ATOM inverted head & shoulders and parallel channel
#ATOM/USDT
$ATOM is inside weekly ascending parallel channel, daily candle broke out from middle line but reached a descending resistance line that possible to reject the price to support zone between $32.5 and $28.7. if this rejection happen, an inverted head and shoulders pattern can shape then price continue its uptrend to upper line of channel that is the same with target of head and shoulders and also the same with 1.618 fib level of whole swing down.
$ATOM is inside weekly ascending parallel channel, daily candle broke out from middle line but reached a descending resistance line that possible to reject the price to support zone between $32.5 and $28.7. if this rejection happen, an inverted head and shoulders pattern can shape then price continue its uptrend to upper line of channel that is the same with target of head and shoulders and also the same with 1.618 fib level of whole swing down.
