Atmaseer

Atmaseer

As much as I love the project fundamentally and hope for its success, technical analysis suggests there's still a long way to go. The downward momentum began after a strong bounce on the 12H timeframe, and it's still showing significant strength. However, this could slow down soon and potentially reverse once it reaches the Fibonacci 1.3 range.

Atmaseer Updated 

# High Time Frame (HTF) Analysis: Ethereum (ETH) is currently testing the resistance at the top of a triangle pattern on the high time frame chart. # Entry Strategies: ## Breakout Strategy (Long Entry): Consider entering a long position if ETH successfully breaks above the triangle pattern's resistance. This could indicate a potential bullish trend...

Atmaseer

1. Breakout Strategy Enter a long position if ETH breaks through the resistance level or the previous high, indicating a potential bullish trend continuation. This strategy capitalizes on the momentum of a breakout, aiming to ride the upward trend. 2. Retracement to First Base Strategy Consider entering a long position if ETH retraces to the first base or the...

Atmaseer Updated 

The recent surge in gold prices has left a lasting impact, the reverberations of which are yet to fully dissipate. While intermittent spikes persist at lower timeframes, there are clear indications suggesting a potential deceleration in momentum. Are we witnessing the onset of a reversal, beckoning opportune moments for short positions?

Atmaseer

Repeated Break-Of-Structure observed on 4H and 1H timeframe. Potentially a signal of XAUUSD might start going downwards.