ATOMUSDT Perpetual Contract
Short
Updated

Cosmos (ATOM): Looking For Break of Trend!

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Looking at Cosmos in smaller timeframe, we are looking at a smaller triangle formation where price is now testing that lower support zone, which may bounce or break this zone there.

We are looking for a repeat of history where each time the price touched that support, it also went to the liquidity zone as well.

So the game plan is simple here Now we wait for break of trend 😉

Swallow Team
Note
snapshot
Cosmos made a nice touch to the upper side of the triangle formation, where it got pushed back right away!

Now we should see a movement to a lower trend after what we want to see: a nice breakdown attempt and movement to a higher liquidity trend!

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