CosmosLong
#ATOM Looming Breakout
#Atom looks set to test the stiff resistance at $32, which was previously serving as support.
- It will be hard, as the line coincides with the 100 & 50 day MAs.
- A breakout and close above it will lead to retest and continuation up to the all time highs as shown at the chart
- If not successful, the price will return to the lower supprt around $23 and continue ranging. Good for stacking in such case.
Overall- Bullish
- It will be hard, as the line coincides with the 100 & 50 day MAs.
- A breakout and close above it will lead to retest and continuation up to the all time highs as shown at the chart
- If not successful, the price will return to the lower supprt around $23 and continue ranging. Good for stacking in such case.
Overall- Bullish
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