Cosmos (ATOM): Another Rejection From 200EMA
Cosmos has had another rejection from 200EMA where the price is now possibly going towards the lower support zone.
As we had another rejection / fakeout, we think that price will bounce from one side to another until it is pressured from both sides (end of triangle formation).
Swallow Team
As we had another rejection / fakeout, we think that price will bounce from one side to another until it is pressured from both sides (end of triangle formation).
Swallow Team
Note
Cosmos has had a nice 6% market price movement after another rejection from 200EMA.
As price is still looking for a target, we are most likely going to trade in between those lines of lower support and the upper 200EMA.
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🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.