#ATOMUSD - A 20% Short or Resistance Too Strong?
Updated
theCrypster -
This ranging wedge formation has a clear level of support/resistance running through the middle of it; we've just received a Sell signal from CTv2 after a rejection on the upper edge.
Are we going to see a huge 20% Short coming off here all the way to the lower support edges, or will this SR band prove to be too strong?
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This ranging wedge formation has a clear level of support/resistance running through the middle of it; we've just received a Sell signal from CTv2 after a rejection on the upper edge.
Are we going to see a huge 20% Short coming off here all the way to the lower support edges, or will this SR band prove to be too strong?
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Note
We travelled back up to the trend line for a quick rejection - are we now descending??What do you think?
Note
Got a good decline in price to earn some healthy profits with this Short.We're now sat on support, can we break to the downside and reach that lower trend line?
Note
#ATOM Broke through that layer of support and almost hit the lower trend line before ascending back up through the SR level.Are we going to see a Buy signal from CTv2 soon?
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