💎ATOM has recently exhibited significant market dynamics by breaking out of a major descending channel pattern, signaling a bullish momentum, particularly noteworthy due to the breakout occurring on a high timeframe.
💎 However, further upside probability hinges on overcoming the resistance area to reach our target zone.
💎 In the event of failure to breach the resistance, resulting in rejection, there's a possibility of a downward move towards retesting the support trendline or the demand area.
💎 The demand area holds considerable significance, as a failure to bounce from this level could indicate a bearish reversal, potentially leading to further downward movement for ATOM.
💎 However, further upside probability hinges on overcoming the resistance area to reach our target zone.
💎 In the event of failure to breach the resistance, resulting in rejection, there's a possibility of a downward move towards retesting the support trendline or the demand area.
💎 The demand area holds considerable significance, as a failure to bounce from this level could indicate a bearish reversal, potentially leading to further downward movement for ATOM.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.