Login / Join

Technical analysis by gmichigan about Symbol ATOM on 9/9/2023

https://sahmeto.com/message/3340973
gmichigan
gmichigan
Rank: 9621
1.5
،Technical،gmichigan

Identify Buying and Selling Zones:Buying Zone: In an uptrend, the buying zone is typically near the Fibonacci retracement levels, especially around the 38.2% and 50% levels. Traders look for bullish price action signals (like candlestick patterns or positive momentum) in these zones as potential entry points for long (buy) positions.Selling Zone: In a downtrend, the selling zone is usually near the Fibonacci retracement levels, particularly around the 38.2% and 50% levels. Traders seek bearish signals (such as bearish candlestick patterns or negative momentum) in these zones as potential entry points for short (sell) positions.

Translated from: English
Show Original Message
Signal Type: Neutral
Time Frame:
1 month
Price at Publish Time:
$6.89
Share
Signals
Top Traders
Feed
Alerts