Cosmos (ATOM) is at a support zone right now. If the trend continues, which I imagine it will, it has a high probability that it will continue from this support zone.
Happy Trading,
-Sherem
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BOOOMMMM
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Until we break this blue trendline, we can hang on. It's still slowly grinding higher
Has atom failed ? Could not break previous high and pulling back hard. If it goes below 3.20 I’m not sure what to do. Ps. That’s for the Tezos tips
Sherem
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@nicsalmon, No, still valid and still above the trendline. if you entered in my support zone you should be in profit
nicsal
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@Sherem I was / semi still am but we have set a lower high on the daily and if this week doesn’t close strong it’s not looking great to me / the time frame taking longer to kick up than expected is concerning. Are you hanging on?
Sherem
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@nicsalmon, Yes, go back to October 15th, similar pattern before another major leg up
nicsal
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Still long sherem? I have no idea which way we go from here. Sitting between the 50 and 100MA on the 4 hour
Sherem
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@nicsalmon, Still long.
nicsal
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@nicsal hey sherem is Atom still bullish or has it done its thing? Nice bullish hammer candle to close the day and roughly the bottom of the ascending channel.