Monitoring the expected wave outlook for the digital currency #ATOMUSD 🇺🇸 in the 4-hour timeframe
✨ A reversal on the horizon ⚡️
The current movement of the pair indicates the nearing end of the corrective wave👌, as the price has reached the targeted areas through an extended flat pattern, which enhances the probability of forming a diagonal wave structure that drives towards a bullish reversal. 🚀
💥 To confirm the bullish scenario 📈:
1. A strong breakout of a key level that reinforces bullish momentum.
2. A breakout of the upper boundary of the diagonal pattern through a clear impulsive wave.
If the bullish reversal is confirmed, we may witness the formation of an impulsive wave structure that leads the price towards achieving a new peak, targeting:
- level 5.046 as an initial target and ideally up to level 5.780.
- The possibility of the rise developing to higher levels depending on momentum.
💡 Monitoring the breakout of key levels is essential to ensure the enhancement of the bullish outlook and support the upcoming positive movement.🔥