ATOM is awake. It reached 0.00031 with good volume. however, looks like the buyers may see this level as a good one and we see that the volume started to decrease. I would bet that we could see a correction to 0.00026-0.00027 (assuming that BTC is on the flat run for a while). I've just unloaded my coins at 0.0003047 and hope to pick them up in the range of...
I've closed my short (from 10470), changed my mind for a while: looks like more likely we try to test 10900-11000 and then I will think again about short. Although it looks like we are now in rising wedge that may follow by a move down to 9900-10200 once again... On another hand we may have a Reverse H&S pattern. I vote for the last one for now. But who knows?
BTC is inside a big triangle and at the same time is inside a smaller one (descending). A bit of creativity ), and we could see a famous Wolf's pattern starting with the Wave1-2, then followed by two lower lows :3 and 5 (with Sweet zone for those who was brave enought to go long). As per Wolf we should see BTC reaches 1st target 10500, 2nd 11150. I personally...
Sure, the market could go other way :) . Or it could follow the Wolf's waves pattern for now (up to Sep.11-15)- it will be my choice.
1st target - 235...245.
Ether has enermous potential despite the market current attitude. Just try to understand its defi platforms (decentralized finance) ...
Atom has been traded in a range 3682/4116 for almost 3 weeks (accumulation period). Several times support was tested.
Now, it could be ATOM's turn to go up.
1st Trgt - 4099,
2nd - 4500 (I vote for the 2nd) :)