HEY, SUP Guys !
What happened for COSMOS !
In The last analysis that I posted for ATOMUSDT , it reached TP1 , then after breakout the lower ascending trendline of rising wedge it has been declining so far and reached on the lower support ( by breakout -67 %🔻 🎯💰 ).
So today as we can see in the 1W time frame for ATOM/USDT , after a sharp cascade , it has managed itself under the PIVOT as a resistance zone .
and if atom doesn't return back and at least 1 weekly candle doesn't close on the pivot zone , then according to bar pattern it will decline to lower support (demand zone) ,but if bulls be able to increase the price on the pivot zone, then it can rise again and reach the vwap line or the higher resistance zone !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses ,please follow me , give a big thumbs 👍 and drop comment 🗯💭
What happened for COSMOS !
In The last analysis that I posted for ATOMUSDT , it reached TP1 , then after breakout the lower ascending trendline of rising wedge it has been declining so far and reached on the lower support ( by breakout -67 %🔻 🎯💰 ).
So today as we can see in the 1W time frame for ATOM/USDT , after a sharp cascade , it has managed itself under the PIVOT as a resistance zone .
and if atom doesn't return back and at least 1 weekly candle doesn't close on the pivot zone , then according to bar pattern it will decline to lower support (demand zone) ,but if bulls be able to increase the price on the pivot zone, then it can rise again and reach the vwap line or the higher resistance zone !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses ,please follow me , give a big thumbs 👍 and drop comment 🗯💭
