ATOM - strong accumulation zone before space flight!
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Another interesting coin!
The first thing to note is that the asset price has been in accumulation for a long time for about 377 days, which is most often accompanied by a strong impulse when a major player appears.
Technical: the price is testing the trend line, which is currently a temporary support ($10.360). Everything seems to be good, but it is embarrassing that the pressure to the tread line is confusing, which can lead to a slight correction, as it was recently in bitcoin.
So far, I haven’t made any trading decisions on the coin, I want to watch for some more time, if suddenly there is a rebound without correction (from current values), then I will buy on the breakdown of the global countertrend double (5% of the deposit), and the first target will be $ 17.2 last local high.
But if suddenly the buyer cannot hold the support (trend line) and we see a correction below the current values, then the first area of interest will be $9.1-9.5. For now, I'm just waiting and watching the schedule.
Another interesting coin!
The first thing to note is that the asset price has been in accumulation for a long time for about 377 days, which is most often accompanied by a strong impulse when a major player appears.
Technical: the price is testing the trend line, which is currently a temporary support ($10.360). Everything seems to be good, but it is embarrassing that the pressure to the tread line is confusing, which can lead to a slight correction, as it was recently in bitcoin.
So far, I haven’t made any trading decisions on the coin, I want to watch for some more time, if suddenly there is a rebound without correction (from current values), then I will buy on the breakdown of the global countertrend double (5% of the deposit), and the first target will be $ 17.2 last local high.
But if suddenly the buyer cannot hold the support (trend line) and we see a correction below the current values, then the first area of interest will be $9.1-9.5. For now, I'm just waiting and watching the schedule.
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