🔥 ATOM Rising Wedge Bullish Break Out Soon
Over the last two weeks or so, ATOM has been slightly trading upwards, forming a rising wedge in the process. Rising wedges are classically bearish reversal patterns, but since the market is most definitely bullish, I'm not looking for a bearish entry, but for a bullish one instead.
A patient trader will wait for a confirmed break out through the top resistance of the pattern.
Decided to keep the targets close since it's a bearish pattern, after all. See blue lines.
A patient trader will wait for a confirmed break out through the top resistance of the pattern.
Decided to keep the targets close since it's a bearish pattern, after all. See blue lines.
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