After printing a double top in the daily chart, Cosmos declined and now is trying to reverse from the key daily support level at $11.42, re-testing $12.09 resistance.
A bullish break-out of $12.09 and a bullish candle closure above this level will result in a re-test of $12.89-$13.46 and, possibly, higher.
A rejection $12.09 followed by a bearish break-out of...
Cosmos (ATOMUSD) broke today above the Triangle pattern that started forming after the June 17 2022 Low. By doing so it hit the 1W MA50 (red trend-line), a major Resistance during the Bear Cycle. This is the first bullish signal on the long-term and if it manages to close the candle above the 1W MA50, we expect a short-term extension to the 17.1550 September 09...
Hello Mr. Overachiever! Cosmos finally made it out of the red target zone and won't stop here. We're expecting the coin to climb further upwards to fulfill its movement higher North.
Cosmos (ATOMUSD) has been trading within a Channel Up pattern since the June 18 2022 Low and on Monday started the new rebound leg to the Higher Highs (top) trend-line, exactly on the 1D MA50 (blue trend-line), confirming it as the new medium-term Support.
By doing so, it broke above a major Resistance, the Lower Highs (2) trend-line (dashed line). The next in...
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For this particular analysis on COSMOS we are using the ATOMUSDT symbol on the Phemex exchange.
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The idea is on the 1D time-frame where Cosmos has been trading under a Lower Highs trend-line since April 03 2022 and the 1D MA50 (blue trend-line) since April 06. The trend remains bearish towards the next Fibonacci levels (2.5 at 6.163 and 3.0 at...
- low leverage swing trade (5X or 10X depending on risk management)
- would also be a good spot trade solid 20% atleast gain
- need price to retrace down to the POI area to find a good entry
- Everything is mostly depending on TheKing but some projects like Cosmos have been super bullish.
- i won't talk about Cosmos Network FA but this project like to be as peacemaker.
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Trade Plan
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- Buy : 20$ ish
- Rebuy : 16$ ish
- TP : 59$ ish
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- Stop : 13.8$
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- i don't...
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, 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...
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...
BINANCE:ATOMBTC is now trading at Sept 2019 levels from where it bounced like a rocket last year. Scroll left and see the highlighted box.
Its already done with retracement and currently moving from V bottom inside the channel its an LTF chart we will keep looking at it because it will soon be bullish.
Indicators:
TK Cross took place, Rsi is turning bullish and...
Pattern: Channel Up on 1D.
Signal: Buy as the price is approaching the 0.786 Fibonacci retracement level, which on the previous bearish leg was a rebound level. Last buy entry on the Higher Lows trend-line.
Target: 0.000700 (just below the Resistance).
Most recent Cosmos signal:
** Please support this idea with your likes and comments, it is the best...
Pattern: Triangle on 1D.
Signal: Bullish if the Triangle Lower High breaks (i.e. a Higher High is made) or if one Support is tested.
Target: 5.8450 (the 1D Resistance).
