The recent weekly bounce has put ATOM back in an upward range as it posts a major gain in the last 24 hours. Gaining a lot of traction daily, it signals a bullish move with an inverse head-and-shoulder pattern. ATOM’s price is still captured in a bearish zone from a short-term scale, but the trading landscape is slowly changing following a recent rebound above the $4.15 level, serving as weekly support. The bounce started last month after testing a year low of $3.4. As trading volume increased, the price recovered and broke out of a descending trendline, serving as resistance
The post COSMOS PRICE ANALYSIS & PREDICTION (April 4) – ATOM Signals a Reversal With a Bullish H&S Pattern, Incoming Breakup appeared first on The Merkle News.
