Technical analysis of indicators reveals ATOMUSDT is in the downtrend. According to EMA and SMA (5, 10, 20, 30, 50, 100 and 200) the position is in a decrease phase. We can see there is an upcomming reverse according to Stochastic RSI Fast (3, 3, 14, 14), Williams Percent Range (14) and Momentum (10) indicators.
Our brand new automatic Engulfing intraday strategy detected a reversal of the downtrend. The last candle obsorbed drawdown and demonstrated an increasing bullish activity.
The buy level was 5.124 and we expect a 1.8% increase from this point which is 5.216 level. The alert was automaticaly execured by SkyRock Signals trading bot
Our brand new automatic Engulfing intraday strategy detected a reversal of the downtrend. The last candle obsorbed drawdown and demonstrated an increasing bullish activity.
The buy level was 5.124 and we expect a 1.8% increase from this point which is 5.216 level. The alert was automaticaly execured by SkyRock Signals trading bot
Trade closed: target reached:
The price action has accurately reached our target +1.8% and position was closed. Afterwards the asset price went down dramatically
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