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Cosmos Hub (ATOM) - June 15

BINANCE:ATOMUSDT   Cosmos / TetherUS
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(ATOMUSDT 1W Chart)
Below 7.62 is likely to be a mid- to long-term investment area.

Therefore, the key issue is whether it can rise above 7.62 and find support.


(1D chart)
In the short and medium term, it needs to move above 10.32 and find support to turn into an uptrend.

However, careful trading is required as it is expected that the uptrend will continue only when it rises above the uptrend line.

Accordingly, it should rise above 17.65.


The volume profile section is formed below 4.68.

This volume profile section is the source of strength that supports the ATOM coin, so I think that it is a price range that can be purchased by those who want to invest in the medium to long term.

However, since the coin market is unstable, it is recommended to check the sideways movement.

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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move 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 can be made 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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