First, let's look at the global chart of ATOMUSDT trading history
As you can see, the price entered the medium- and long-term buying zone six months ago.
It was followed by a good 80% increase in the price of ATOM, and for the past few months, it has been consolidating around the important $10.65 level.
In recent days, the ATOMUSD price has been quite well bought back and has not fallen down after BTC.
Even if we assume that the consolidation of the Cosmos token price will continue for several months (white scenario), there is still a +30% growth potential within the consolidation.
The critical level from above is $14.50
If buyers manage to break through and gain a foothold above $14.50, there will be space for growth to $20
_____________________
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As you can see, the price entered the medium- and long-term buying zone six months ago.
It was followed by a good 80% increase in the price of ATOM, and for the past few months, it has been consolidating around the important $10.65 level.
In recent days, the ATOMUSD price has been quite well bought back and has not fallen down after BTC.
Even if we assume that the consolidation of the Cosmos token price will continue for several months (white scenario), there is still a +30% growth potential within the consolidation.
The critical level from above is $14.50
If buyers manage to break through and gain a foothold above $14.50, there will be space for growth to $20
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Note
A potential medium-term trade for ATOMUSDT could look something like this
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Related publications
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.
🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Related publications
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.