ATRUSDT trading opportunityATRUSDT is currently forming a symmetrical triangle, with price approaching the lower boundary of the structure. The important demand zone is expected to act as strong support, making it a favorable accumulation area for bulls.
If the zone holds, a potential rally towards the upper range near $0.0543 is in play, aligning with the triangle’s resistance. However, given the nature of symmetrical triangles, a breakout in either direction remains possible. Until confirmation, the best approach is to trade within the triangle’s range while closely monitoring price action for a decisive move.
Are you positioning for the breakout, or do you see further accumulation ahead? Let’s discuss!
ATRUSDT trade ideas
ATR / BTC Is nearing an entry - RSI now at reset point.1) RSI on weekly has never gone below 50 - this means, ATR is maintaining an upward trend
vs BTC. This is confirmed by the graph.
2) When RSI resets to 50, this has been the re-entry point for ATR to start a major impulse
move, and outshine BTC.
ATR/USDT Facing the ResistanceHello everyone, I’m Cryptorphic.
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Now, let’s dive into this chart analysis:
ATR is currently facing resistance between $0.0165 and $0.0211. If ATR fails to break above this resistance level, a downtrend is likely, with a potential drop to the $0.0047-$0.0064 range.
On the upside, a breakout above this resistance will confirm a bullish rally for ATR, with potential gains of over 740% from the support level.
The RSI is trending below the middle line and is likely to reach the oversold zone, indicating a possible bearish move.
Key Levels:
- Primary Resistance: $0.0165-$0.0211.
- Primary Support: $0.01193.
- Lower Support/Accumulation: $0.0047-$0.0064.
- All-Time Low: $0.0025.
- All-Time High: $0.105.
- Scenario: Possible rejection, followed by a rebound.
DYOR. NFA.
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ATR/USDT At a Make or Break Point | Watch Out For Correction 👀 💎Paradisers, prepare for a high-stakes scenario with #Artrade! Currently, there's a high probability for a bearish continuation as the price tests the key support at $0.0216. Locked within a descending channel, this level has held up until now, but a fading trading volume hints at a price drop toward the highlighted demand zone.
💎If #ATR does not break below the $0.0216 support and instead climbs, be wary of the resistance at $0.027. This zone has consistently attracted heavy selling pressure and will likely drive the price further down once touched.
💎If NYSE:ATR revisits this critical demand zone, securing a rebound is vital. Failure to recover will actually fuel bullish momentum, potentially leading to a breakout from the current descending pattern and invalidate the bearish scenario.
💎Stay vigilant and prepared, Paradisers. This is a crucial moment that could dictate the next significant move for #Artrade. Keep your strategies flexible and watch closely as we guide you through these unfolding dynamics in the #ATR market.
MyCryptoParadise
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