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CryFromCrypto
Dec 29, 2021

A trendline on arithmetic perspective chart from CoVID Dip to the first ATH. What i see is making area of bull and bear lol if the price level above the trend and it's BULL, if not it's BEAR haha.

you can read my recap here > recap analysis

Okay let's jump into ATOM!

On the Weekly timeframe (log perspective) Cosmos (ATOM) is still on bull trend (not like the other perspective) xD
As we can see the price is Hit PERFECTLY! on the fib golden retracement 0.618 ($22.20), we also see the RSI and Stochastic in being hmm a little bit oversold... that's good that's good.

On the shorter timeframe (4hourly) we can see ATOM been rejected on the key level ~$32.79 which is now became a resistance. We have a good key level support on $26.77 - $25.33. As we can see the RSI and Stochastic oversold too like on the Weekly chart. But on Daily is on overbought.

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