#Cosmos #ATOM #ATOMBTC #ATOMUSDT There is something about December...
Cosmos is another project that produced a major bullish cycle after a low in December 2020. The exact date is January 2021 for the previous pre-bull market bottom but the end result was the same.
ATOMBTC produced very strong bullish action between January 2021 and January 2022. There was strong volatility and big candles before this bull market and also afterward. Only recently the market became dead and this isn't necessarily bad. We will get to current price action in a minute. Stay with me.
I am using the linear chart even though it makes it harder to see the candles so we can get a true picture as to what is happening. ATOMBTC is trading at bottom prices. It has been dead almost for an entire year.
I say 'dead' because of the size of the candles. The amount of volatility; the size of the price swings. There has been no strong trading activity in years. Is this market alive? Will it remain like this forever? Not likely.
When a chart becomes like this, how many people are going to be looking at it?
What attracts people to a market, a product, a trading pair, a project, a chart; is action, excitement. There is nothing to be excited about here, coming from a random onlookers perspective. Coming from someone who has been around, this is a great opportunity. One that isn't likely to be repeated in a long time.
ATOMBTC's total growth in its previous bull market was 645%. Notice the black line on the chart, that's MA200. This is the minimum to be tested once the market turns bullish again. A rising wave that challenges this level as resistance would produce ~1,000% total growth. This shows that a bullish cycle now can be many times stronger than before.
After MA200 gets challenged, there can be a retrace or correction followed by additional growth. So ATOMBTC has huge potential because it is trading at a true bottom. From the bottom we grow.
The bear market was really strong. The neutral period that followed has a downward bent. Selling has been happening for years but this is reaching its end.
Overall market conditions continue to improve. The fundamentals are getting better everyday, the technicals are good. This isn't a minor project or pair. It isn't listed on one exchange only and then it gets delisted and any long-term strategy is gone. ATOMBTC is available for trading across hundreds of exchanges including all the top ones.
2,600% can be an easy target in the long run. Prepare for long-term growth, all across the altcoins market.
Thanks a lot for your continued support.
Namaste.
✅ Trade here on
$ATOM