ATOM came out of the range downwards and continued to move in the descending channel, returned to the lower boundary of the range.
The price is under liquidity, near the upper boundary of the downward channel.
The last growth impulse happened on declining volumes.
The main MAs on the 4H Timeframe are bearish.
I expect that the price will test the upper border of the channel, and after fixing under it will continue to decline.
The price is under liquidity, near the upper boundary of the downward channel.
The last growth impulse happened on declining volumes.
The main MAs on the 4H Timeframe are bearish.
I expect that the price will test the upper border of the channel, and after fixing under it will continue to decline.
