#ATOM

$ATOM

#ATOM

Hello everyone!

I decided to analyze where the best entry point for a long position in the ATOM coin might be.

In my opinion, the optimal level for buying is 4.430, as it seems to be the most reliable from a technical analysis perspective. However, it is also possible that a bounce could occur from the first important level — 4.945.

If you are not in a position yet and plan to enter a short, it is also possible to enter at the current values and set a stop-loss at the level of 5.436.

If the level of 5.417 is broken and there is a consolidation on the higher timeframe 4H, then we are more likely to go to the next resistance level of 6.293.

❗️Important: when opening a trade, be sure to follow risk management — entry no more than 3% of the deposit.

People, give more activity, if you have questions, feel free to ask.

Author @danilyashchuk