As we see in this chart price breaks the long and strong bearish trend line and pullbacks to it. so in my opinion It is a good time to open long position at price 0.22 with Stop loss at 0.02078 and two Take profit at 1 and 1.618 fib levels.
In this chart ATOM got a strong Resistance zone between 16.61 and 17 and one support zone in 14.5 and another stronger in 13.13 and 13.37. after drawing fibonacci in the chart we could see price in near 0.618 fib level and two times did reaction. in my belief if price couldn't break 0.618 fib level we expect to see price one more time in the support zone at 14.5$...
In This Chart 4h time frame shown and in my opinion it is a great and strong support , and We have that Red Trendline that price pullbacks to it so we can use this support line and pullback to trendline to get a long position Now, The TPs are Fib levels and SL is 0.05681 i Highly Recommend Trailing stop cause This Position is Risky.
As we see in this chart Fib level 0.5 is a strong resistance and pushes the price back to 0.382 fib level. 0.382 fib level is a support for price and we see it works and keeps the price so in my opinion there is a good chance that price comes up and after breaking 0.5 fib level test the 0.681 fib level so i provide a long set up with SL on 1.60610 and two TP...
Hi I am Reza and this chart is my first published chart. In this chart we have strong Resistance from 1.40 to 1.35 that push the price back price coludnt resist and then breask MAs one after another (20, 50, 100, 200) then we see an pull back to Ma 200 in my opinion its a good time to Open a sell Position with SL on 1.31 and Two TP on 1.16 and 1.08.
If Price can't break support zone then we can expect a good long position that shown in chart