ATOMUSDT
At the time of writing this ATOM/USDT pair was trading at $34.8.
Yesterday (Sep 13), the price wicked $39.11 which is a strong resistance level and made an ATH of $38.69.
ATH levels always have a mark on their head and automatically become a distribution zone i.e. highly succeptible to a correction.
Possible support levels at current price can be;
S1 - 32.32
S2 - 30.39
S3 - 28.53
In case a momentum is built and the price tries to move further it will find a strong resistance at ATH and at $41.89 level.
Please feel free to comment and express your opinons in the comment section.
Asad Rindani
Co-Founder Crypto Swordfish
At the time of writing this ATOM/USDT pair was trading at $34.8.
Yesterday (Sep 13), the price wicked $39.11 which is a strong resistance level and made an ATH of $38.69.
ATH levels always have a mark on their head and automatically become a distribution zone i.e. highly succeptible to a correction.
Possible support levels at current price can be;
S1 - 32.32
S2 - 30.39
S3 - 28.53
In case a momentum is built and the price tries to move further it will find a strong resistance at ATH and at $41.89 level.
Please feel free to comment and express your opinons in the comment section.
Asad Rindani
Co-Founder Crypto Swordfish