Having received over a 200% bounce of the it's previous floor, going from $5.54 in June 2022 to its top at almost $17.00 in September 2022, ATOM's price action has been bleeding out for over a year. From its past high last September, ATOM continues to make lower highs and lower lows. I think it is safe to say that ATOM faces many obstacles ahead with appreciating...
This is a strategy that I have been using to help me have a better idea on where flooring action may take place on the charts. I also use it to help me get a better idea on where I should start dollar cost averaging into assets that I want to accumulate and hold more of in my long term holding portfolio. *Please note that you can use any EMA or SMA but, the...
So, I noticed on the 4hr chart that our recent price action look very similar to price action in April for BTC. We pumped to a high and then got dumped on... We then struggled to reclaim the 200 EMA untimely failing to do so and then we got dumped on further. We did have a relief rally before taking the final ride to the downside but, I cant help but think that...