ATOM is ready to takeoff
ATOMUSD - a native token of Cosmos blockchain, is preparing for the breakout and building at the upper border of a consolidation. A large triangle is completing at the long-term support area.
As BTC and ETH are displaying growth, but other cryptocurrencies, such as ATOM, still lay at the support area, we may observe a rotation from flagship cryptos to undervalued ones.
ATOM is one of the largest markets with a more than 3 billion market cap, one of the high-quality instruments, along with Solana and similar assets.
Breakout usually represents a good asymmetrical trading opportunity with low risk and extended reward.
Don't forget - this is just the idea, do your own research and never forget to manage your risk.
As BTC and ETH are displaying growth, but other cryptocurrencies, such as ATOM, still lay at the support area, we may observe a rotation from flagship cryptos to undervalued ones.
ATOM is one of the largest markets with a more than 3 billion market cap, one of the high-quality instruments, along with Solana and similar assets.
Breakout usually represents a good asymmetrical trading opportunity with low risk and extended reward.
Don't forget - this is just the idea, do your own research and never forget to manage your risk.
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