ATOM: Continue the band, ambush near 8U
Looking at ATOM, yesterday our view was to close the long position at $9.4, take profit, and return to wait and see. From the latest market price, we noticed:
1. The daily MACD golden cross within a few centimeters did not form in the end. Judging from the trajectory, there are signs of downward divergence, and the short-term long-short victory has been decided;
2. The price of ATOM fell below MA7;
3. The price of ATOM fell below the 4-hour MA90, and has no intention of taking it back;
ATOM's disk information shows that it is friendly to short sellers. In this case, there are two options, one is to remain empty, and the other is to ambush long orders at a suitable position. Since ATOM is a type with solid fundamentals, we still follow the ideas of past analysis. The bullish strategy is the main one, so I prefer strategy 2. The specific ambush position can be selected from the 7.8 to 8U range. Over time, this will gain support from the long-term uptrend line and the daily MA90.