Osmosis (OSMO)
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Osmosis is a decentralized exchange (DEX) for Cosmos (ATOM), an ecosystem of sovereign, interoperable blockchains all connected trustlessly over IBC, the Inter-Blockchain Communication Protocol. Anyway, OSMO has been in a downtrend since the beginning. In its last movement, OSMO was moving in a downtrend channel, then OSMO started a strong upward impulse wave from the bottom of this channel which reached and broke the channel's upper line. Let's see how up OSMO can move.
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So, OSMO went up pretty good, beyond expectations. Currently, OSMO reached a horizontal resistance area, and to go up further, OSMO have to break this area properly. Let's see what happens.
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