ATOM/USDT Main Trend. Channel. The important zone.

Ever wonder why this coin has such an interesting name? Cosmos-atom. The meaning of "big-small".
Secondary trend—a pronounced downtrend (purple), the last wave inside the channel.
At this point there is an important zone, on which the further price direction trend depends. Everything is shown very accurately (potentially accurately), as in the previous trading idea for this trading pair. ATOM / USD Main trend. A cup. Triangle. 18

This coin on the coinmarketcap: Cosmos

Schematically shown on the chart.
The formation of a large bullish triangle (the final part) in case of a breakdown of the downtrend (+70% to resistance) and then in case of its breakdown of resistance and the breakout (could also go down from resistance—then it would be a triple top) to the fantastic channel targets. The targets to the main zones were shown on the chart.

After all the “tambourine songs” at or near the top of this uptrend—a break-down. Formation of a big “Head and Shoulders”. Targets on the major zones shown on the chart.

As I said before (a few years ago) this cryptocurrency is good for accumulation by trading large positions (there are few of them). Only one point. Do not keep everything on one exchange, no matter how confident you are in it.
Diversify both where you work (trade) and where you keep your cryptocurrency. This is important.

I would like to point out that I have attached absolutely all my trading ideas to this trading idea from the beginning of my trading of this cryptocurrency, namely 18 12 2019. Why do you think I did that?

My previous trading idea on this trading pair. Publication 03 12 2021.
ATOM / USD Main trend. A cup. Triangle. 18

After a while, the atom became Cosmos.

As we see, the fantastic zone of $40.23 has been reached.
From the safe entry zone of $6.5 to $40.23, namely net +518% (523% chart)
Entry with the risk in the triangle at the end of its formation after the "reset of passengers" (beat out stops) $ 5.2 - $ 40,23 = +673%

What is 40 ? Why was 23 assigned to it ? After all, what difference does it make to a potential +500% goal of $40 or $40.23
Why was 523% shown? What does it mean in the table of contents of the title of the number 18 ? And so on... Sometimes the details make more sense than the basis.

Stop-loss on the chart.
Also, I specifically showed on the chart in this uptrend very accurately (including the percentage of support level of secondary trends) as under the trend before each reversal of the trend were reset to a very large % of the stops. It is not a problem, if one understands where, according to the logic, they are placed and sensitively, thanks to one's experience, understands the psychology of the main market participants (fuel). To direct this fuel in the right direction for self-immolation due to atrophied psychic qualities of greed and fear.

Knocking down stops even by a large % is not a loss for the market maker, but on the contrary (the addition of a position below the local set from the previous profit). As he potentially knows where he is going to take the price. By the way, it is not only long stops that are pulled down, but shorts as well, I just did not show it on the chart not to clutter it, but keep it in mind. The price can be pulled up significantly, and then mercilessly, quickly, like a hot knife in the butter—down. Take it into account in your work.


I've been trading this coin for a really long time, you could say since "the beginning of the listing".
On this site the first trade idea was published in 19, but in pair to bitcoin.
ATOM/BTC Rising trend for 4 months. Channel. Analogy with LTC/USD Publication 18 12 2019

After a while. The cosmos became an atom. Then the process repeated itself.

Medium-term work. Secondary trend. Timeframe 1 day.
Close-up of the trend reversal or continuation zone (which determines which trend will develop).
ATOM/USDT Secondary trend. Medium-term work. Important zone

The foundation of your trading is your trading strategy and risk management based on your experience. Don't try to guess what you don't understand. Don't inherit the majority of participants—market kamikazes (giving back). Try to evolve and toil, gaining relevant experience in what you didn't initially understand. Slowly but surely become better day by day than you were yesterday, leaving behind the “experts” and anonymous “I know for sure” screamers.

Comment:

Breakout of the current dynamic support of the uptrend (green line, ascending channel) and the support level zone 26.21 If the price will consolidate below this level—work on the short. If there will be a return of the price and a breakthrough of the descending secondary trend 9 purple) and fixation of the price above it—work on a long. The main objectives are indicated. Remember, from the main accumulation the price is now more than +1000%.

Comment:

-67% from the pivot level of 26.21, the target of -56% to the level of 11.22 has been reached.

Comment:

Situation 3 weeks after reaching short targets -67% (13)

Comment:

Secondary trend. Right shoulder area.