$ATOM has been down trending for several weeks, forming a descending triangle . Now price reached support at $23.5 but everything is in $BTC hands.
If you look at the RSI you can see a bullish divergence forming but this is not enough, waiting for more conformations.
I will only go long after a bounce from support with bullish volume followed by a breakout of the triangle’s resistance!
I will only go short if price broke below support with huge selling volume:
Be reactive not predictive 🙂