EthanTW

ATOM - Nice levels for Short and Long

BINANCE:ATOMUSDT   Cosmos / TetherUS
BINANCE:ATOMUSDT
1H trend chart
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ATOM is resisting to fall continuously, but the H1 Vegas tunnel is forming bearish structure.
If price goes back to 144/169ema, but breaks down through 12ema quickly, it's a good level to short.
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Profit Targets:
a) 27.92----Blue horizontal ray
b) 25.1--------Blue horizontal ray
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Also, we can see an accumulation zone around 22~24.
So it'll be a good bottom for buying with left side trading.
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