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
Nota
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
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.