ATOM / TETHER Standard Futures
Short
Updated

Cosmos (ATOM): Waiting For Break of Zone

Cosmos has made another touch of EMAs, and yet again, we got a nice rejection.

As we see the dominance of sellers in the upper zones, we are now looking for our dotted zone (line) to be broken, which would result in a break of structure and a possible movement to the lower target zone here!

Swallow Team
Note
snapshot
Cosmos is still trading around our entry zone, looking for a clean breakdown from here.

We see a pressure but nothing has happened yet so we wait for the momentum here!
Note
snapshot
Cosmos did well as well where price went for our target zone without any struggle and even broke down further here, resulting in more than we wanted. Our target was reached here with 11% of market price movement!

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