ReasonablePartner

ReasonablePartner

BTC has run in a clear channel since at least 2015. The green channel shown represents the target channel for the natural growth rate of BTC. Every time it has left that channel and run in the red (to either side), it has been put back in its place. Consider the 2017-18 bull market. It is shown here that we did not experience a crypto winter as much as we went...

ReasonablePartner

I think this is a plausible route for Atom to take for the rest of this year. An obvious cup is now looking for a handle. I expect that it will continue moving up for at least a few more days before starting the move down. It could drop all the way back to 18$ based on previously established supports. That move would typically be followed by a jump to a new ATH ....