Atomic wallet token AWC - Analysis

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Hello, I wanted to tell you about a crypto that is going up which I find interesting, it is in discovery of price. Many people do not like to buy at this time there and prefer to catch the low points. interesting in the price discovery situation is that there is no resistance, there are only supports.

 

This crypto is AWC, the crypto of Atomic wallet, which currently on their wallet gives 20% interest a year.

 

Graphically speaking, it's interesting, there is volume when we broke on the upside. It is true that it is a little creepy to take positions in this kind of situation, because the market can turn around , but it can also do the opposite and go up for a while, especially when a crypto is not put forward too much by influencers.

 

 

With Ichimoku, the signals are also green, we are above the cloud, and the Kijun too, but beware, it comes into contact with the price. The RSI stock is on a low point, so on a buying area.

 

 

 

 

 

Yesterday I polled on Twitter by not putting the name of the asset but just the graph, I did not have many answers, but overall 100% of the responses were not ready to buy this graph .

 

 

 

This did not surprise me, because generally as I wrote above people prefer to buy low points. The problem when you buy low points without signals, you never know if you have taken the low point or not. While if we are in an uptrend, you are as a buyer already in the direction of the underlying trend and you just have to watch for a turnaround. For example, investors on Ripple XRP have been waiting two years for it to turn around and despair can take over and make them sell at the worst possible time with losses.

Regulation and Society adoption

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