Hi guys spotted Potential huge BEARISH CRAB on Atom with price already moving in a typical uptrend and holding firm I expect it to continue rising with targets towards 0.00112-0.00127 zone which is about 80% profit from our immediate buy back zone.
I spotted potential TWO(2) buy back zone with the first zone to be taken with respect to Elliot wave as...
ATOM one of the most successful project on Binance, and this exchange list this project for free. Whose name speaks for itself and its potential for growth is enormous. After start trtading in exchange, the project fell in price and formed reversal pattern - falling wedge. Now formed a bullish triangle with a breakthrough potential up to the next level of fibonacci. 0.0007
AtomBtc started trading with rising channel which break down after a completion of first wave cycle. Presently it is in correction like move and this brings about the idea of BAT.
Longing at the end of the BAT leg with tight stop loss will be a good idea, but stop loss must be well respected as many newly altcoins listed on Binance recently do perform poorly.
Looking like a great position. We broke from a descending wedge and gained some reliable support on the way back up.
Could face some resistance from the lines marked out.
One good pump on volume could get us to the target.