The Cosmos (ATOM) price has traded bullish since March and bounced sharply on May 10, increasing the possibility of an eventual breakout. In order for the bullish structure to remain intact, the ATOM price needs to hold above the current support level and start pushing toward the closest resistance. Cosmos Price Bounces at Pattern Support The ATOM price has decreased inside a descending wedge since March 14. The descending wedge is considered a bullish pattern, meaning an eventual breakout is the most likely scenario. The price action inside the wedge also supports the possibility of a breakout. The price hasGo to Source
Author: coinmaker