$ATOM/BTC I no longer think we are in a parallel channel on this bounce and making fractals inside it. Price is broadening but still forming fractals. Could break down here but I expect a larger head and shoulders to form upward along support here maybe dipping below occasionally. Trendlines show possible targets on the upside.
I did the $ATOM/USD ascending channel properly on the weekly chart. Bulls, just please be careful at the top of the channel. I think price will go back there but there will be very strong resistance when it does.
