$20 Atom approaching. Inverted H&S just about confirmed! While everyone else was freaking out last week with BTC fall from 22-23k, the rest of the market dipped also....everyone always gets so short sighted. I knew the dump was going to be temp as long as we stayed above 17.5k(keeping the higher low trend going)...remember that starting in January we shot from 17.5k up to 25k....slowly consolidated down to high 19s-Low 20s to build solid support above previous support of 17.5k...
So now, from here on out, as long as we stay above 19-20k on the next dip then we are still building Higher Lows.
We also built a higher high as well as 25k was previous resistance and we breached that today almost to 27k!...so we just set a higher high in addition to a higher low...BULLISH.
ATOM IS JUST FOLLOWING BTC.
Atom will soon be @20$ once we break the neckline of the Inverted H&S