Cosmos coin is in a sideways channel where if we zoom in we are seeing some signs of a reversed head & shoulder pattern.
Now ideally we would look for the first CME gap to be filled here; once we see a bullish overtake of local resistance there, we will be looking for a fill of the upper CME as well.
Long way to go and for more confirmations, we need to see a proper MSB to form on 30m timeframes near the local support zone so we're watching it closely.
If we see the selling pressure continue below the support, then we will be looking for more dip!
Swallow Academy
Now ideally we would look for the first CME gap to be filled here; once we see a bullish overtake of local resistance there, we will be looking for a fill of the upper CME as well.
Long way to go and for more confirmations, we need to see a proper MSB to form on 30m timeframes near the local support zone so we're watching it closely.
If we see the selling pressure continue below the support, then we will be looking for more dip!
Swallow Academy
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🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
⚡️ Short-Term + Mid-Term Trades
Join our amazing team and be part of something bigger.
FREE: t.me/+fiEDSn7M9pJkODA0
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.