Crypto Contest May 12: Cosmos

Cosmos (Kraken: ATOMUSD) has broken out of the triangle pattern in the four-hour chart.

(Chart courtesy of (log scale))

Elliott Wave Analysis

In Elliott Wave terms, ATOM began a wave one advance on April 24. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 5, and the red wave two (blue sub-waves a-b-c) correction ended on May 9. If this wave count is correct, ATOM should be heading next towards the May 5 peak in the red wave three.

(Chart courtesy of (log scale))


The Cosmos network is a decentralized network of independent, scalable, and interoperable blockchains. You can watch the launch event below.

(Sources: Cosmos and YouTube)

How can I vote? Where is the contest?

You can vote by following this link.

Related posts

Evening Wrap – 31/10/18 by timm

The Sunday Crypto Recap – Down the Rabbit Hole 86


You need to Understand

Bit Brain

Get involved!


No comments yet
Skip to toolbar