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Traders say ATOM could eventually do an AVAX-like surge to $100 -Breaking

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Cosmos (ATOMBecause of its bullish continuation pattern, ), ) could see major gains over the next few weeks.

Dubbed “bull flag“The structure emerges when the asset trend lower, while bouncencing between two downwardly sloping trendslines. The structure eventually moves out of its range in the direction it was previously trending. It has a profit target that is equal to the length of its uptrend. This flagpole is sometimes also called the flagpole.

Weekly price chart with Bull Flag setup TradingView
ATOM staking data. Source: Messari
Pentoshi provides a daily ATOM/USD price chart. Source: TradingView
ATOM/USD = Daily Price Chart by Bluntz Source: TradingView