Hi every one
COSMOS / TETHERUS
This is an update on ATOM's last analysis. Last Time Which We Talked about ATOM, We were at the Top of The Broadening Wedge Pattern and we were Expecting a Bearish Movement From It. right now That Bearish Movement Is at The Middle of It's Way and It has Reached The Support Level Which We Mentioned Last Time! There Is a High Chance...
Based on technical factors there is a short position in :
🔴Short Now or set on Key Level 36.50
🟢Target 1 33.00
🟢Target 2 30.00
❌Stop loss 38.00
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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1H trend chart
ATOM is resisting to fall continuously, but the H1 Vegas tunnel is forming bearish structure.
If price goes back to 144/169ema, but breaks down through 12ema quickly, it's a good level to short.
a) 27.92----Blue horizontal ray
b) 25.1--------Blue horizontal ray
Also, we can see an accumulation zone around...
- ATOM is one of the greatest looking coins at this moment on Binance.
- We can see on the weekly chart an inverse head and shoulders pattern with tripple TOP resistance.
- ALL coins dropped hard, but ATOM's uptrend is still intact as the ascending channel still holds.
- Check my related idea about ATOMBTC chart below! It is very bullish.
Hi every one
COSMOS / TETHERUS
ATOM is in a Broadening wedge. The Price is gonna range In this Pattern For Now Since There are no Clue of a Break out or Sign of It. So right Now The Price is at The Top of The wedge But It shall Start To Decrease Soon. ATOM has Not been Able To Break It's ATH 3 Times in a Row(Around 44$) So The Odds of Doing It for The 4th Time...
Possible inverse head and shoulders in the making for atom/usd. We may have a little bit of downside if BTC has a wick down however, patience will be rewarding. Altcoin market dominance on a longer trend looks bullish for now. Need a push down in BTC dominance for the alts to rally. Lets see what the next few weeks and months brings. Stay positive and level...
COSMOS broke up this triangle 📐 and I think there is chance for run to 51.5 and even higher. Setting BUY LIMIT order to catch the pullback. ATOM ⚛️ come on!
ENTRY : BUY LIMIT - local high @ 41.0
STOPLOSS : local low @ 38.8
TARGETS : TARGET1 - resistance @ 47.9 | TARGET2 - height of the triangle projected from midpoint of the local range (BUY LIMIT -...
An update on COINBASE:ATOMUSD - I'm still bullish (whatever that means), I would worry if we get deep below 30 USD. I think price discovery will start in the next weeks.
Everything is crabbing right now because the money printer stopped and we're switching to a zero sum game. It won't last IMHO as I expect institutional money to move in later this year. ATOM...
- ATOM is one of the great looking coins on the crypto market right now.
- On the weekly chart we can spot a head and shoulders - reversal bullish pattern.
- Also ATOM vs USDT looks very nice for upcoming uptrend.
Cosmos is on a strong weekly rise that brought it above its 1D MA50 (blue trend-line) again. The important level to watch is the 1D MA100 (green trend-line). The reason is the following:
Every time ATOMUSD broke above its 1D MA100 following a 1D MA50/ MA100 Bearish Cross, a rally started to at least the next +0.5 Fibonacci extension. Right now the price is...
ATOM is one the most powerful project that wanna do ... and is working with ... ecosystem and ...
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Atom has come up off support and gained interest from the buyers, BTC seems to be holding. I have identified a bull flag in the works if we can just hold momentum for continuation. We are about to flip the hull suite as well, seems bullish to me. NFA, DYOR
In my opinion, given the temporary support of Bitcoin, this chart could give us a few percent fluctuation.
This analysis is only for a short-term fluctuation, not more
Do not pay attention to shadows
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