Cosmos (ATOM): Buyers Showing Strong Dominance Breaking 200EMA
Cosmos coin has recently broken out from the 200 EMA mark, which has been holding the price down for quite some time.
Now as we see some sort of volume to build above the EMA, we are looking for a strong candle to form here, which then would form a BOS on smaller timeframes.
We are seeing a good opportunity here with good R:R, so let's try; if we see the price fall back below 200 EMA, then our target is the bearish CME gap and even lower from there, but for now we are looking for long!
Swallow Team
Now as we see some sort of volume to build above the EMA, we are looking for a strong candle to form here, which then would form a BOS on smaller timeframes.
We are seeing a good opportunity here with good R:R, so let's try; if we see the price fall back below 200 EMA, then our target is the bearish CME gap and even lower from there, but for now we are looking for long!
Swallow Team
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🚨 Authentic Traders
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Keep an eye on us and you will not regret it. 😉
Telegram: 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.