Moemony

Harmonic Pattern- DEEP CRAB - A great example on ATOM WEEKLY

Long
COINBASE:ATOMUSD   Cosmos
You can't get better than anything at this level when it comes to Harmonic pattern, it is complete Deep Crab pattern at 1.618 extension which also sits at a critical support level if u were to look back in time. That is price action has been respecting the support zone at D for quite some time. RSI has been sitting oversold same as Stochastic RSI, they have bottomed out, MACD is slowly becoming positive. On a weekly perspective this is a good set up for a green week- of course only when BTC dumps things are otherwise.

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