Watch ATOM's interaction with the MA200. I initiated a long on MATIC based on the MA200 yesterday, but with ATOM, there are a lot more fake-outs. I'd like to see ATOM move higher in the coming days and drop down for a retest of it in about a week. I believe BTC will have a correction in the coming days here, so if ATOM can hold the MA200, it will be a strong signal.
Kommentar:
Just transferred some funds from an ETH long into ATOM as ETH is at the MA200
Kommentar:
I think we might be a bit overextended right now. Transferring funds back to ETH.