So there are many pairs you can trade in the cypto markets. BTC/ ETH/ USDT/ ETC..... This one in particular is Atom/ETH Eth seems to be pulling back, and if you look at some ETH alt pairs they are holding well and or bouncing. This means money from BTC and ETH might start flowing into midcaps, then into smaller caps. ATOM ETH is one i have been keeping my eyes on. Currently on the 4 hrs looks to be forming an IHS. If i am not mistaken it is already above the resistance line and if it holds support here for a while or breaks out, then i think the chart will speak for itself.
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Support confirmed
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Taking profit here, ETH looks like its going to bounce. Expecting a drop on ATOM/ETH now since ETH is showing strength.