Another idea for ATOMUSD supporting my bearish stance
Initially price can be seen to hit the 1/2 Gann line, slowly though with each peak, price weakens, moving further and further away from this line
While being inside a rising wedge, a bearish view is justified
The indicator shows similar points (yellow) and expected downward move to follow
Heres my previous...
Pattern: Fibonacci Channel on 1D.
Signal: Buy as the price broke above the previous Higher High, after bouncing off the 1D MA50 (blue trend-line) with the LMACD on a Bullish Cross. This combination of factors has previously resulted in a very aggressive rally within the pattern to a new Higher High.
Target: $130 (just below the 2.0 Fibonacci extension).
**...
If anyone is holding ATOM and frustrated at the sideways action the past few weeks and thinking about rotating to tickers that are pumping, trust the process and keep holding. We've broken out of a downtrend. First target ATH, and then $66. The next few months are going to be very interesting. GL!
Atom had been breakout from triangle trend but we still wait for the big pump after retest to the support and now it's the time. But if it fail to break up then prepare for the worst case that atom still on bear trend
Hi guys, we are in two important points. With failure from all sides we can see a good price growth. I have shown the approximate price movement, if from above failure we also participate in long trades and if from below failure in trades We participate in shorts, I love you. Good luck
first target is 161.8% of fib ----> 78
second target is 200% of fib ---->136
ATOM making a cup and handle before every rise , as you see.
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and tell me your opinions.
Atom move high to fast and now we have a two choice that atom will be continue to reach ATH this month/year, Or this is the highest price and make correction in few days latter. So we now just watch the trend is going sideway, then we'll wait until make a new trend that is uptrend or downtrend after this sideway. now we've wait and see and prepare for next trend
Atom, like all altcoins, has corrected strongly after Bitcoin's fall. Locally on the chart, you can see how the price broke the wedge pattern. Now the price has returned, tested the wedge as resistance and the volume has increased, which is a signal that the fall will continue. If bitcoin continues to fall, Atom is 90% likely to reach the area marked below.
Write...
Atom Usdt buy only after breakout of 15.5 $
Stoploss: 1 Hour close below 14.25 $ (-8%)
Targets:
16.95
18.7
20
21.2
---------------------------- NEVER enter a trade with more than 10% from tour capitale.--------------------------------------------
PS: I don't trade Futures and this a spot signal.
Good luck!
ATOM USDT Pair may show possible outbreak in any direction depending on how it forms the next top, if it breaks the resistance then you can expect outbreak else if the next resistance is below the earlier one, it will go down. Invest when the circumstances are in favour.
As we can see in chart , we have a triangles pattern and if it breaks the horizental line it can reach 47$
But if we check fibo lines our targets its like below:
1. 31$
2. 36$
3. 47$
Cosmos has been consolidating since the February 15 top. There is still room for more sideways movement within the green zone as it happened during the last consolidation phase from September to December 2020.
When the price hit the 1D MA200 (orange trend-line), it started making Higher Highs again. You have the time for sideways profit until a 1D MA200 takes...
we posted for atom before and now as we can see it is totally respecting that support area...
buy now and hold after that wave of course it will be more than +45$
✅ Buy: 18 - 21 ✅
🎯TARGETS:
1- $26.53 (33.40%)
2- $33.75 (69.50%)
3- $45. 40 (172.8%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $14.75
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