ATOM Huge CHANNEL!!!
Atom is almost on the bottom of its big weekly channel.
It has support of Ichi cloud.
It did a nice reaction to EMA50 and it could close below it==>Good signal.
Its also on 0.618 Fibbo Retracement.
This is a nice Potential Reversal Zone.
It has an significant event on 31 Dec for interchain staking.
entry: 19-22
Targets:
1) 25
2) 30
3) 38
4) 44
5) 52
6) 60
7) 72
8) 85
SL: close weekly below 17
It has support of Ichi cloud.
It did a nice reaction to EMA50 and it could close below it==>Good signal.
Its also on 0.618 Fibbo Retracement.
This is a nice Potential Reversal Zone.
It has an significant event on 31 Dec for interchain staking.
entry: 19-22
Targets:
1) 25
2) 30
3) 38
4) 44
5) 52
6) 60
7) 72
8) 85
SL: close weekly below 17
Penafian
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