Hello, dear TradingView members. This idea is an ATOM analysis.
ATOM made a 10% ascending move today, and now it's facing the resistance level. We have been through this resistance a few times before, so there is a possibility of breaking this resistance level if we get enough 'Buy' volumes and support. There are two possible scenarios.
Scenario One: The price will get better support with enough Buy volumes to pump once more and break the resistance level.
Scenario Two: The price will get rejected by the resistance level and fall on support zones.
The Speedometer indicator shows Neutral volumes on the market for ATOM at a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions; I will be more than happy to help.