ATOM - Something is missing here
Updated
Not financial advice. I have been keeping my eye on L1 Smart Contract/Defi Cryptos and most of them are astronomically high besides a few. ATOM and AVAX seemed to be moving together with ATOM leading and all of that momentum seemed to get transferred to AVAX which gets me thinking we could see it come back into ATOM soon especially with news and updates creeping in. My possible top for ATOM is $110 at the 4.236 Fib extension. If you are looking for more upside and less risk potential I would be in ATOM over AVAX. Doesn't mean that AVAX can't go up more in the short term all I'm saying their is possibly more upside within the next month percentage wise.
Note
Wanted to add we could see it come back down towards the low. It could take time to play out but overall I am bullish on it
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.