Nice pullback and bounce off 382 Fib. 16$ perfectly aligns with 16.50! Lets go
BINANCE:ATOMBUSD couple trade ideas ive developed, that may or may not play out, the rising wedge along with the fib lines been respected, im expecting a short term pull back. long term bullish
After big gains from $5 to $17 in June and July, price was rejected 2x at $17 resistance and broke below the uptrend trendline. Price has broken back above 200- day moving average resistance recently. Big gain from $5 to $17 in June and July was followed by two rejections at $17 resistance, resulting in price pulling back, breaking below the uptrend trendline. It...
I like Atom here making higher lows. Would take this long if it gets triggered. Valid only for the next 24 hours.
Cosmos broke trough off the upper boundary of descending channel. Asset broke trough off the resistance level. Bullish movement to resistance level at 14.7 is expected to happen.
- Atom have been more bullish than others altcoins on his come back. - Seems like we got a Bottom around 5.4$. - Like always in cryptos, everything can happen as most of altcoins will follow TheKing, so invest wisely. ----------------------------------------------------- Trade Setup ----------------------------------------------------- Buy Zones : 11.5$ -...
Cosmos broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 15.2 is possible
Setting up a trade: Possible bullish trend forming with price making Higher Highs and Higher Lows. Price was rejected 2x at $17 resistance. Pullback near $12.50-14.00 support could be a swing entry point, with upside potential back to $17 resistance zone. (set a price alert). As a trend: Downtrend on Short- and Medium-Term basis and Neutral on Long-Term...
Cosmos bounced off the support level. Asset broke trough off the descending trendline. Bullish movement to resistance level at 14.7 is possible.
#ATOM/USDT $ATOM is inside a huge descending channel. 🐻 now price is rejected from the middle line of a channel which is the same with the long-term resistance zone, so it is possible that continue its downtrend to break down from support of $10 and touch the lower line of channel, than start a new rally. 🐮 but it price going to hold the support of $10, it will...
#ATOM/USDT $ATOM broke down from ascending support. 🐻 drop to 0.5 and 0.618 fib levels is a sure thing, just the way can be different. - price can hold the descending trend line and have a bearish swing inside descending channel. - and if break down from descending trend line it will dump sharp.
The daily trend line was broken and it had a pullback on the 4H chart. In the 4H time frame, The price crossed the support zone and had a pullback to the zone with a perfect doji candle that we can consider as a signal bar. We have a powerful bearish candle at the end that indicates the price could decrease more.
Cosmos bounced off the lower boundary of descending channel. Bullish movement to resistance level at 14.52 is possible.
ATOM 5 wave correction of larger timeframe Double Top. Will come back to the possible neck line of the double top and if it fails it will go towards the $11.50 area. Thought?
Picture paints a thousand words, if ATOM breaks the neck line of $13.3, down to $11.45 which is also the 0.5 fib retrace before expecting any bounce.
Hitting the resistance here, I think the top is in for this one, I think it will come back down to 8$ level.