EWFcw

ATOMUSD - Elliottwave analysis - Bear case

COINBASE:ATOMUSD   Cosmos
ATOMUSD - It was in overall down trend and completed double zigzag correction. The drop is having different EW structures, but overall bearish counts seems dominating. Sell with stops above 5.662 near 5.45-5.51 for C wave down side target below 5.00 level. This is the simple abc zigzag pattern of corrective downn cycle.

Give thumbs up if you really like the trade idea.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.