ATOM/BTC TA Update (Bearish Pattern Confirmed?)
ATOM/BTC
ATOM broke key trend-line support at 5300 sats area and closes below it with an engulfing bearish candle.
The price could drop further down below to 0.32 - 0.5 Fib levels before a potential relief rally to the upside.
If you are looking for Short Trades, you can place orders when ATOM retest and rejected
at previous trend-line support turning into new resistance. Place stop-loss above 6000 sats regions.
ATOM broke key trend-line support at 5300 sats area and closes below it with an engulfing bearish candle.
The price could drop further down below to 0.32 - 0.5 Fib levels before a potential relief rally to the upside.
If you are looking for Short Trades, you can place orders when ATOM retest and rejected
at previous trend-line support turning into new resistance. Place stop-loss above 6000 sats regions.
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