ATOM is correcting after setting an ATH at $26 and if price drops back to support at $16 this may be a good moment to enter before a breakout to re-test and probably move beyond our current ATH.
My bias is bullish on ATOM and any dip into support would present an opportunity to buy.
The indicators are a bit flat on 4h, hence we need to wait for price to lead the way and once a breakout occurs above our diagonal resistance line we should be good for a nice pump.
ATOM has been a very strong performer, hence I expect it to continue to do so as long as our overall market remains bullish.
So watch this level and take advantage of any possible drop into support, unlikely that will fall, unless BTC takes the whole market down.
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My bias is bullish on ATOM and any dip into support would present an opportunity to buy.
The indicators are a bit flat on 4h, hence we need to wait for price to lead the way and once a breakout occurs above our diagonal resistance line we should be good for a nice pump.
ATOM has been a very strong performer, hence I expect it to continue to do so as long as our overall market remains bullish.
So watch this level and take advantage of any possible drop into support, unlikely that will fall, unless BTC takes the whole market down.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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