KailoChan

Cosmos taking its share of the market.

KRAKEN:ATOMETH   Cosmos / Ethereum
The Cosmos ecosystem is showing incredible strength against all pairs considering the current market conditions with ATOM soaring to its previous ATH from September.
Bleeding 90% of its value against ETH for the past 2 and a half years, ATOM recently broke through the macro downtrend resistance, entering an historically important range.
I will be waiting for the weekly to close above the red line and retest it for further confirmation, personally I would like to see some consolidation around this zone turning it into support.




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