- Everything is in graph.
- Atom stayed strong in this bear market.
- Here we stat in cryptos, everything can go fast up and down very fast also.
- Adapt your strategy accordingly.
- Follow TheKing movements.
- Invest what you don't need for living.
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Trade...
… and get to work! From the low of wave ii in magenta, Cosmos has already started a strong upwards movement, but there is still much to be done. We expect the altcoin to make it above the resistance at $15.81 to complete wave iii in magenta, whose top should be developed around $25. However, there is a 42% chance that Cosmos could lose its strength and drop below...
In the back of your head, you should now hear the intro to “The Power” by Snap! as this is the fitting soundtrack for the ascent Cosmos has accomplished so far. From the low of wave (ii) in blue, the altcoin has realized an increase of about 30%, so the current rest is indeed deserved. Soon, our crypto-friend should resume its climb to make it above the resistance...
The ATOMUSDT price has been moving in a beautiful trade channel for the last 3 years.
Now ATOMUSD price has entered the liquidity zone of $8.00-9.50 and is also near the bottom of the channel.
Well, it looks like the $8.00-9.50 liquidity zone is not a bad place to place grid orders to buy ATOM on a likely falling.
Medium-term growth prospects for Cosmos token...
Cosmos has come back below the green strip between $12.75 and $12.17 and should be very careful now, as there isn’t much room left until the support at $11.54. There already is a 40% chance that the altcoin could drop below this mark, which would then trigger further descent. However, as long as Cosmos abides above $11.54, we still primarily expect it to get its...
Cosmos seems to have taken this motto to heart and is appearing at its best. The altcoin has already managed quite some altitude difference on its way upwards to the resistance at $21.54, and it should keep going. Once above this mark, Cosmos should be well-positioned for further ascent. A 40% chance remains, though, that the altcoin could lose its steam and drop...
It can be assumed that for the last 2.5 years the ATOMUSDT price has been moving up through a large channel.
Now the liquidity zone $20-25 acts as a magnet for ATOMUSD price growth, it is possible that the price will be able to reach there in this wave of growth.
"The sweet" buying zone for medium and long-term positions is around $10 per Atom
In general,...
