ATOM / USD 5 Waves down wait for the wave 4 long play

5 waves down here we are about to hit a possible 1.618 wave 3 that doesn't mean it cannot go past 1.618. If we see support here not a bad idea for a play for a possible 50-80% depending on how the wave 4 retrace we get .

long near 1.618 area sell longterm. wait for confirmations

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still on tack ignore the wick that's a tv Error with Kraken

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hit a possible target but we could just as easy hit 2.618 or 2.236 waiting on confirmation signal for me don't get trapped in a low volume coin without confirmation.

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could see this

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2

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3 so keep ur eyes out

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obv our main idea too at our current price

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re looking at this we have a few options we break above 1.618 and this area is still our 3 since its never to the point but, here are a few alts I have been looking at since we lack much data to base anything on

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we could s be in an ABC down to start

This could be our real 5 down

Or lastly, we could just ext to 2.0 and 0.236 on our 4/5 which is are but its a situation.

ABC seems most logical if we go down much more though in this case

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we seem to be attempting to recover back to the 1.618 level if we do and hold it that proves our 3 was here and we are going to move onto our 4 remember levels are never to the exact point but within a given area range

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3 looks valid just went down to 2.236 instead of 1.618 original 5 waves are still on

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updated waves 2 counts

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count 1 updated our original to the tiny retrace under 1.618

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count 2

I like count 2 has 3 as its 3.236 ext but its 1/2 are kinda weird with how much it retraced almost a full but no rules broken im leaning for count 1 still since its near the original idea

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almost there wave update

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Looks like .236 ect for our 4 was away for a few days but my st l sold near 3.15 taking my 45-75% profits and watch the fall from here good trades traders

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