cyclewave

ATOMUSD - Elliottwave analysis - Bear case

COINBASE:ATOMUSD   ATOM/USD
ATOMUSD - It was in overall down trend and completed double zigzag correction. The drop is having different EW structures, but overall bearish counts seems dominating. Sell with stops above 5.662 near 5.45-5.51 for C wave down side target below 5.00 level. This is the simple abc zigzag pattern of corrective downn cycle.

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