π Analysis:
Breakout: ATOM breaks the weekly descending resistance line from August 2022.
Area of Support: Currently in a supportive zone, indicating potential for continued upside.
π Trade Strategy:
Long-Term Trade: This is envisioned as a longer-term trade.
Entry Range: Suggested entry between $12.00 - $12.60.
Upside Targets: Aiming for the next resistance levels at around $14.75 - $15.75 or $22.00 - $25.00.
Stop Loss: Positioned just below $11.00.
π Note: Keep a close eye on ATOM's progress and adjust the trade strategy as needed! ππ #ATOM #Crypto #LongTermTrade ππΉ
Breakout: ATOM breaks the weekly descending resistance line from August 2022.
Area of Support: Currently in a supportive zone, indicating potential for continued upside.
π Trade Strategy:
Long-Term Trade: This is envisioned as a longer-term trade.
Entry Range: Suggested entry between $12.00 - $12.60.
Upside Targets: Aiming for the next resistance levels at around $14.75 - $15.75 or $22.00 - $25.00.
Stop Loss: Positioned just below $11.00.
π Note: Keep a close eye on ATOM's progress and adjust the trade strategy as needed! ππ #ATOM #Crypto #LongTermTrade ππΉ