ATOM has been basing near this support zone for a few days now and looks like it might attempt another break of resistance
If successful, it could lead to a very quick move as we saw last time of over +40%
Breaking down from here could lead to a retest of the local bottom
If successful, it could lead to a very quick move as we saw last time of over +40%
Breaking down from here could lead to a retest of the local bottom
Note
Broke out of the triangle but ran into strong resistance. Nice bounce so far and any close above that level will push us to the first targetNote
Both targets hit so far! Amazing trade so far, taking profits here and leaving rest rideDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.