Augustus1st

Is Atom in a long range ?

做多
KRAKEN:ATOMUSD   Cosmos
I'm watching atom during many months now.

This one is, for me, a strong and ambitious project ( you can find informations on Cosmostations )

Technically, after the strong bullrun, in february, Atom seems to be in a range, during nearly two months.

Fibonacci is very precise on it and we can see a very nice range between 0.23 (19.01$) and 0.618 (22.14$)

I stay bullish until RSI stays above 50. On top of that, moving average of MACD indicator is about to cross the signal line, wich should give a nice bullish signal.

Let's see the evolution !

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