crossedfingers1

ATOM - Breakout coming?

Long
BINANCE:ATOMBTC   Cosmos / Bitcoin
Finally started getting into the Cosmos ecosystem. Been so caught up with Sol, Avax, Ftm that I neglected this one. Better late than never though and this chart looks ready for breakout.

If BTC behaves, I'd expect ATOM to do well in the coming days and weeks. Fundamentals seem very strong, although I've still have a lot to learn about the different projects and how it works.
Comment:
Trade closed manually: Totally forgot about this one as I exited a while ago. Will update quickly and close this thread off.

Price did break the wedge but as we can see, it didn't hold and massive sell off. At a critical level here, if this blue support doesn't hold then most likely off to the lower heavy blue support. Otherwise, a bounce is quite possible and flipping red would be key.