ATOM broke the downtrend and today it continued to move higher, similar in some way to Luna's price action.
This means ATOM is ready for a higher valuation and buying a retrace/retest of previous levels is likely to give good returns.
The first key resistance is found at $30 and is likely for ATOM to break that if this momentum continues.
The resistance levels after that are found at $33 and $36.
Let's see how high this can go, indicators are all bullish. So a perfect set-up for a long. ;)
Bias is bullish.
Like and follow if you liked my idea!
This means ATOM is ready for a higher valuation and buying a retrace/retest of previous levels is likely to give good returns.
The first key resistance is found at $30 and is likely for ATOM to break that if this momentum continues.
The resistance levels after that are found at $33 and $36.
Let's see how high this can go, indicators are all bullish. So a perfect set-up for a long. ;)
Bias is bullish.
Like and follow if you liked my idea!
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
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.