Cosmos / TetherUS
Short

ATOM - Only pointing down

145

The analysis is pretty straightforward:

- Gray trendline was broken, but there was no follow-through and it is currently support.
- Green trendline holding price to the downside
- No RSI divergence

Therefore, the higher probability points to another lower low, targeting $7.

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.