Remember ATOM ? This is a really hyped coin at the time but with real fundamentals which many projects are built up on such as BAND, Binance Chain,..
This has been suffering since months and actually sitting on the pivotal support zone. ATOM has been forming a massive descending triangle from the top and the current price is hitting the lower side of the triangle. I expect a bounce here and start buying my long term bag.
On the lower timeframe, we also see a hidden bullish divergence on the 4hr.
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This has been suffering since months and actually sitting on the pivotal support zone. ATOM has been forming a massive descending triangle from the top and the current price is hitting the lower side of the triangle. I expect a bounce here and start buying my long term bag.
On the lower timeframe, we also see a hidden bullish divergence on the 4hr.
Note: If you like the content and the setup, please give me a follow not to miss out on many altcoins charts to come.
Trade active
Well, we have been accumulating the exact bottom. The coin has also reclaimed 200EMA on the 4hr which is really bullish for continuation. HOLD !!!!
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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.