b_chain

ATOM is in Sweet zone for Short before going UP

Short
KRAKEN:ATOMBTC   Cosmos / Bitcoin
It was a nice rally for ATOM: ATOM/BTC has already done about 100% over the month run (from 5/9/2019). Now, it looks like a Wolf's wave pattern appeared. Well, there are not much of us these days who believe/look at the waves pattern. We prefer to look at critical support and resistance levels the price tends to follow. Anyway, if we are to follow famous Wolf's pattern then we should see in nearest time the drop to at least 0.00026 atom/btc area or even lower to 0.0002. RSI still has some potential for further rise - that's true! But I will take a bet for a drop and try to catch the coin lower. Atom is among the promising ones :)
I will take at 0.00026-27 and then sell at 0.00039-0.0004 as a 1st target, 2nd will be a 0.0005.
Do your own research ^)
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