Cosmos / TetherUS

Moment of truth for $ATOM

163
ATOM has been down trending for several weeks, forming a descending triangle. Now price reached support at $23.5 but everything is in BTC hands.
If you look at the RSI you can see a bullish divergence forming but this is not enough, waiting for more conformations.
I will only go long after a bounce from support with bullish volume followed by a breakout of the triangle's resistance!
I will only go short if price broke below support with huge selling volume:
Be reactive not predictive :)

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