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karisma_619

ATOM showing a W followed by an M pattern

Short
ATOMUSDT SPOT (BYBIT:ATOMUSDT)  
karisma_619 Updated   
BYBIT:ATOMUSDT   ATOMUSDT SPOT
Harmonic Patterns Trend Analysis ATOM ATOMUSDT ATOMUSD ATOMBTC Cryptocurrency trading
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harmonicpatterns trendanalysis atom atomusdt atomusd atombtc cryptocurrency trading
as we can see on the chart price is forming harmonic patterns one after another, both on higher time frames and lower time frames.

I'm expecting a drop from the daily resistance zone.


please like and share this idea.

NFA DYOR
Comment:
we want to see a daily close below 7.77 for assurance that this analysis is valid. right now i think the probability is around 65%
Comment:
a daily close above 8.23 would complicate the analysis. I personally would close 50% of the position if this happens.
Trade closed: stop reached
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