✴️ Cosmos Inverse Volume Signal (Name Your Altcoin)
Updated
11-September Cosmos (ATOMUSDT) hit a more than a year long low with bear volume rising since June 2023.
We have a classic bounce and later the highest bear volume ever on the daily timeframe, several days in a row.
With this huge bear pressure coming in ATOMUSDT still manages to produced a higher low in October vs September, signaling strength.
This is the inverse volume signal.
The fact that the bear came in with force but failed to produced a new low, tells us that the bulls are buying up.
Knowing this, we can prepare for a new wave up.
Potential targets and additional information on the chart.
Namaste.
We have a classic bounce and later the highest bear volume ever on the daily timeframe, several days in a row.
With this huge bear pressure coming in ATOMUSDT still manages to produced a higher low in October vs September, signaling strength.
This is the inverse volume signal.
The fact that the bear came in with force but failed to produced a new low, tells us that the bulls are buying up.
Knowing this, we can prepare for a new wave up.
Potential targets and additional information on the chart.
Namaste.
Comment
After a strong 100% bullish breakout, ATOMUSDT is preparing for another wave (higher high).
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