🔥 ATOM: Waiting For A Great Entry

٢٧ يناير

ATOM has been trading in a bearish triangle pattern for almost two years at this point. The pattern is clearly drawn between the yellow area of support and the purple diagonal resistance.

After the most recent rejection of the resistance, I'm waiting for the price to reach the yellow area again. The yellow area will most likely function as a long-term bottom area, thus being a great entry in anticipation of the next bull-run.