ATOM/USDT 4H
Hello everyone, I invite you to a quick review of the ATOM/USDT chart, taking into account the 4-hour interval. As you can see, the price tried to break above the downtrend line, but quickly returned below it.
After unfolding the fib retracement mesh, we can determine the support at the level of $4.49, then at the level of $4.28, while the third, very strong support is around $4.
Looking the other way, resistance can be determined similarly and here we see resistance at the price of $4.62, then there is strong resistance at $4.95, and then at the price of $5.26.
After unfolding the fib retracement mesh, we can determine the support at the level of $4.49, then at the level of $4.28, while the third, very strong support is around $4.
Looking the other way, resistance can be determined similarly and here we see resistance at the price of $4.62, then there is strong resistance at $4.95, and then at the price of $5.26.
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