LINKUSDT
Hello Traders,
Atom is trading in ascending channel making higher highs and higher lows. Atom formed triple bottom during may-august and price increased 150% after breaking out of 16-17 support zone. Atom has been trading between 18-44 starting from September and forming a potential triple top or triple bottom which are reversal patterns. There was a 130% price difference between support and resistance zone bak in May-August period and we are observing approximately the same difference between support and resistance zones September-January period.
If the price breaks above 45 I would open a long position and would expect at 100-150% increase in prices (80-100 USD).
First TP 55
Second TP 75
Third TP 100
If not we could see new higher low somewhere around 25-26 USD, again which would be a good price levels to open a long position.
Overall, Atom Is strong against Bitcoin and if there is a minor increase in bitcoin prices we could see 2-3x in Atom prices.
Good luck and trade smart! (not a financial advice)
Please like and share if you like my idea.