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Crypto Patel
@CryptoPatel
· 1 year
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ATOM/USDT 4-hour chart:

Trend: Uptrend, supported by trading above the 200EMA.

Structure: Forming HHs/HLs

respecting a trendline as a reliable support.

Current Status: Rejection observed at the 200EMA

suggesting potential bullish momentum.

Expectation: Anticipating a bullish move from the current level to retest previous highs.

Outcome: Projecting a potential 10-30% return from the current price level.

#ATOM #cosmos #crypto

December 24, 2023 at 2:33 PM
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