Atom Update!!

Atom is following fib extensions with extreme accuracy as well as the Original Pitchfork following the up trend. Atom is going up in a corrective fashion in a WXY count finding resistance at each fib level; in order for us to keep moving up we need BTC to move up and will ultimately depend on how BTC travels. In the event that BTC does continue up ATOM has a good chance to make it to the 1.618 fib level with confluence of the Upper median line of the Pitchfork at around 12.90.

We found support at the 4 hr 50 MA which we have reversed at and seem to be continuing up.

A bullish sign would be getting back above the Median line and taking out the 1.236 fib level where we found resistance with good volume.

Targets 9.700% and then 12.900$

Take Care and remember to take profits in the case of a move up.