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Cosmos Hub (ATOM) - July 18

BINANCE:ATOMUSDT   Cosmos / TetherUS
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(ATOMUSDT 1M Chart)
Whether or not it can move higher than 13.960 is a key factor.


(1W chart)
The key is whether it can support and move higher at 7.620.


(1D chart)
The key is whether you can move up along an uptrend channel.

It is expected that it will lead to further uptrend when it is supported by rising to the 9.6-10.320 section.


A decline below the 7.330-7.620 range is expected to lead to further declines.

If it was a wiggle to reverse the trend, I would expect a large surge to touch near 5.930.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)

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[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/

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