Cosmos Hub (ATOM) - September 29

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(ATOMUSDT 1W Chart)
Whether the 12.282-15.837 section is supported and able to rise is the key.


(1D chart)
We need to see if we can move up along the uptrend line passing near 12.282.

If not, there is a possibility that it will drop to around 9.603.


If the price is maintained above the 15.083-15.837 section, it is expected to continue the upward trend.


The 12.282-15.837 section is a trend-determining section, and you can buy if you see support near 12.282.

However, as I mentioned in the description of the BTC chart, I think it is time for altcoins to gain support by increasing the BTC price by at least 20.7K.

Therefore, before that, it is recommended to trade conservatively when trading altcoins.

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** All descriptions are for reference only and do not guarantee a profit or loss in investment.

** If you share this chart, you can use the indicators normally.

** The MRHAB-T indicator contains indicators that indicate support and resistance points.

** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).

(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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