$ATOM 24-hour low, current price 1.352, previous low 1.356.
Three common moves after a new low:
① Bounces back to the previous low and gets pushed down again: the decline continues
② Moves back and forth near the previous low: a change of hands while waiting for direction
③ Quickly recovers the previous low and holds above it: a false breakdown
It is currently below the previous low, so first watch whether it follows ① or ②.
#ATOM
Three common moves after a new low:
① Bounces back to the previous low and gets pushed down again: the decline continues
② Moves back and forth near the previous low: a change of hands while waiting for direction
③ Quickly recovers the previous low and holds above it: a false breakdown
It is currently below the previous low, so first watch whether it follows ① or ②.
#ATOM