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#ATOM/BTC TA Update:-
#ATOM chart looking bullish and we can see Bullish Pennant in big Time frame.
So I am buying here some #ATOM
Entry:- 3200-3350 Satoshi
Targets:- 3779/4394/5124/6431 satoshi
Stop Loss:- if any candle close below 3100 then I will exit.
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Atom (Also know as cosmos ) seems to have broken out of symmetrical triangle against BTC, formed over many days. BTC seems to be in consolidation mode, that gives alts especially quality projects like cosmos, to have higher valuation against BTC.
What is Cosmos (ATOM):
Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a...
One more triangle, wolves🔥
There is a symmetrical triangle on ATOM/BTC on 30min frame.
There was a strong bullish sentiment before. So it could be one more confirmation for bulls.
According to Elliott Waves theory all the waves are done and the price is heading to the breakout now.
Follow the chart and look for the best price to enter carefully....
Long and short ATOM/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea...
ATOM, the token of Cosmos network, has performed well this year in BTC terms.
However, after hitting a USD all-time high of $26 in February, ATOM went into a correction. And even before that ATOM/BTC was well below its August 2020 high.
We’ve asked Hybrid Intelligence the following question to check the short-term trend:
“The cryptocurrency Cosmos (ATOM/BTC)...
ATOMBTC should great potential, especially with the US Dollar dipping right now.
It tested the support line and it is facing its first resistance. After that, I think it is an entry (for me at least).
Despite that, Cosmos (ATOM) is a very interesting concept of technology that tries to unite different blockchain projects in a faster way, so it could be a viable...