Cosmos (ATOM): Buyers Showing Strong Dominance Breaking 200EMA

20 Mar

Cosmos coin has recently broken out from the 200 EMA mark, which has been holding the price down for quite some time.

Now as we see some sort of volume to build above the EMA, we are looking for a strong candle to form here, which then would form a BOS on smaller timeframes.

We are seeing a good opportunity here with good R:R, so let's try; if we see the price fall back below 200 EMA, then our target is the bearish CME gap and even lower from there, but for now we are looking for long!

Swallow Team

16 Nis

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