๐ ATOM is back at resistance! What's next?
Hello, dear TradingView members.
This idea is an ATOM analysis.
ATOM made a 10% ascending move today, and now it's facing the resistance level.
We have been through this resistance a few times before, so there is a possibility of breaking this resistance level if we get enough 'Buy' volumes and support.
There are two possible scenarios.
Scenario One:
The price will get better support with enough Buy volumes to pump once more and break the resistance level.
Scenario Two:
The price will get rejected by the resistance level and fall on support zones.
The Speedometer indicator shows Neutral volumes on the market for ATOM at a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
This idea is an ATOM analysis.
ATOM made a 10% ascending move today, and now it's facing the resistance level.
We have been through this resistance a few times before, so there is a possibility of breaking this resistance level if we get enough 'Buy' volumes and support.
There are two possible scenarios.
Scenario One:
The price will get better support with enough Buy volumes to pump once more and break the resistance level.
Scenario Two:
The price will get rejected by the resistance level and fall on support zones.
The Speedometer indicator shows Neutral volumes on the market for ATOM at a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
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