Cosmos / Bitcoin

Cosmos ATOM

241
[ATOMBTC]
It is located above the upward trend line and is near the 0.0004725 branch, which is a diverging point between rising and falling.

If it falls, it is likely to touch the upward trend line and the 0.0004000 point.
However, even 20MA could fall.

[ATOMUSDT]
It is supported at 2.944, a point that must be kept to climb.
The BTC's movement could break the 2.944 spot.
You should check if you can ascend to 3.415, a safe point.

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Due to the plunge in BTC, the chart on the BTC market is very different from the USDT and USD charts.
In this case, I think you should trade with reference to BTC market.

As it is located in a good spot, if the price of BTC is calm, it is expected to rise further (0.0007055).

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