Rounded Bottom & Downtrend Break
ATOM/USD COINBASE:ATOMUSD
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.
