ATOM to $30

3月24日

On the above 6 day chart price action has corrected 90% since early 2022. A number of reasons now exist to be long, they include:

1) A trend change in RSI. In fact the first higher low to print since exiting the downtrend in June 2020.

2) Regular bullish divergence as measured over 3 months.

3) Double bottom print on legacy support.

4) The bull flag forecasts price action to the late $30 area perhaps $38.

Is it possible price action continues correcting? Sure.
Is it probable? No.

Ww

3月24日

交易進行

Active on publication.