mikedargham

ATOM ANALYSIS

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BINANCE:ATOMUSD.P   ATOM Perpetual Futures Contract
On the 4 hours time frame of ATOMUSDT, the price is forming a rising broadening wedge which may indicate a continuation of the drop if we broke the support downwards.

Take a look at the Bollinger indicator it is shrinking which gives us more indication that a big movement in the price is going to happen
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A 4 hours candle did close below the support line
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