AFTER REACHING ITS MONTHLY LOW SINCE AUGUST 2020, WHAT COMES NEXT FOR $ATOM?
Therefore, you're in the ideal place if you're searching for a thorough analysis of ATOM.
This is the reason.
A number of bearish monthly candlesticks that ATOM has produced suggest a significant drop and rejection from the crucial levels 12–14. According to this, ATOM may eventually return to its monthly lows from 2020 if it continues on its current trajectory. We were also setting up lengthy positions that would finally capture ATOM's sharp descending knife at the same time. With the latest drop-bounce, we were able to secure a profit of 2.86% and 6.16% since we considered the critical levels 2-4 as a major foothold for ATOM. As of right now, ATOM is still undecided about a complete breakdown. For our intraday and swing trades, we are using this chance to open more long positions. As one of the buyers trying to get the lowest price of ATOM, we will profit more the longer this coin maintains these crucial levels.
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Stay wise, trade cautiously.