Get started
Benimen

ATOM trend change

Long
Cosmos / TetherUS (BINANCE:ATOMUSDT)  
Benimen Updated   
BINANCE:ATOMUSDT   Cosmos / TetherUS
Trend Analysis Chart Patterns ATOMUSDT
0
0
trendanalysis chartpattern atomusdt
As evidenced on the chart, the 12-hour bar chart of ATOMUSD just closed above the previous recent 12-hour bar high for the first time since this decline started back in June.
Basic trend change indication.
The next sign of a reversal I'm looking for is a close, on more volume than what we just saw, above $2.60 resistance.
Comment:
This is now a firm breakout in ATOMUSD, per the bottom chart here. Strongest volume we've seen in months, too.
If it breaks $3 there's not much resistance all three way until $3.80.
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.