ATOMBTC trade ideas
ATOM/BTC going for another bullish moveAs we predicted in one of our previous analysis, the price movement made a significant bullish bounce form the line that has in the past acted as both support and resistance. Now we can see that the price is in consolidation as a correction was needed to form the impulsive bullish move. We are expecting another bullish move after the consolidation ends.
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Cosmos ATOM one of the most successful project on Binance, and this exchange list this project for free. Whose name speaks for itself and its potential for growth is enormous. After start trtading in exchange, the project fell in price and formed reversal pattern - falling wedge. Now formed a bullish triangle with a breakthrough potential up to the next level of fibonacci. 0.0007
ATOM looks ready to breakout! ATOM has been basing near this support zone for a few days now and looks like it might attempt another break of resistance
If successful, it could lead to a very quick move as we saw last time of over +40%
Breaking down from here could lead to a retest of the local bottom