Cosmos / TetherUS
Panjang

Breakout ? confirmation , bullish uptrend ? take the trend

328
Hello Traders!

Please Note that ATOM is moving recently , we are waiting on 1h Time frame for a potential breakout from our non- horizontal resistance if buyers succeed to push price higher ( we need to see a confirmation after breakout along with good buying volume to validate the breakout ) the price might re-test our resistance then move upward.

on 4H : Symmetrical triangle has already formed with decreasing selling impulses ( buyers are keeping sellers not to reach a lower price ) , overall it looks bullish!

Please keep your eyes on the breakout on lower time frame , set your stop loss when it breaks possible target could reach 38$ 39$ 41$

Enjoy Good luck traders !

Penafian

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