Cosmos
Long

ATOM-USD FILLED CUP & SHORT TERM PRICE TARGETS

Atom has been accumulating in the area below 16th Feb's ATH and has formed a typical Cup that has just been filled. I expect the formation of a complete handle, before setting up for new ATH. But it might go directly up as the previous movement in February.
My targets in the short-medium term, considering $27 as the neck line, are:
1. + 60% up to $43
2. + 80% up to $48.5
The case of a bearish scenario would be below the blue trend line around $20-21.
Chart PatternsTechnical IndicatorsTrend Analysis

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