ATOM has been trading inside a bearish channel since the start of September. However, with BTC and ETH appearing bullish over the last couple of days, ATOM has finally broken out of the bearish phase and has confirmed the bull-flag pattern.
In my view, ATOM is one of the strong alts of the last months, and will likely see more gains in the coming months/weeks.
For now, I keep my targets relatively close. See blue lines.