ATOMUSDT! Descending Triangle Ending!
ATOMUSDT is currently forming a Bullish Divergence on the daily chart. In addition, it is coming to an end in the Ascending Triangle pattern on the daily chart which is known as a bearish pattern, but the overall monthly pattern is forming a Rising Wedge. There are multiple support zones touching horizontally and ascending . The only thing needed now is a catalyst to push it in the Bullish or Bearish direction.
Please remember to do your own research (DYOR) and that this information is not financial or investment advice.
Please remember to do your own research (DYOR) and that this information is not financial or investment advice.
Note
Correction, the monthly pattern is a Rising Wedge. The chart says an Ascending Wedge.
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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.
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.