Cosmos
Long
Updated

Falling Wedge

158
ATOM developing a solid falling wedge right on $26 support w/ volume dropping off (selling pressure subsiding).

Great reward/risk setup. ATOM tends to rebound relatively strong. Many "experts" in crypto seem to think ATOM is one of the better L1 platforms from a fundamental perspective.
Note
Day 1 break of the falling wedge on increasing volume. Let's see if we can rally towards $35-$37 resistance

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.