MrWorld

ATOM looking for some relief bull push

Long
BINANCE:ATOMUSD.P   ATOM Perpetual Futures Contract
ATOM, just like most other coins still has a bearish market structure on the daily timeframe. But 4H is successfully holding a bullish market structure. I'm expecting a push upwards towards the golden pocket of the recent downward move, peaking at max at $15.

We might see a range shift afterwards, meaning a confirmation of the current overall bottom, but I am expecting another push to the lows, since most coins are building up a massive hidden bear divergence.

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