I'm unsure how I feel about the ATOM/BTC pair at the moment.
Looks like it has broken the downtrend from the previous cycle, but overall, it's still stuck in a downtrend from initial listing.
Forming a rising wedge, which is technically bearish. Sitting at support on said wedge. If support breaks, 1850-1900 satoshis is possible. If it does get to that price, then it's an absolute buy for me as I'd be targeting a potential double bottom situation. I'm currently holding this, but I regret not selling at 3200 satoshis, which was a very clear double top (in retrospect).
Looks like it has broken the downtrend from the previous cycle, but overall, it's still stuck in a downtrend from initial listing.
Forming a rising wedge, which is technically bearish. Sitting at support on said wedge. If support breaks, 1850-1900 satoshis is possible. If it does get to that price, then it's an absolute buy for me as I'd be targeting a potential double bottom situation. I'm currently holding this, but I regret not selling at 3200 satoshis, which was a very clear double top (in retrospect).