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Atom up 45% weekly close

Long
KRAKEN:ATOMUSD   Cosmos
$COSMOS $ATOM rebound from the drop from ATH. Broke the .618 fib and looking strong. Looking for target of $34to $36.

Daily Look

4H looking to retrace

Comment:
This just goes to show you that $BTC is king. Just when BTC looked ready to fly we had a decent drop. Hit the 4H targets a lot earlier than anticipated. Hopefully BTC holds and we can resume the uptrend.

Comment:
Broke down to higher timeframe zones and rebounded all the way back up to 618 fib. Already achieved 2 target zones on the bounce and looking for the third. If we are in a rebound market with BTC it could reach ATH or better. Targets $34-37 for now. At a resistance.


Comment:
Pretty damn close until $BTC decided to dump again.

Comment:


Hit the target zone lost some steam. High resistance point to break next fib level.
Comment:
Daily Look

Comment:
3 Big Green Candles in a row. MACD about to cross over .
I sold some of my holding near the top to invest in another project. IF this run continues we will break the high soon into $50 and up.
A big dilemma for me to continue to HODL or sell for another project.


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