After a good run ATOM is consolidating/falling and can bounce. Everything depends on BTC. Predicting a rejection on the FIB 0.5 level and a bounce on the FIB 0.382 level. Invalidation if the wedge breaks down. And if the 0.382 level doesn't hold. Both scenarios will signal a drop to the FIB 0.236 level. Invalidation if the trend breaks up. A clean break above the 0.5 level. If this happens without the bounce around the 0.382 level expect a quick selloff IMO. DYOR I will long the 0.382 with tight stop-loss. Orange lines - FIB White lines - Past support/resistance Good trading for all.