ðĨ ATOM 2-Year Bullish Channel: One More Push
Over the course of two years, ATOM has formed a massive bullish channel pattern on the chart.
With ATOM trading horizontally for 2 months now, I'm expecting the price to break out of this stalemate in the coming days/weeks. The market is relatively bullish, bot ATOM is just not seeing any of it. In my view, we're currently seeing a period of accumulation.
My longer-term target for this token is based in the yellow marked area, around the top of the channel. Depending on bullish volatility, the price can rise another 100% to 200% in the coming months.
Happy trading!
With ATOM trading horizontally for 2 months now, I'm expecting the price to break out of this stalemate in the coming days/weeks. The market is relatively bullish, bot ATOM is just not seeing any of it. In my view, we're currently seeing a period of accumulation.
My longer-term target for this token is based in the yellow marked area, around the top of the channel. Depending on bullish volatility, the price can rise another 100% to 200% in the coming months.
Happy trading!
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