#ATOM HAS NOW REACHED ITS MONTHLY LOW SINCE AUGUST 2020: WHAT'S NEXT?
If you're looking for an in-depth analysis of ATOM, then, you're in the right place.
Here's why.
ATOM has created several bearish monthly candlesticks indicating a high decline and rejection from the key levels 12-14. This has given us the idea that the further ATOM goes, it could eventually lead to it revisiting its previous monthly lows since 2020. As this happened, we were also preparing long positions that will eventually catch ATOM's sharp falling knife. Since we took the key levels 2-4 as a serious foothold for ATOM, we were able to secure a profit of 2.86% & 6.16% from the recent drop-bounce. Right now, as ATOM is still hesitant whether to fully breakdown or not. We're taking this opportunity to open more long positions for our intraday and swing trades. The more this token holds these key levels, the more we will take advantage as one of the buyers who are aiming to attain the least possible price of ATOM.
Stay wise, trade cautiously.
