Hello to all out there and good day!
Here we have ATOM COSMOS on the 4-Hour Chart setup.
We have this Chanel that ATOM has been trading in and may be at the top as it has tried # 3 times to BREAK this upward channel but failed.
ATOM must hold the 12.80 SUPPORT ZONE if the COIN wants to move to the upside.
The NEXT BULLISH Targets to look out for will...
Cosmos (ATOMUSD) broke today above the Triangle pattern that started forming after the June 17 2022 Low. By doing so it hit the 1W MA50 (red trend-line), a major Resistance during the Bear Cycle. This is the first bullish signal on the long-term and if it manages to close the candle above the 1W MA50, we expect a short-term extension to the 17.1550 September 09...
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck!
ATOM is facing resistance from falling trendline and 0.618 fib level. It needs to break above this level with strong volumes to target 15.4 and 17. Failing to do so will lead to 12 and a retest of 10.5 can be seen as well.
Atom is making HH and HLs on the LTF. The reclaim of the resistance now turned support is an important bullish indication. RR is good enough so I’ll take a chance on this, my orders are in and will wait for them to get filled.
ATOMUSD has broken out of the middle of a down channel that can be drawn
I expect price to break out bullishly further and extend to the top of up channel in green that can be drawn
Bullish Expectations
Daily timeframe
----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price...
BYBIT:ATOMUSDT.P
1H time frame
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ATOM broke the long-term uptrend and retested it already, it stands for the validation of resistance.
We can open short with good RRR here.
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Entry: Market
TP: 13.65, 13.4, 13, 12.65
SL: if it goes above the uptrend
According to the recent break of structural and breaking resistances, if the atom reaches the supply zone, it can drop downwards. In this area, we should look for short setups
Comment if you have any questions
Thank You
ATOMUSDT has a small break of structure on the 4h. I expect one final liquidity grab in the monthly r2 region ~$16.00 before it descends. Very reasonable TP1 and TP2 targets shown based off fib projections and supporting volume profile. Could go a lot lower. Idea invalidated with close (new high) above monthly R3 pivot.
*Setup Notes*
Entry zone: 15.5-16.16
Stop...
With the weakening of buyers ATOMUSDT, the price has not been able to register a higher ceiling and this is the beginning of a downward trend.
It has an excellent risk-to-revenue ratio for short trading.
The price can go down to at least 7-6 dollars.
Current price: $12.7
Hi dear members, hope you are well and welcome to the new update on Cosmos (ATOM) coin with US Dollar pair.
Previously I shared a long-term trade-setup for ATOM, which is still in play:
Now on a 4-hour time frame, ATOM has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
The decrease in the volume of transactions from July 20 to August 25 probably caused the price to drop to the levels of $11, $10, and $8.
TIME : 1 days
SIDE : SELL
BUY 0r SELL ZONE : 12.85
TAKE PROFIT : 11.81
STOP LOSS : 13.65
R/R = 1.2
MIDTERM SIGNAL
