ATOM inside descending channels
#ATOM/USDT
ATOM is inside a huge descending channel.
🐻 now price is rejected from the middle line of a channel which is the same with the long-term resistance zone, so it is possible that continue its downtrend to break down from support of $10 and touch the lower line of channel, than start a new rally.
🐮 but it price going to hold the support of $10, it will be an easy break out from resistance around $17 to touch the upper line of channel which is the middle line of bigger channel.
in the long-term price can touch the upper line of the bigger channel.
previous weekly analysis of COSMOS
ATOM is inside a huge descending channel.🐻 now price is rejected from the middle line of a channel which is the same with the long-term resistance zone, so it is possible that continue its downtrend to break down from support of $10 and touch the lower line of channel, than start a new rally.
🐮 but it price going to hold the support of $10, it will be an easy break out from resistance around $17 to touch the upper line of channel which is the middle line of bigger channel.
in the long-term price can touch the upper line of the bigger channel.
previous weekly analysis of COSMOS
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.