontal support level (S1) , Key fibonacci retracement zone (0.5 - 0.618 - 0.786).
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.