Trading View April 2, 2022

Rounded Bottom & Downtrend Break

ATOM/USD COINBASE:ATOMUSD

RTrader20

ATOM breaking the downtrend on pretty strong volume . Nice rounded bottom this time around for a possible “Adam & Eve” double bottom . Much better symmetry the past couple months as supply gets digested more constructively. Let’s see if we can get over the $35-37 resistance.

This coin has frustrated many longs and has likely shaken out all the weak hands by now. Those that remain are strong hand, long-term holders and shorts will try to fade this. Makes me think we actually go to ATHs and rip higher than everyone thinks.

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