It seems like a perfect rebound from a right HS shoulder and from Fib 0.78-1 retrace. Also, RSI is looking as a rebound. I am in favor of a long position ( as the is a positive sentiment to the crypto space). I would wait just a little more time for confirmation.
Additionally FIB 1 retrace is doubled by the trend line which gives extra strength.
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ATOMUSD 4D: BEST level to BUY/HOLD 200%+ gains...
RR = 15.07
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Hello #crypto friends,
I want to keep it short and to the point, showcasing where I am looking to buy $ATOM again.
Seems like the whole market is short at the minute, but $ATOM and some other Alts are oversold and looking very interesting.
If interested in accumulating $ATOM, I suggest you look at placing your orders right at the trend line where I expect a...
buy the dip. i see too many who were waiting for the dip to buy , now shitting themselves. along with all the moonboys out there. this is when you start adding in more to your portfolio. buying it all the way down. it works. it takes time but it works if you TRULY believe in COSMOS aka the backbone of CHIINA BLOCKCHAIN and Interoperable Blockchain
Falling with the market from it's highs ATOM is quickly approach it's longest historic resistance level. Being such a young chart it's the best level that can be found with such little history.
Being that this will be the third testing of this resistance level in the last calendar month, there's a decent chance it breaks this resistance level and heads to a more...
This contains market analysis and is directly related to current market conditions. This is a trade setup with Short and Long signals, it's an attempt to predict near to future price movements.
X - Short signal
▲ - Long signal
• - Possible Long stop
BTC - 13ntpqL3QpbpSUFGWAy5VtBdRZWE3hk5YZ
ETH - 0x139064b55E256b1057F4c7916B63eb9607480DEA
I called this one months ago when we were just breaking into the 3 dollar range. The backbone of China's BSN. I really think this is one of those cryptos that you do not want to get rid of. Unless something changes fundamentally i will be holding and staking my ATOM just like my TEZOS and BAND> LONG TERM with no intention of selling in the immediate future.
Updated View On SGX (29 MAY 2020)
We are seeing some explosive action crypto recently as ATOM is leading the charge.
Hot money are seem to be flowing into crypto space once again.
There are exciting times ahead.
Let's see how high it can go.
DYODD, all the best and read the disclaimer too.
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Disclaimer: This is not financial advice
High leverage trading is all about entries, you need to have patience and to not let fear of missing out drive you into opening rushed positions. Map out your trades in advance and wait for the right entry. Our aim is to capture quick & safe profits, not to predict the future, this is possible only if we plan ahead and...
Ichimoku Kumo showing a clear uptrend on both D1 and M15 charts. If it can sustain this push up and confirm the trend on the H1 and/or H4 chart it will be a clear signal the trend is strong. The MACD has just crossed over into bullish territory on the M15.
The stochastic is showing overbought across many timeframes, so this will need a few cycles of consolidation...