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Good Morning Traders,
At the close of January 20, a Lift-Off, LONG trading signal was formed on the altcoin Cosmos (ATOMUSDT)
ATOM against USDT closed at USDT 13.144, marking a +9.42%.
It is currently ranked 20th in the classic by capitalization.
BTC came in at USDT 22,000 despite news of Genesis bankruptcy, a sign that the market has the strength to continue the climb.
Below is the chart of Cosmos with the signal detected by Lift-Off
Two words about the Cosmos project:
[...]In a nutshell, Cosmos describes itself as a project that solves some of the "hardest problems" facing the blockchain industry. It aims to provide an antidote to "slow, expensive, unscalable and environmentally harmful" proof-of-work protocols, such as those used by Bitcoin, by offering an ecosystem of connected blockchains.
The project's other goals include making blockchain technology less complex and difficult for developers through a modular framework that makes decentralized apps easier. Last but not least, an interblockchain communication protocol simplifies communication between blockchain networks, preventing fragmentation in the industry.
The origins of Cosmos date back to 2014, when Tendermint, a major contributor to the network, was founded. A white paper for Cosmos was published in 2016 and a token sale was held the following year.
ATOM tokens are earned through a hybrid proof-of-stake algorithm and help keep Cosmos Hub, the project's flagship blockchain, safe. This cryptocurrency also plays a role in network governance.[....]
Signal board of January 21, 2023
LONG - COSMOS- ATOMUSDT
Input price: 13.31 USDT (current price or any price if not too far away)
Please note that the chosen signal has been identified from those detected by the Lift-Off indicator, which you can view in the "Signals" section of our website. However, we will NOT provide any guidance on how to handle the trade.
We recommend that you handle the trades as shown during our professional courses on using the platform, available at the following link: https://it.largetrader.com/eventi