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TradeDog-Research

ATOM-USDT: Trendline Breakout

Long
Cosmos / TetherUS (BINANCE:ATOMUSDT)  
TradeDog-Research  
BINANCE:ATOMUSDT   Cosmos / TetherUS
Trend Analysis Chart Patterns Wave Analysis cryptotrading altcointrading toptradingsignals daytrading Descending Triangle
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trendanalysis chartpattern waveanalysis cryptotrading altcointrading toptradingsignals daytrading descendingtriangle
On the Daily Time Frame, ATOMUSDT has taken support from the 20 DEMA and after halting there for 9 days, it formed a strong bullish candle yesterday.
On the Hourly Time Frame, ATOMUSDT has given a breakout from the Bull Descending Triangle wherein it has been trading in that range for the past 18 days.
Key Levels to watch out:-

The supports to the lower side is present at $18.4 followed by $16.4.
On the higher side, it can face resistance at $24 followed by $26.2.
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