Hi!
If you saw my last post on ATOM/BTC you would have seen the Wykoff accumulation pattern that we’re almost completing and still going perfectly to plan. If you haven’t seen it I highly recommend you check it out, this is an opportunity you don’t want to miss. Click my profile to view it.
Today’s analysis is on the USD pair and this is just as exciting....
#ATOM/USDT ANALYSIS
ATOM is forming a descending triangle pattern, with an attempted breakout underway. The Ichimoku cloud is serving as a resistance barrier. A decisive breakout from the triangle would confirm a bullish trend, whereas a rejection would indicate a potential continuation of movement within the triangle pattern.
The last time I bought this it crazed hours later by 40%. I'm just buying this big dip lol. I think I will make a 45% gain in a couple of weeks—thats around a $50 gain. Usually, I trade around $300 per trade, but I've just been a bit low on cash.
The ATOM has been consistently following an upward trend since 2019. The certainty of a new cycle for ATOM is still uncertain. However, by considering that the asset is not experiencing a depletion but rather undergoing a shake-up, we can speculate that a pattern similar to the previous cycle will unfold.
This pattern typically involves an initial phase of...
Cosmos (ATOMUSD): BINANCE:ATOMUSD
For Atom, we've had to adjust our limit order and counting as we observed an additional rise that did not fit into our initial analysis. This necessitates shifting our positioning of Wave (3) upwards. We are still within the ideal range of the 361.8% extension. Following this, we witnessed Wave (4) and an impulsive Wave (5)...
Buy signal from supertrend. Green line really far away from the current price. Strong indicator of buying signal. Keep in mind most crypto depends on BTC. If the signal for BTC is strong to progress in an uptrend, then the signal for ATOM is also good. Not that cryptocurrency cannot succeed independent of BTC, it's not often and far and few between. I happened to...
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...
ATOM BTC 5 WAVES ELIOT COMPLETED
TREND LINE IN DAYLI SUPORT IN THIS AREA , AND BETWEN THIS POINT AND PREVIUS POIN OF BASE ARE HIDEN POSITIVE DIVERGENCE INR RSI.
Furthermore , this currency is now at its lowest point compared to Bitcoin.
looking to hold support on the low fib to confirm this current bull run continuation if this breaks ill be less likely to hold a bulling sentiment and expect a correction much like we saw before our 2021 bull-run of around 40% before contunation
ATOM, short for Cosmos Atom, is the native cryptocurrency of the Cosmos Network, a decentralized network of interconnected blockchains. Launched in 2019, ATOM serves as the fuel for transactions and network operations within the Cosmos ecosystem.
The Cosmos Network is designed to overcome the limitations of existing blockchain networks by enabling...
It can be difficult to estimate the future value of ATOM, however, my thesis is simple.
ATOM inflation is drastically lower than just a year ago. The weak past price action has a lot to do with the extremely high emissions (that now have stopped).
I believe there will be more interaction with the ATOM ecosystem in the future, especially with the rise of projects...
Cosmos (ATOMUSD): BINANCE:ATOMUSD ATOMUSD
For Cosmos (ATOM), the analysis begins with the correction phase that concluded around $5.65, following the first bull market. Since this point, Waves (1) and (2) in blue have been formed and completed, with the local high of Wave (1) at $17.16. This correction was a three-part downward move ABC. Upon closer...
