Not financial advice, just a possibility.
Atom may see a stronger correction then what people expect, the RSI divergence shows that the correction already started on the daily timeframe, and the beginning of a downward wave, with MFI and RSI below the 50, my rsi limit is set for 25, so FIB show areas of support and resistance, depending on the intensity of the move, first response should be on 200 EMA line, support areas at 30.30, 25 and 15.15, for the 1200 EMA. for daily timeframe MACD just crossed below on the daily, The game may change if the 200 holds.
Short term: Short
Long term: short
Atom may see a stronger correction then what people expect, the RSI divergence shows that the correction already started on the daily timeframe, and the beginning of a downward wave, with MFI and RSI below the 50, my rsi limit is set for 25, so FIB show areas of support and resistance, depending on the intensity of the move, first response should be on 200 EMA line, support areas at 30.30, 25 and 15.15, for the 1200 EMA. for daily timeframe MACD just crossed below on the daily, The game may change if the 200 holds.
Short term: Short
Long term: short