Cosmos (ATOM): Will Move To Lower Zones?
Cosmos has moved nicely to the lower zones here after a rejection from 200EMA zone.
We are not seeing some small bounce momentum where price is trying to secure that middle line of Bollinger Bands, but despite that, we see further movement to lower zones to happen (as long as we are below 100EMA).
Swallow Team
We are not seeing some small bounce momentum where price is trying to secure that middle line of Bollinger Bands, but despite that, we see further movement to lower zones to happen (as long as we are below 100EMA).
Swallow Team
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Cosmos has been rejected by 100EMA, where it failed completely to break that zone. Since then, we have dropped around 5%, and the price is still looking to move to lower zones!
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If we break that 100EMA we will be looking for rejection from 200EMA but if we fail to break 100EMA then we will be looking for an early move to lower support zones here!