An inverse head and shoulders pattern looks to have been forming on the daily chart for ATOMBTC. It looks like the neckline has finally broken today.
If the rules of the head and shoulder pattern hold (as of course, no pattern is guaranteed), it looks like there are still some potential returns possible if bitcoin continues its upward trend (as indicated by the dotted blue lines).
If the rules of the head and shoulder pattern hold (as of course, no pattern is guaranteed), it looks like there are still some potential returns possible if bitcoin continues its upward trend (as indicated by the dotted blue lines).