ATOM update:
Went for R1 resistance again, rejected. Hasn't broken bullish structure, however we do have a bearish div on the 1H (it's a small TF so it means less).
If I were looking to long, I'd wait for a break and close above R1, or a retrace to green support below, nothing in between.
back at it again. trying to make something out of this. been wrong most times on this coin. this new prediction is me reaching and hoping (might be a bad habit to try and force something). 5th wave could be done for now and we are retracing with a double zigzag (abc-W-X-abc-Y) and this idea is totally wrong. only time will tell...
Buy @ 9080
Target @ 9999, must watch move, expecting higher.
Stop @ 9019
Has been continuously laddering and currently back testing 4h valley and holding 1H valley
Only for educational purposes only – not financial advice. Fibo levels lookin dank. Only bad thing is the uptrend of bitcoin dominance (CRYPTOCAP:BTC.D), which refrains me from entering too much. Stay cautious!
We have BTC looking for an ABCDE correction in 100% of the FIBONACCI with a strong bearish divergence (TF-1D & 1 week). Atom just like Bitcoin looks for a large accumulation, remember that despite the scarcity of Atoms in circulation, we have leverage markets that can use other collateral to throw the price and keep it in accumulation ... Take it easy my friends...
ATOM (Cosmos) (4H TF)
Introduction...!!
Developed by the Tendermint team since 2016, Cosmos is a highly forward-looking cross-chain blockchain project that aims to achieve a “blockchain-based internet” based on token transfer and to construct a deeply integrated token economy ecosystem. Cosmos Hub is the first cross-chain hub of the Cosmos ecosystem, and...
