FieryTrading

🔥 ATOM Rising Wedge Bullish Break Out Soon

Long
BINANCE:ATOMUSDT   Cosmos / TetherUS
Over the last two weeks or so, ATOM has been slightly trading upwards, forming a rising wedge in the process. Rising wedges are classically bearish reversal patterns, but since the market is most definitely bullish, I'm not looking for a bearish entry, but for a bullish one instead.

A patient trader will wait for a confirmed break out through the top resistance of the pattern.

Decided to keep the targets close since it's a bearish pattern, after all. See blue lines.

🎯Official Channel: t.me/FieryTradingChannel

📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free

✅Monster Signals: t.me/monster_cryptosignals

🔥Premium Signals: www.fierytrading.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.