ATOMRLUSD trade ideas
Cosmos (ATOM) Renko-Chart without noise - $31.5 to watch forCosmos (ATOM) Renko-Chart without noise - $31.5 to watch for
Breaking this price level would give a clear bullish picture.
But the red price resistance channel is not broken yet.
What do you think? Do you hold ATOM? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
ATOM USDTLooks like it kept its uptrend shape but will it hold as Biden makes his crypto executive order official?
Staying in the sidelines until I see what’s going to happen here.
BTC has a massive bloody river going downstream
Bad so bad.... :(
Please comment any events that you think might sway crypto from here on our
The $ATOM situation, after the reboundETH just joined the M50 daily which caused a legitimate rejection. In the meantime, ATOM joined the 32ish level which also caused rejection, legitimate one as well.
Now, we want to see a slow retrace to the 29,5-30 level where bulls will need to show up strong to pursue the HTF uptrending
H4 is the key TF, imho
I will be waiting ATOM at this 29,5 level, with cash from the previous short to go long and target 36 / 44 / 97 long term
ATOM may reverse soon…next 2 movesAtom (Cosmos) may range trade for a while bounded by the support & resistance zones until a BO with conviction.
In the short term, it may still go down to retest the low or the uptrend line before a reversal rally.
I’m not sure if you can consider that a diamond reversal pattern.
Not trading advice
ATOM, step back and rebound.The following content is machine translation:
Step back to the last wave of callback, stop falling and rebound, and rebound again.
Indicator macd bottom divergence.
Near support 25.
Operationally bullish, falling below the 25 stop loss, near the new high above the target.
Bears cash in on the latest opportunity by taking ATOM priceThe latest Cosmos price analysis shows cryptocurrency trends are going in the bearish direction for today. The price of ATOM/USD is rapidly declining as it has now dropped down to $26. The short-term trending line is going towards the descending direction as well as the bears have been at the leading position since 8th February. The bears might take the price further below to set a lower low for February.
ATOM - Bullish / Bearish scenarios The crypto market has never existed amidst 7.5% inflation. Therefore it is very hard to predict price movements over the next year.
ATOM is one of the most technologically superior projects, and I think it will perform extraordinarily well during crypto's NEXT bull market. This bull run should come at the latest September - October '22.
Until then, here are two possible scenarios for where ATOM can move over the next few months.