ATOM Ready for the next bullish move ?

Hello traders:

Similar like Binance Coin price action, we see here on ATOMUSD is also in a larger consolidation correction, and could lead into the next bullish impulsive phrase.

We can see price has already made a strong move to the upside, and naturally we can expect a deeper continuation correction.

We see there are a few swing highs and lows, and nice price is at the top of the structure now.

Even though I am expecting the bullish move to continue, I will wait for either a confirm breakout from the price and LTF continuation
or
Price may make another corrective move down to the bottom of the structure and then the reversal up move.

Thank you

評論: