It's been setting up for a while, with many interesting coins trending nicely (like INJ, TIA, to name a few), now Cosmos itself has a long term bull cycle signal active, and a nice catalyst to help it break out from the range here (recently there was a proposal to reduce inflation which can help propel the token higher).
Long term TM trend is now bullish, with upside in the order of 700% at least, while risk in the trade is a small fraction of this range...
Best of luck!
Cheers,
Ivan Labrie.
Note
Long term trend fully confirmed by now...
You may add some exposure or join if you had none.
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.