ATOMUSD - It was in overall down trend and completed double zigzag correction. The drop is having different EW structures, but overall bearish counts seems dominating. Sell with stops above 5.662 near 5.45-5.51 for C wave down side target below 5.00 level. This is the simple abc zigzag pattern of corrective downn cycle.
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Holding up INCREDIBLY well against the market. IT should. Fundamentally it is on par with Ethereum, imo. Now it is consolidating and filling the range and looking to build up support for the next leg. This takes time. I can't stand how crypto noobs come and buy the tops and then get trapped here. Most end up selling at a loss. Your best bet is to continue to buy...
Bullish divergence forming. Divergence indicator going up while the price going down. Also renko chart solid bullish candle formed.
Long Entry: 5.33.
Risk reward attractive at 2.61, possible gain of 60.46% but also possible loss of 23.19% if the TP or SL got hit. TAYOR.
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ATOMUSD H16: BEST Level to BUY/HOLD 30%+...
The price broke the descending trend line , and at the end of the trend , the head and shoulder is formed. As the result of the change in the trend , the price rises to 6.7 after breaking the resistance & after returning the 5.6 , we’ll see the up trend to price 8.30
❇️Cosmos Network (ATOM)
A Decentralized Network Of Interoperable Blockchains(Internet of Blockchains)
Cosmos is a network connecting many independent distributed ledgers (e.g., Ethereum, Bitcoin) to achieve interoperability across blockchains. Its goal is to "create an Internet of Blockchains", i.e., "a network of blockchains where each participant is able to...
COSMOS has seen high volatility over the past several weeks. After going from almost nothing to 8 dollars in a matter of months. LINK saw a much better performance with ATOM working on China's crypto infrastructure(with LINK) this currency has a lot of potential upside. It is hard to imagine a world right now where everything is based on digital networks. However...