$ATOM is another time testing its mid term support (Weekly Kijun), in this $28 area.
If this one breaks, we'll take a look at the lower support at $26.
A strong one is the area of $20, because we could see a test of the Weekly Lagging Span on its Weekly Kijun.
As a target, the 0.382 Fibo Extension is still the resistance to break.
And $54 is also a very good target that prices can easily hit if momentum come back !
Let's wait and see !
If this one breaks, we'll take a look at the lower support at $26.
A strong one is the area of $20, because we could see a test of the Weekly Lagging Span on its Weekly Kijun.
As a target, the 0.382 Fibo Extension is still the resistance to break.
And $54 is also a very good target that prices can easily hit if momentum come back !
Let's wait and see !