ATOM exited the descending channel and at the same time returned to the ascending channel.
Trading volumes show interest in price growth.
The asset is above liquidity.
Locally, volatility has declined.
The price broke through the upside of the 100MA (4H TF).
Main MAs are bullish (1H TF)
Price is in the overbought zone of the BB indicator (4H TF)
TD Sequential has formed a reversal signal downwards (1H TF)
Price and RSI show bearish divergence (30m TF)
ATOM now has a good chance to go up, but from the current state we can expect a correction to follow, so I am considering a short if it fixes under the support level.
Trading volumes show interest in price growth.
The asset is above liquidity.
Locally, volatility has declined.
The price broke through the upside of the 100MA (4H TF).
Main MAs are bullish (1H TF)
Price is in the overbought zone of the BB indicator (4H TF)
TD Sequential has formed a reversal signal downwards (1H TF)
Price and RSI show bearish divergence (30m TF)
ATOM now has a good chance to go up, but from the current state we can expect a correction to follow, so I am considering a short if it fixes under the support level.
