ATOM long
ATOM retraced down to HTF trendline, currently in a parallel uptrend that hasn't been broken since it formed in March 2020.
Price fractal overlayed from a move up in Aug/Sep, not really expecting it to follow but worth monitoring.
Initial TP at ~32 with targets at 0.702 and then ATH after that.
Volume been increasing on this entire move up over the last two years and volume looking decent in this recent move down/up.
Price fractal overlayed from a move up in Aug/Sep, not really expecting it to follow but worth monitoring.
Initial TP at ~32 with targets at 0.702 and then ATH after that.
Volume been increasing on this entire move up over the last two years and volume looking decent in this recent move down/up.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.