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Showing posts with the label bears’ control

Cosmos Price Prediction for Today, November 05: ATOM Is Under Bullish Pressure

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Join Our Telegram channel to stay up to date on breaking news coverage Strong bullish movement in ATOM market ATOMUSD Price Analysis – November 05 Should Cosmos reach the high of $16.7 and penetrate the mentioned level , ATOM may be exposed to the high of $19.9 and $22. 3 resistance levels .  In case bears defend the resistance level of $16.7, Cosmos may decrease to the support level at $15.0, further decrease in the bears’ pressure may push down the price to $13.3 and $12.2 levels. ATOM/USD Market Key levels: Resistance levels: $16.7, $19.9, $22.3 Support levels: $15.0, $13.3, $12.2   ATOMUSD Long-term Trend: Bullish ATOMUSD is bullish on the daily chart. A double bottom chart pattern is noticed on the daily time frame. Atom is under the bears’ control four weeks ago, the bearish power pushed the coin to the support level of $10.5. Another bullish chart pattern formed at the just mentioned level called Double bottom. It is a signal to the traders that buyers are re...