Technical analysis by parissap about Symbol ATOM on 10/3/2022

#ATOM/USDT ATOM is inside a huge descending channel. 🐻 now price is rejected from the middle line of a channel which is the same with the long-term resistance zone, so it is possible that continue its downtrend to break down from support of $10 and touch the lower line of channel, than start a new rally. 🐮 but it price going to hold the support of $10, it will be an easy break out from resistance around $17 to touch the upper line of channel which is the middle line of bigger channel. in the long-term price can touch the upper line of the bigger channel. previous weekly analysis of COSMOS