Jnsane

#ATOMUSDT Bearish Bat - Hamornics

BINANCE:ATOMUSDT   Cosmos / TetherUS
Green box represents target, 88.6% fib a more exact target (but anywhere on green box could be done)!

There's a good confluence with harmonics and classic TA here...

- First of all ATOMUSDT broke up trend line and flipped S/R 23.6%
- Bearish OB on top is a perfect match with 88.6% fib - potential reversal point

If price crosses the current high (X) then this pattern should be invalid as that's where your stop-loss will be (above X) for a short setup once D is achieved.

Looks pretty solid and ATOM has history with Harmonics!
Comment: done

Comments

nice setup my friend! 🦐👌🏻
+1 Reply
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