FieryTrading

🔥 ATM/USDT Reversal From All Time Low

Panjang
BINANCE:ATMUSDT   ATM / TetherUS
ATM/USDT has recently touched its all time low again. Since then, this pair has seen a strong increase in bullish volatility producing several big green candles on its way up. Also, during its upward move, ATM managed to break out of the triangle, another bullish indication.

Seeing this momentum, combined with the overall very bullish situation of the alt coin market, I'd see this pair regaining a lot of lost ground.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!

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