ðĨ ATOM Weekly Triangle Break Out Confirmed: Gains Ahead
Ever since ATOM bottomed in June last year, this token has been trading inside a massive triangle pattern, marked by higher-lows and lower-highs.
However, with Bitcoin breaking through 20k, ATOM has finally found the confidence to break out of this consolidation pattern. Furthermore, ATOM has retested the resistance as support, which is classically a very bullish thing to occur.
In my view, we're going to see a continued move up. Targets in blue.
However, with Bitcoin breaking through 20k, ATOM has finally found the confidence to break out of this consolidation pattern. Furthermore, ATOM has retested the resistance as support, which is classically a very bullish thing to occur.
In my view, we're going to see a continued move up. Targets in blue.
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