🟢ATOM / H2 / Log chart Atom is bouncing from its double bottom support and is trading inside a falling wedge which is a bullish pattern. Also, ATOM is in its Weekly support zone so longing a small size of ATOM if it breaks above the resistance of the falling wedge.
ATOMUSDT's price is hovering around strong weekly support and trying to get some breathing as the price dropped significantly from ATH. Bulls can trigger their plans in the upcoming sessions by showing some resilience at the bottom. So accumulation can be a good preferred strategy.
Main trend—is in a pronounced uptrend (uptrend channel with a large % step). 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...
#ATOM/USD 1D Binance. Updated the coin idea. I made a "global" analysis and described the situation for you. Now I will describe it in text here. Pay attention to the interesting name of the coin - COSMOS (ATOM) . Here is an analogy similar to Terra (Luna). I think everything is clear here. The cosmos is big, the Atom is small (the particle that makes up the...
LUNA/BUSD Daily cautiously bearish. *With 137 million votes to go and 5 days left, the governance proposal to fork Terra into a new chain without UST is at 64% in favor; it just needs to be at 50% or above in 5 days for the network to launch on May 27th.* Recommended ratio: 3% LUNA, 97% cash. Price remains hovering at fractions of a cent as the vote on...
LUNA/BUSD Daily cautiously bearish. *With 17 hours left for the Terra community to vote on whether or not to fork a new chain, 66% remain in favor which all but guarantees that the current chain will become LUNC and the new chain (without UST) will be LUNA on May 26th EST (May 27th SGT). As it currently stands there is still almost no value proposition for...
KAVA/USD Daily cautiously bullish. *Since 05/12/22 KAVA/USD has gone up 116% so a little bit of resistance here at the top of the descending channel is to be expected.* Recommended ratio: 65% KAVA, 35% cash. Price is currently testing $2.72 resistance and is on the verge of testing the upper trendline of the descending channel from August 2021 at ~$2.95 as...
COINBASE:ATOMUSD in the past 50 days made a big decline of over 75% and its a good moment for accumulation in the short-medium term time frame. Good news coming out for the ATOM ecosystem and a potential upside of 100% is very likely to happen even in 1 month period. What is the supported thesis technically for the expected scenario on ATOM? - There are big...
$ATOM is bouncing off the support level. Bullish movement to resistance level at 12,4$ is possible.
Hello everyone As you can see ATOMUSDT did pretty good in the last 2 days and made a bull channel for us. In 4 hours chart we have a good amount of buy volume on 11.5$, but considering the body of the bear bars in the trend which starting to get bigger, we might get some down trend like couple of bars before.Knowing that the price been in a trading range in...
LUNA/BUSD Daily cautiously bearish. *Congressional Research Service posted a short report on the LUNA:UST peg collapse and covers mostly everything aside from the bad actors who exploited this vulnerability. They also make mention of rumors that LFG didn't sell their reserves to protect the peg, which one can see on LFG's reserves dashboard are false.* ...
LUNA/BUSD Daily cautiously bearish. *Do Kwon published Recovery Plan Part 2 today and if the proposal is passed on 05/18, a hard fork will commence on 05/27 and Luna as we know it will be forked into Luna Classic and Luna (similar to what happened in 2016 with the Ethereum DAO hack that led to the Ethereum Classic and Ethereum fork)*. Recommended ratio: 6%...
$ATOM broke through the resistance level. Bullish movement to resistance level at 15.23$ is likely to happen.
LUNA/USD Daily cautiously bearish. LUNA currently having a Scarface moment, "You think you can kill me with bullets?". The Revival Plan posted by Do Kwon with help from the Lunatic community shows that perhaps there is enough support to have Luna rise from the ashes, but whether or not it ever reaches its previous ATH at $120 without removing or significantly...
atom has fallen alot since break of upper imp level which is exactly why we need a retest to the bottom or above or in between the lower imp level. theres a big liquidity pool in below levels which will exactly help us to break the imp levels and resistance.
LUNA/USD Daily cautiously bearish. * WARNING: If LFG is unable to reestablish the LUNA:UST peg, they may be forced to close down operations -- this would lead to an inevitable delisting of LUNA on all exchanges. * *LUNA is quickly making its way to as close to 0 as possible as it continues to be minted in attempt to salvage the UST peg*. Due to LUNA having...