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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