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ATOM M PATTERN FORMING

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Cosmos / TetherUS (BINANCE:ATOMUSDT)  
vf_investment  
BINANCE:ATOMUSDT   Cosmos / TetherUS
Trend Analysis Chart Patterns Technical Indicators ATOM ATOMUSD atomlong atomusdlong atombuy atomusdbuy atomlongposition atomusdlongposition atombuysignal
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trendanalysis chartpattern indicator atom atomusd atomlong atomusdlong atombuy atomusdbuy atomlongposition atomusdlongposition atombuysignal
In a monthly chart we already finished 1-5 Elliot wave, on a weekly ABC correction. going trough lower time frames we saw market starting to form M Pattern in 1h time frame. right now market started consolidating in a 50% fib and institutional zone and since we saw ABC correction we should see bounce to the top of M pattern and after that retrace back to the bottom.

Entry: We can enter now 30.63 or wait for a retracement to a buy zone at 30.

Invalidation: 29.5 (Just below buy zone)

Target 1: 33 (Top of M pattern, and a sell zone indicated by institutional candle)
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