ATOM - vivid decline on the 4H chart
Even though the rate of ATOM has almost not changed since yesterday, the general picture remains bearish.
On the 4H chart, the quotes have been located sideways since mid-July. However, the nearest price scenario is bearish, as trading volume has dropped. What is more, the lines of the MACD indicator are moving downward, suggesting the price decline. In this regard, ATOM might rollback to the level of 0.00036 BTC in a few days.
On the 4H chart, the quotes have been located sideways since mid-July. However, the nearest price scenario is bearish, as trading volume has dropped. What is more, the lines of the MACD indicator are moving downward, suggesting the price decline. In this regard, ATOM might rollback to the level of 0.00036 BTC in a few days.
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