Hello, Skyrexians!
As we shared with you earlier we suppose that the last bearish wave will happen for all altcoins in April and ATOM is not the exception. Despite the growth against the market the waves order shall be remained and we will finally see this dump.
Let’s take a look at the daily chart. You can tell us that wave 5 has been already finished recently and now this is bull run but pay attention that Awesome oscillator has not crossed the zero line. It means that it was wave 5 inside wave 3. Now price is in wave 4 and entering the target area. The most optimistic scenario if price will reach $5.7 at 0.38 Fibonacci retracement, but it can reverse even now as well. Finally it will reach $2.5-3.5 in the wave 5 in April.
Best regards,
Skyrexio Team
