ATOM's downtrend is far from over, and it's time to short.
If ATOM closes below 1.30, it'll likely break below the support levels and continue down.
The SMA25 is still above the SMA7, indicating a downtrend.
The 10-bar trend is bearish.
The last candle was bullish, but the momentum is still uncertain.
If ATOM closes above 1.43, the downtrend thesis will be invalidated.
Where do you see ATOM heading next?
#MarketAnalysis #CryptoInsights
If ATOM closes below 1.30, it'll likely break below the support levels and continue down.
The SMA25 is still above the SMA7, indicating a downtrend.
The 10-bar trend is bearish.
The last candle was bullish, but the momentum is still uncertain.
If ATOM closes above 1.43, the downtrend thesis will be invalidated.
Where do you see ATOM heading next?
#MarketAnalysis #CryptoInsights