$ATOM outlook - 17.02.22
Analysis
Trade safe, due diligence is advised!
atomusdt
- The correction on the LTFs is almost over, expecting a new wave up. If we take a look at the 4H RSI, we have a bullish a strong bullish divergence.
- The drop correction will likely end at the red line, that makes a decent retracement already, but have two other fib retracement levels(white lines) as potential support for a relatively good reversal
- Will wait for wave 1 and 2 to fully develop after which I can come up with the remaining 3 waves.
Trade safe, due diligence is advised!
atomusdt
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