It seems like a perfect rebound from a right HS shoulder and from Fib 0.78-1 retrace. Also, RSI is looking as a rebound. I am in favor of a long position ( as the is a positive sentiment to the crypto space). I would wait just a little more time for confirmation.
Additionally FIB 1 retrace is doubled by the trend line which gives extra strength.
Please feel free to share your opinion. Also, double-check the ATOM/BTC pair for extra confirmation.
Additionally FIB 1 retrace is doubled by the trend line which gives extra strength.
Please feel free to share your opinion. Also, double-check the ATOM/BTC pair for extra confirmation.