Cosmos ATOM

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.


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).