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AlanSantana
Nov 4, 2019 11:02 PM

Cosmos (ATOM) Ascending Triangle | Next Target At 60%+ Long

Cosmos / BitcoinBinance

Description

Cosmos (ATOMBTC) continues to grow since our last analysis on the 12-Sept.

After seeing the strong breakout, we knew additional bullish action would follow... Take a look at it here:


Now, what happens next?

Right now we are looking at the classic "ascending triangle" which is a bullish pattern.

In this setup, the bullish signals are just too many to mention. We are seeing a bullish cross of EMA10 and EMA100. As well as a bullish cross on the MACD.

The RSI is super strong and volume is now starting to come in in favor of the bulls.

Today is Monday and we are seeing many altcoins move above resistance as well as Bitcoin going green... A good start for the week... Make sure to hit like and follow me.

Namaste.

Comment

Growing nicely... 20%+ since sharing.

Thanks a lot for your continued support.
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