ATLAS
4HR
Bearish Case**
-you can see the white lines followed by the yellow liquidity zones of potential short term pullbacks
-could pull back to the 21EMA @ .1008, or the golden cross of the 50 and 200EMAs and .618 fib @ .096
and both would be making a higher low on the short term
Bullish Case**
-see my yellow box up there if it does continue to the upside within the pump
-need more info to analyze, but doesnt mean that the short term is more bearish or bullish, i just need more info on a pump
but if the .382 fib is taken out with a closure on 4hr, i would expect a bit more downside in the short term
Bearish Case**
-you can see the white lines followed by the yellow liquidity zones of potential short term pullbacks
-could pull back to the 21EMA @ .1008, or the golden cross of the 50 and 200EMAs and .618 fib @ .096
and both would be making a higher low on the short term
Bullish Case**
-see my yellow box up there if it does continue to the upside within the pump
-need more info to analyze, but doesnt mean that the short term is more bearish or bullish, i just need more info on a pump
but if the .382 fib is taken out with a closure on 4hr, i would expect a bit more downside in the short term
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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.