Cosmos / TetherUS
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Atom downtrend movement

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atom is in a downtrend channel and as you can see it bounce from the demand zone and also fibo 0.50, but I think its downward movement will continue and the next target for the short position is placed around 9.96 and 8.96
if we see good support around them can long here, but I think we will touch 5.55 again, for taking a long position it's better to wait and watch the reaction to our channel's lower band. if break 8.96 and close at least 1 daily candle below it. I am sure we will touch 5.55 again.

I am already in a short position and my target is on the chart...




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next target is around 8.77
ATOMUSDATOMUSDTBeyond Technical AnalysiscosmosTrend Analysis

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