💎 Paradisers, #ATOM can capture the liquidity of traders who entered on the breakdown of the previous low and has also formed a 'W' pattern, increasing its bullish potential.
💎 If #ATOMUSDT breaks above the resistance level, which could trigger stop losses for sellers who acted on the breakdown, we can target the next resistance levels.
💎 In the case of a pullback, we can also expect a bounce from the support level, potentially forming a triple bottom pattern. However, before entering, ensure confirmation from the candlesticks and momentum.
💎 If the price breaks down below the support level, it will invalidate the bullish structure. In that case, it's better to ignore it and wait for better price action to develop.
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Also on:
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.