Cosmos (ATOMBTC) Breaksout, Next Target Mapped (Easy 59%)
One of the strongest signals to look for is the trading volume... See it here rising on a daily basis on the Cosmos (ATOMBTC) chart.
As the volume rises we see each resistance being taken out and now we see prices trading above EMA100 (blue line).
This can lead to additional growth.
These articles might sound repetitive, but we like to keep it simple and the system we use tends to work.
The MACD is above zero, the neutral/centerline, which we call the bullish zone.
The RSI is above 50, which we call strong.
At 69, the current value means really strong.
ATOMBTC can easily continue to grow.
The next target is marked on the chart.
Namaste.
Previous chart from 1 month ago (Bullish divergence) | June 3
As the volume rises we see each resistance being taken out and now we see prices trading above EMA100 (blue line).
This can lead to additional growth.
These articles might sound repetitive, but we like to keep it simple and the system we use tends to work.
The MACD is above zero, the neutral/centerline, which we call the bullish zone.
The RSI is above 50, which we call strong.
At 69, the current value means really strong.
ATOMBTC can easily continue to grow.
The next target is marked on the chart.
Namaste.
Previous chart from 1 month ago (Bullish divergence) | June 3
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