USD

AED

AFN

ALL

AMD

ANG

AOA

ARS

AUD

AWG

AZN

BAM

BBD

BDT

BGN

BHD

BIF

BMD

BND

BOB

BRL

BTN

BWP

BYN

BZD

CAD

CDF

CHF

CLF

CLP

CNH

CNY

COP

CRC

CUC

CUP

CVE

CZK

DJF

DKK

DOP

DZD

EGP

ERN

ETB

EUR

FJD

FKP

GBP

GEL

GHS

GIP

GMD

GNF

GTQ

GYD

HKD

HNL

HRK

HTG

HUF

IDR

ILS

IMP

INR

ISK

JMD

JOD

JPY

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

LAK

LBP

LKR

LRD

LSL

LYD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MRU

MUR

MRU

MUR

MVR

MWK

MVR

MWK

MXN

MYR

MXN

MYR

MZN

NAD

MZN

NAD

NGN

NIO

NGN

NIO

NOK

NPR

NOK

NPR

NZD

OMR

NZD

OMR

PAB

PEN

PAB

PEN

PGK

PHP

PGK

PHP

PKR

PLN

PKR

PLN

PYG

QAR

PYG

QAR

RON

RSD

RON

RSD

RUB

RWF

RUB

RWF

SAR

SBD

SAR

SBD

SCR

SDG

SCR

SDG

SEK

SGD

SEK

SGD

SHP

SLL

SHP

SLL

SRD

SSP

SRD

SSP

STD

STN

STD

STN

SVC

SYP

SVC

SYP

SZL

THB

SZL

THB

TJS

TMT

TJS

TMT

TND

TOP

TND

TOP

TRY

TTD

TRY

TTD

TWD

TZS

TWD

TZS

UAH

UGX

UAH

UGX

UYU

UZS

UYU

UZS

VES

VND

VES

VND

VUV

WST

VUV

WST

ZAR

ZMW

ZAR

ZMW

ZWL

Cryptoknowmics 2022-06-24 15:32:37

ATOM Technical Analysis: The Risk Of Falling To $4.3 Is Still Present

The positive confidence in ATOM cryptocurrency investors has been shaken since 6 June. Sellers managed to push the ATOM price below the most important liquidity zone of $8.7. In the previous article, we showed the importance of this range in the history of trading. Now, the $8.7 range is controlled by sellers. Good news! After breaking the $8.7 range, the ATOM fall did not accelerate significantly. Yes, the price continued to fall, but during the trading week of 13 June, buyers spent a lot of resources and terribly closed the weekly candle. Source: https://www.tradingview.com/x/DrzdkBmw/ Increased trading volumes and the formation of a pin down on the weekly candle indicate the presence of buyers and the willingness to defend ATOM with limited purchase orders. However, slowing down the price does not mean taking the initiative. Until the ATOM price is fixed above $8.7 on the weekly timeframe – we do not recommend buying this cryptocurrency. There is a high risk that the ATOM will continue to fall to $4.3. From this range, buying an ATOM with a target of $8.7 will be quite safe. But, not before. ATOM Technical Analysis On The Daily Timeframe Source: https://www.tradingview.com/x/ooy32DEW/ Analyzing the movement of the ATOM price on the daily timeframe, we can see that the fall wave has moved to a new trend channel. Sellers do not have enough strength to continue the rapid ATOM fall. Therefore, buyers began to organize deep pric...

Related News

DOGE, PEPE & BUDZ: Dogecoin Investment Tips As PEP...
16 Apr 2024
Top Trader Diverts From Trading Polygon (MATIC) Du...
16 Apr 2024
Dogecoin Insider Notes: DOGE Prices Falls As New D...
16 Apr 2024
Bitcoin Price Analysis: BTC Price May Experience a...
16 Apr 2024
SHIB Community Burns Record 774M Tokens: How Will...
16 Apr 2024
Are The Top Meme Coins Going Back in Hibernation?
16 Apr 2024

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

ATOM Technical Analysis: The Risk Of Falling To $4.3 Is Still Present

Most Read News

Related News