๐ฐYou can see the crypto analysis of atom or Cosmos in 30 minutes time frame (ATOMUSDT _ 30min)๐๐ฃ
๐ฅAs it is clear from the picture, the price is moving in a downward parallel channel๐งโ Currently, the price is in the area of the dynamic resistance line๐ค (the upper line๐ค of the descending parallel channel), if the price can break the orange๐งก upward trend line downwards and stabilizeโ the bottom of its line, it can reach the fall DEMAND zone๐ป๐ฅ
But if the price breaks the upper line๐ค of the downward parallel channel or dynamic resistance line๐ค and stabilizesโ above the line, it can experience the upward SUPPLY zone๐บ๐
which direction will the price go to the GREEN๐ side or the REDโค๏ธ sideโโ
I hope the analysis was useful for you๐ค๐น
๐Please introduce the channel to your friends ๐๐ป
____________๐TRADER STREET๐_______________
๐ฅAs it is clear from the picture, the price is moving in a downward parallel channel๐งโ Currently, the price is in the area of the dynamic resistance line๐ค (the upper line๐ค of the descending parallel channel), if the price can break the orange๐งก upward trend line downwards and stabilizeโ the bottom of its line, it can reach the fall DEMAND zone๐ป๐ฅ
But if the price breaks the upper line๐ค of the downward parallel channel or dynamic resistance line๐ค and stabilizesโ above the line, it can experience the upward SUPPLY zone๐บ๐
which direction will the price go to the GREEN๐ side or the REDโค๏ธ sideโโ
I hope the analysis was useful for you๐ค๐น
๐Please introduce the channel to your friends ๐๐ป
____________๐TRADER STREET๐_______________
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ืืชื ืืืชืืจ
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.