Atom is in consolidation mode after reaching all time high in 20th September. Recently completed cup formation and now moving in decreasing channel and holding major support region ($30-$31). keep an eye on channel breakout and retest confirmation, then you can open long position for possible targets (red zones) given in the chart. Spot entry might be good right now as it is holding lowest support zone after reaching all time high. If you are more conservative then you look for lower green zone entry in spot.
Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and happy trading!
Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and happy trading!
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.
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.