ATOM/USD Breaking out
Cosmos Blockjan with its native token ATOM is an exciting project with many exciting applications.
From a trading perspective, it looks like we are soon about to break up. For about a month, traders have accumulated ATOM, you can see the price has fluctuated between FIB 0.618-0.786.
Things that look bullish:
Stoch RSI looks to turn up on the 12 hour chart.
Bollinger bands crossing 50 MA upwards.
RSI is on the upside. [/ i]
Ichimoku lagging band is pointing up.
Targets:
If we get a daily close above $ 21.76 then your next goal for ATH is about $ 26 and after that I would have set it at $ 30-31 depending on today's price would give about 50-60% return.
Golden fib ratio of 1.618 target is $ 38.
From a trading perspective, it looks like we are soon about to break up. For about a month, traders have accumulated ATOM, you can see the price has fluctuated between FIB 0.618-0.786.
Things that look bullish:
Stoch RSI looks to turn up on the 12 hour chart.
Bollinger bands crossing 50 MA upwards.
RSI is on the upside. [/ i]
Ichimoku lagging band is pointing up.
Targets:
If we get a daily close above $ 21.76 then your next goal for ATH is about $ 26 and after that I would have set it at $ 30-31 depending on today's price would give about 50-60% return.
Golden fib ratio of 1.618 target is $ 38.
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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.