ZenTradesRW

Rising Wedge

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COINBASE:ATOMUSD   Cosmos
ATOM broke out of the downtrending channel and forming a rising wedge on the 4hr timeframe. Bearish RSI divergence in play as well.

Potential for a breakdown and retest of the channel.
評論:
Rising wedge breakdown continues to play out. May sweep the lows near $25, which could be a spot to punt a long. ATOM has a habit of rising too quickly up the right side. Best to avoid those until they backfill
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