DJ123

ATOMUSDT! Descending Triangle Ending!

Long
DJ123 Updated   
POLONIEX:ATOMUSDT   Cosmos / Tether USD
ATOMUSDT is currently forming a Bullish Divergence on the daily chart. In addition, it is coming to an end in the Ascending Triangle pattern on the daily chart which is known as a bearish pattern, but the overall monthly pattern is forming a Rising Wedge. There are multiple support zones touching horizontally and ascending . The only thing needed now is a catalyst to push it in the Bullish or Bearish direction.

Please remember to do your own research (DYOR) and that this information is not financial or investment advice.
Comment:
Correction, the monthly pattern is a Rising Wedge. The chart says an Ascending Wedge.
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