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Cosmos Hub (ATOM) - April 6

BINANCE:ATOMUSDT   Cosmos / TetherUS
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(ATOMUSDT 1W Chart)
Above 27.51 is the high point section.
Therefore, you should always be on the lookout for volatility.

The 30.41-34.0 interval is the interval that determines the trend.
Therefore, it is expected that the trend will continue in the direction out of the 27.51-35.53 interval.

When passing around 23.21 and 39.80, there is a possibility of a fake, so you need to trade cautiously.



(1D chart)
(buy)
- After confirming the support in the section 30.41-31.45

(Stop Loss)
- When it falls below 27.51

(Sell)
- When resistance is received in the section 34.0-35.53
- When resistance is received in the 38.66-39.80 section


If it rises above the 38.66-39.80 section, it is expected to renew ATH.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

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

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

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.