ATOMUSD - a native token of Cosmos blockchain, is preparing for the breakout and building at the upper border of a consolidation. A large triangle is completing at the long-term support area. As BTC and ETH are displaying growth, but other cryptocurrencies, such as ATOM, still lay at the support area, we may observe a rotation from flagship cryptos to undervalued ones.
ATOM is one of the largest markets with a more than 3 billion market cap, one of the high-quality instruments, along with Solana and similar assets.
Breakout usually represents a good asymmetrical trading opportunity with low risk and extended reward.
Don't forget - this is just the idea, do your own research and never forget to manage your risk.
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