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Benimen
Jul 20, 2019 1:39 AM

Cosmos' Atom making a bottom triangle Long

Cosmos / Tether USDHTX

Description

Tried and true crypto indicator here which 95% of the time signals a trend change in most crypto's I've encountered...we'll see if ATOM plays along.
Breaking above $4.20 would signal a breakout up out of the triangle.
Breaking below the light red and thick red lines at about $3.50 would be pretty bad. Simple as that.

Trade active

Technical breakout here plus there's an interesting fractal pointing to $8+ within this week.

Comment

Wow, mega-fake out. We're not completely uber-bearish though unless $3.50 gets taken out.
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