ATOM made significant gains in the early half of last year, having performed exceptionally well in 2020 reaching a top of 9$ from 1.16 lows in MARCH 2020. The coin made major moves whilst other coins didn't make relative gains however since AUGUST 2020 it has been correcting since its high at 9$ for quite some time, and has been in a strong zone of accumulation which may drive the price up once the key level of 6.45$ is broken which is the pivotal level for the genesis of the next market cycle up.
Even more intriguing is that TEZOS and CHAINLINK seem to be highly correlated, having all 3 coins experiencing major moves last year at the same time and have been correcting for some time since highs in around AUGUST 2020 and now all 3 coins look primed for strong gains ahead.
TARGETS:
0.5 fib - 12$
0.618 fib - 15.32$
0.786 fib - 21.7$
1:1 fib - 33.80$
12-15$ is a reasonable level to take profit, above all time high we are moving into uncharted waters which begs the possibility of an extended 5th wave hence 12-15 is conservative imo. Trade with caution!
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Even more intriguing is that TEZOS and CHAINLINK seem to be highly correlated, having all 3 coins experiencing major moves last year at the same time and have been correcting for some time since highs in around AUGUST 2020 and now all 3 coins look primed for strong gains ahead.
TARGETS:
0.5 fib - 12$
0.618 fib - 15.32$
0.786 fib - 21.7$
1:1 fib - 33.80$
12-15$ is a reasonable level to take profit, above all time high we are moving into uncharted waters which begs the possibility of an extended 5th wave hence 12-15 is conservative imo. Trade with caution!
Please like and follow for more content.