Augustus1st

Is Atom in a long range ?

Long
KRAKEN:ATOMUSD   Cosmos
I'm watching atom during many months now.

This one is, for me, a strong and ambitious project ( you can find informations on Cosmostations )

Technically, after the strong bullrun, in february, Atom seems to be in a range, during nearly two months.

Fibonacci is very precise on it and we can see a very nice range between 0.23 (19.01$) and 0.618 (22.14$)

I stay bullish until RSI stays above 50. On top of that, moving average of MACD indicator is about to cross the signal line, wich should give a nice bullish signal.

Let's see the evolution !

Disclaimer

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.