ATOM descending wedge NEW ATH target $30
Updated
After completing a Cup & Handle the target is the RED trend line.
ATOM needs to breakout above the descending wedge and also the 0.768 fib to expose ATH territory.
If this happens this weekend look for a target between the previous ATH (1.0 fib) and the RED trend line.
RSI on 1H still has room to rise. MACD is about to cross.
Good Luck
ATOM needs to breakout above the descending wedge and also the 0.768 fib to expose ATH territory.
If this happens this weekend look for a target between the previous ATH (1.0 fib) and the RED trend line.
RSI on 1H still has room to rise. MACD is about to cross.
Good Luck
Note
Here is a look at the 4H RSI and MACD also primed and ready
Note
Let's see what this weekend can produce
Note
There's the back test confirmation... SEND IT!
Note
4H MA 50/200 just crossed bullish
Note
Breakout! look to take profits on the way up
Trade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.