The chart shows a decrease, after which we see an increase in price.
Well, we all see this. But what makes me hopeful for this increase is a permanent support point. It is expected that with this trend, we will have a significant increase after a decrease.
Hello traders, ATOM is at a strong support and it can lead it to upward, and according to 18/jan ATOM has tested this support and it did a great pump... so I expect same thing to happen as its on this support for few days and it close daily candles above it.
enjoy, and have a great trading.
Atom is currently caught within a near perfect symetrical triangle, having just rebounded again off the bottom edge.
Our Crypto Tipster v2 Indicator has been having some amazingly good trades with ATOMEUR '2D' over the last year or two and this could be another one. Already showing gains of nearly 5% by the time we've got around to writing this Idea!
Given this...
This could be a really nice 20% long trade on Atom over the next month or two.
We've got a nice Buy signal coming in from Crypto Tipster v2, the price is deflecting off the lower edge of an almost perfect symmetrical triangle and off of 2 areas of recent support AND there's not much in the way of resistance until the top edge of the aforementioned triangle. Wow...
In a monthly chart we already finished 1-5 Elliot wave, on a weekly ABC correction. going trough lower time frames we saw market starting to form M Pattern in 1h time frame. right now market started consolidating in a 50% fib and institutional zone and since we saw ABC correction we should see bounce to the top of M pattern and after that retrace back to the...
