ATOM/USD - Getting ready for a breakout! Can we pump? ✈
ATOM is approaching the end of this structure which is likely to break up. The indicators on MACD and RSI are both curving up and the volume looks keen to explode on any break.
The first target for such a break is $38 and then the all-time high.
If for any reason we fail to break, then the support at $26 is the next level to keep eyes on. Right now ATOM does a good just holding above our current support at $32.
Considering BTC is about to break its ATH (see my idea below), the whole market is likely to turn bullish again, soon.
Good to consider a position into ATOM on any break above this trendline acting as resistance. Bias is bullish, but a break of resistance is needed to confirm it.
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The first target for such a break is $38 and then the all-time high.
If for any reason we fail to break, then the support at $26 is the next level to keep eyes on. Right now ATOM does a good just holding above our current support at $32.
Considering BTC is about to break its ATH (see my idea below), the whole market is likely to turn bullish again, soon.
Good to consider a position into ATOM on any break above this trendline acting as resistance. Bias is bullish, but a break of resistance is needed to confirm it.
Like and follow if you liked this idea!
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