CosmosLong
ATOMUSD eying 10.00 as possible swing
Updated
ATOMUSD
Since start of this launch it was jumped to the 7.6 level and after that its even fell below the launching price and even reached the historical low level which is 1.081
2.5 and 4.5 levels are acted as important support level for the bullish trend.
And yesterday it has reached around 7.000 level which is a key psychological level and faces some minor reversal and i am expecting ATOMUSD will fall back towards the
.618 Fibonacci retracement level.
And on the upper side it will face some rejection around .786 Fibonacci retracement level.
And it is currently trading within a channel and breaking of the minor channel will pave the way towards 10.000 swing target level.
To the downside the 5.000 level will act as strong support for the bull
Since start of this launch it was jumped to the 7.6 level and after that its even fell below the launching price and even reached the historical low level which is 1.081
2.5 and 4.5 levels are acted as important support level for the bullish trend.
And yesterday it has reached around 7.000 level which is a key psychological level and faces some minor reversal and i am expecting ATOMUSD will fall back towards the
.618 Fibonacci retracement level.
And on the upper side it will face some rejection around .786 Fibonacci retracement level.
And it is currently trading within a channel and breaking of the minor channel will pave the way towards 10.000 swing target level.
To the downside the 5.000 level will act as strong support for the bull
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