Solldy

ATOMUSD ❕ downward channel

Short
BINANCE:ATOMUSDT   Cosmos / TetherUS
ATOM is moving in a descending channel and now the price is approaching the upper boundary of the ascending channel.
I expect the asset to decline if the price is able to consolidate below the upper boundary of the uptrend channel.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.