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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.

Distinguished as “bull flagThe structure is visible as the asset moves lower and bounces between two downward-sloping trendlines. The structure eventually moves out of the 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 known.

Weekly price chart with Bull Flag setup TradingView
ATOM staking data. Source: Messari
Pentoshi daily price chart for ATOM/USD Source: TradingView
ATOM/USD and daily price chart from Bluntz Source: TradingView