Cosmos (ATOM): Possible Bullish Momentum To Catch | +25% / +50%

11 apr

Cosmos coin is in a sideways channel where if we zoom in we are seeing some signs of a reversed head & shoulder pattern.

Now ideally we would look for the first CME gap to be filled here; once we see a bullish overtake of local resistance there, we will be looking for a fill of the upper CME as well.

Long way to go and for more confirmations, we need to see a proper MSB to form on 30m timeframes near the local support zone so we're watching it closely.

If we see the selling pressure continue below the support, then we will be looking for more dip!

Swallow Academy

7 giorni fa

Trade chiuso: obiettivo raggiunto