ATOM - GLOBAL IDEA
The ATOM has been consistently following an upward trend since 2019. The certainty of a new cycle for ATOM is still uncertain. However, by considering that the asset is not experiencing a depletion but rather undergoing a shake-up, we can speculate that a pattern similar to the previous cycle will unfold.
This pattern typically involves an initial phase of accumulation, followed by the first wave of growth, a subsequent phase of re-accumulation, and finally, the last wave of growth, culminating in a distribution phase.
Analyzing the Fibonacci from the last cycle, we can set price targets at approximately $70. This suggests a potential increase of 300% from zone accumulation. To break it down further, the accumulation phase is anticipated in the range of $7-$14, with the distribution phase expected to occur between $70 and $100.
It's important to note that the specific dates on the chart are approximations. As the exit from the accumulation phase approaches, I will provide timely updates to the chart to present a comprehensive and up-to-date picture.
This pattern typically involves an initial phase of accumulation, followed by the first wave of growth, a subsequent phase of re-accumulation, and finally, the last wave of growth, culminating in a distribution phase.
Analyzing the Fibonacci from the last cycle, we can set price targets at approximately $70. This suggests a potential increase of 300% from zone accumulation. To break it down further, the accumulation phase is anticipated in the range of $7-$14, with the distribution phase expected to occur between $70 and $100.
It's important to note that the specific dates on the chart are approximations. As the exit from the accumulation phase approaches, I will provide timely updates to the chart to present a comprehensive and up-to-date picture.
Note
Amazing information, look at all the bottom of the ATOM:ATOM/BTC CHART:
ATOM DOMINATION CHART:
ATOM PRICE CHART:
Note
AND THE LAST CHART BTC PRICE:
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.