nanfinance

ATOM accumulation is unfolding, long or short?

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BINANCE:ATOMUSD   Cosmos
In general longs are preferred, with one simple note though, we might sink on 10.0-9.n in the current ending diagonal, which is highly possible. I protected my long position in the wallet with a small short, because drop can be 15% from the current price.
Also there's a chance that we might rocket any time soon, and ending diaogonal just becaomes a correction, though my gut feeling is telling me that it's not that simple.

Good luck trader!
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