FieryTrading

🔥 ATOM Bouncing From Support

Long
BINANCE:ATOMUSDT   Cosmos / TetherUS
ATOM has been following this support line for almost a month now. Couple hours ago, ATOM bounced off said support again. Since a lot of cryptos are seeing strong returns at this moment, I reckon that ATOM will follow suit very soon.

Before entering this trade wait for the price to above the Entry line. Higher time frames yield a higher predictive power.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based recent highs. Do your own due diligence.

Happy trading!

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