ATOM Technical Analysis in a 3-Day Timeframe

٣٠ يوليو

Hello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

ATOM is currently holding a crucial support trendline at $5.727. It is important to see if ATOM can hold strong and reach higher levels, or if it will break down further.

The 21 EMA serves as the primary resistance for ATOM, and a close above it will likely allow the price to rally higher.

Key levels:

- Important Support/Entry: $5.727 to CMP
- Primary Resistance: $6.855
- Target: $13.62
- Invalidation Point: a close below the support trendline.

DYOR, NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE