ATOM is looking sexy. We made the old ATH which was our key resistance support today... what does this mean?
Remember when BTC passed 20k or ETH $1,400? Their old ATH? They both doubled after and then some!
Hence ATOM is on a path to $60 and above. The technicals are very clear.
So long our support holds, I expect ATOM to make quick gains. The daily timeframe and above support this, plus volume on this breakout was significant! All giving good confidence signs.
Hence buying this support with a stop loss under is a great idea. Enjoy the ride!