TradingNomadic

$ATOM Cosmos Bullish Gartley

Long
BINANCE:ATOMUSDT   Cosmos / TetherUS
Holding above a critical level on ATOM, 9$ was a top August 2020, and a bottom last July, historically the next level up would be around 14, and $22 above that.

Possible Bullish Gartley completing at the 1.272 retracement from our September highs with bullish divergence locally on the RSI on the daily and 4hr.

The weekly shows a weaker drive of divergence as well, and the MFI could be setting up for hidden divergence.

No real confirmation just yet, but something to keep an eye on, so long as it holds up here.


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