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InkyGrip
Mar 18, 2022 7:53 AM

ATOMUSDT is testing the 0.786 Long

Cosmos / TetherUSBinance

Description

The price is testing the weekly dynamic support after a triple top on the weekly resistance on 45$.

the price tested the 0.786 Fibonacci levels on the daily timeframe.
How to approach?
The price needs to have another breakout from the main keys level the daily and monthly resistance (33$).
IF the price is going to have a breakout and flip the resistance into new support, According to Plancton's strategy, we can set a nice order
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Keep in mind.
  • 🟣 Purple structure -> Monthly structure.
  • 🔴 Red structure -> Weekly structure.
  • 🔵 Blue structure -> Daily structure.
  • 🟡 Yellow structure -> 4h structure.

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Follow the Shrimp 🦐

Comment

The price needs to flip the monthly resistance to turning into the bullish scenario.
Comments
DeGRAM
solid overview and great charting today
InkyGrip
@DeGRAM, happy to hear that we try to keep it as simple as we can
AtlasTrades
Nice chart mate, I think ATOM/USD will go up 🔥
InkyGrip
@AtlasTrades, yes market seems to be moving upwards right now
UnknownUnicorn15614419
Good idea!
InkyGrip
@TradingStat, cheers buddy 🦐
Solldy
impressive Technical Analysis
InkyGrip
@Solldy, thanks for your continuous support
TheTradersAvenue
Thanks for sharing🔥
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