ETH just joined the M50 daily which caused a legitimate rejection. In the meantime, ATOM joined the 32ish level which also caused rejection, legitimate one as well.
Now, we want to see a slow retrace to the 29,5-30 level where bulls will need to show up strong to pursue the HTF uptrending
H4 is the key TF, imho
I will be waiting ATOM at this 29,5 level, with cash from the previous short to go long and target 36 / 44 / 97 long term
Now, we want to see a slow retrace to the 29,5-30 level where bulls will need to show up strong to pursue the HTF uptrending
H4 is the key TF, imho
I will be waiting ATOM at this 29,5 level, with cash from the previous short to go long and target 36 / 44 / 97 long term
Note
There we go, bulls need to get out of the woods. Now. I am long, big time.Note
SL is below the next area, at 24,8Note
A reclaim of the 29,5 area is an absolute necessity for continuation. If not, this is a no go for meNote
Nice action today... SL still at same level. Patience my friends...Note
Situation is highly uncertain. I am cutting 50% of the position before the SL, we just validated a lower high.Note
I am out. If we pump from here, I will buy back on a drawback. Will probably reduce trading in the next days/weeks
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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.