Long or short break?
Long: If it breaks to the upside, it could be a great opportunity for staking and holding for a few weeks. It has broken the weekly trendline and compared to other cryptos it looks pretty strong for me.
Short: But it could be a great short, if the lower trendline breaks.
Possible entry long: buying the bounce of the lower trendline or the break of the upper resistance.
Possible entry short: close below the trendline on the 4h or daily TF.
Fundamentals: The Cosmos project doesn't make much money, but it is very useful.
Short: But it could be a great short, if the lower trendline breaks.
Possible entry long: buying the bounce of the lower trendline or the break of the upper resistance.
Possible entry short: close below the trendline on the 4h or daily TF.
Fundamentals: The Cosmos project doesn't make much money, but it is very useful.
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