Cosmos (ATOM): Possible Re-Test of ATL (all time low) zone

Cosmos had formed a nice resistance zone near $5.25

We are now looking for a possible double bottom pattern to form here where we test the all-time low zone.

Once we reach that zone (which is a high probability), we will take another look at the coin.

Swallow Team
Note
snapshot
Cosmos has had a small bounce but nothing major; our target remains the same and we are looking at a possible touch during the weekends!
Note
snapshot
Cosmos did a good downward movement, forming new ATL zones on our timeframe. Price has a nice 24% of market price movement!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.