🔥 ATOM Massive Channel: Ideal Reversal Point Soon

ATOM has been trading inside this massive bullish channel since the Corona sell-off early in 2020.

With the crypto markets turning more bearish by the day, there's a decent chance that ATOM will reach the area around the channel's support in the coming days/week. See yellow area.

This area would be ideal for a potential reversal trade with a high expected return. However, keep a close eye on Bitcoin. As long as BTC is bearish, expect ATOM's price to fall right through the channel.

Happy trading!