Cosmos / Bitcoin
Long
Updated

Cosmos, good opportunity for long term HODL ?

281
Cosmos surged 250% in 110 days, from september to december 2019. Now are obviously in correction and it seems like WXY correction. Now we are also in area of huge support (grey rectangle), so I expect a bounce from that support - this bounce should be start of the strongest 3rd wave, so there is huge potential in this coin.
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Short term trade on ATOM

We got decent reaction from support, so now, I want to see move up made of 5 waves. If I see only 3 waves up, then we probably didn´t bottomed out yet.
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It´s probable, that this was the bottom, volume really picks up. I bought at 4480 satoshi.
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This is looking very good. I think we will break that eliott wave channel and like that, we will established 3rd wave, then it would probably mean, that we found bottom.

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