ATOM/BTC Multi Timeframe Analysis [Quick Updates]

Hey all, here’s another entry on my tradingview series called 'Quick Updates'.

We can see that ATOM has reversed its overall trend. We can use this information to establish a positive bias and add a certain upwards probability to each of our following trades. Currently we can see on the lower timeframes that the price is reaching a zone of horizontal support. This is a great opportunity for a long position.


--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.

Follow me for consistent high quality updates, with clear explanations and charts.
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- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!