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Technical analysis by Enjoylifee about Symbol ATOM: Sell recommendation (2/17/2024)

https://sahmeto.com/message/2868884
Enjoylifee
Enjoylifee
Rank: 20364
1.3

ATOM/USDT SHORT potential

:Sell
Price at Publish Time:
$10.26
Sell،Technical،Enjoylifee

A very good potential short here with really high risk reward. Rsi pointing down, the issue here is the fact we are in a uptrend, and since we are looking at a short term chart / trade. the rsi could easily be rejected from going below and suddenly point up again. if this happens i would cancel the trade. This is a short term trade that trades against the trend. However the risk/reward are so nice its almost a loss not doing it

Source Message: TradingView
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