ATOMBTC - Is ATOM Looking Weak Against Bitcoin Right Now?
Updated
Following on from the surge of Bitcoin recently (and the huge profits that Crypto Tipster took away from it!) we're left in a bearish market for several alt-coins that didn't quite manage to rocket like lots of others have. ATOM could be one of them.
As you can see we've lost around 12% since touching the upper limit of the channel it's been ranging in for a few months, is this decline going to continue to the lower edge of the aforementioned channel? That would be a further 20% - it's quite possible and with a Sell signal from Crypto Tipster within this descending consolidation channel, it looks totally possible!
As you can see we've lost around 12% since touching the upper limit of the channel it's been ranging in for a few months, is this decline going to continue to the lower edge of the aforementioned channel? That would be a further 20% - it's quite possible and with a Sell signal from Crypto Tipster within this descending consolidation channel, it looks totally possible!
Note
A slow and subtle descent? Not a great deal happening so far with this one. Let's give it a few more days!
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