Cosmos / Bitcoin
Pembelian

ATOM confirms larger structure to solidify trend reversal

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Cosmos (ATOM) has been trending down since peaking in December 2019.

After sliding into the RLZ and trading around the .786 on bullish MACD divergence. Price has now confirmed a smaller and this week a much larger bullish market structure to confirm a trend reversal.

Dips in the event of Bitcoin volatility should be considered buying opportunities until further notice.

Watch for price to trade up into the Gann 50/50 level later this month and potentially much higher, pending market conditions throughout the summer.

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