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kvnmichael04
May 2, 2023 7:53 AM

Patience/Conviction holding/buying $ATOM right now(LONG) Long

Cosmos / United States DollarCoinbase

Description

been watching this Inverse h&s pattern forming over the last several months. I hear Inverse H&S patterns usually happen on a reversal. Well, we been bearish for a long time, so maybe the trend is reversing and this pattern will confirm so and thus start of a bullrun on ATOM?

Left shoulder formed(Sept.-Oct.). Head Formed(Nov-Jan). Right shoulder(Feb-Now) is looking over halfway formed right about now, neckline still in tact.... pattern should be validated once price gets over $13.50-HKEX:14 area. should breakout to the 20$ zone if validated.

invalidated if price drops below HKEX:9
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