FieryTrading

🔥 ATOM Dropping Like A Rock: Triangle Break Out

Short
BINANCE:ATOMUSDT   Cosmos / TetherUS
ATOM has been leading the bearish pack over the last few weeks. Where most alts saw some minor pumps or flat periods, ATOM has been going down all the time.

As popular theory suggests, sell the losers and buy the winners. So, we're scouting a short-entry for ATOM.

ATOM is rapidly advancing towards the bottom support of the triangle pattern. Personally, I'm waiting for a break out before considering a short. Patience is key.

Short-term targets in blue

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