MyCryptoParadise_Nathan

ATOMUSDT: Get ready for a potential bullish breakout๐Ÿš€

BINANCE:ATOMUSDT   Cosmos / TetherUS
๐Ÿ’Ž 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.

๐Ÿ’Ž 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.

๐Ÿ’Ž 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.

๐Ÿ’Ž 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.

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