While Bitcoin has been already reversed for the bear market continuation ATOM has the great change to show some inpulse to the upside. Why I so believe in this asset? The answer is quite simple - Elliott waves structure.
We have already seen 5 EW impulse to the upside and current decrease looks like a correction. 0.61 Fibonacci level in conjunction with the bullish reversal bar is a great sign that correction is over and ATOM can go to the new highs.