I think we can expect at least one more step up from Atrium for the following reasons:
1- The fear index has reached its peak and according to Warren Buffett, when people are afraid, you buy and when they are greedy, sell.
2- We have reached an important support area in the weekly time frame, and in addition, the price is in a very good place for big investors and whales to buy.
3- The trend in weekly timeframe is still upward and is at the bottom of the channel and a wedge pattern is probably formed.
I entered the price of 2544 with a part of my capital and I am waiting to see an ascending structure in the daily time frame to enter with more capital, and if no ascending structure is observed, I will enter the next steps at lower prices and lower the average. The next steps can be at the prices of $ 1400 and $ 800 and finally $ 350.
1- The fear index has reached its peak and according to Warren Buffett, when people are afraid, you buy and when they are greedy, sell.
2- We have reached an important support area in the weekly time frame, and in addition, the price is in a very good place for big investors and whales to buy.
3- The trend in weekly timeframe is still upward and is at the bottom of the channel and a wedge pattern is probably formed.
I entered the price of 2544 with a part of my capital and I am waiting to see an ascending structure in the daily time frame to enter with more capital, and if no ascending structure is observed, I will enter the next steps at lower prices and lower the average. The next steps can be at the prices of $ 1400 and $ 800 and finally $ 350.