ATOMBTC - Is ATOM Looking Weak Against Bitcoin Right Now?

theCrypster Updated   
KRAKEN:ATOMBTC   Cosmos / Bitcoin
Following on from the surge of Bitcoin recently (and the huge profits that Crypto Tipster took away from it!) we're left in a bearish market for several alt-coins that didn't quite manage to rocket like lots of others have. ATOM could be one of them.

As you can see we've lost around 12% since touching the upper limit of the channel it's been ranging in for a few months, is this decline going to continue to the lower edge of the aforementioned channel? That would be a further 20% - it's quite possible and with a Sell signal from Crypto Tipster within this descending consolidation channel, it looks totally possible!
A slow and subtle descent? Not a great deal happening so far with this one. Let's give it a few more days!

Awesome Trade Signals
Crypto Tipster v2
7-Day Free Trial
Easy to Set Up
Full Automation Enabled

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.