ATOM is one of the greatest coins in the crypto space which did not move too much when compared with DOT or SOL.
When an asymmetrical opportunity arises I'm here to catch it :)
With the constant rise of Cosmos DeFi and many features coming to the Cosmos Hub (Interchain Accounts, Shared security, Gravity bridge, Bitcoin on Cosmos, and many more bridges to all the...
Cosmos (ATOM)
We truly believe that this blockchain project offers something special and much needed to the fast growing and evolving blockchain space.
You see, Cosmos is an ever-expanding ecosystem of interconnected apps and services, built for a decentralized future aimed at serving as the Internet of Blockchains.
In other words, Cosmos is an ecosystem of...
Just looking at the structure and some potential targets for ATOM. What do you think, is there potential to repeat the February 2021 rally? Is that too conservative?
Recently ATOM had a modest breakout as you can see in the chart. It broke out of its descending triangle structure. After that I did run up to around 43ish, stopping short at a resistance level of its previous highs at around 44.
Now, in the chart you can also see that moving averages have been acting as support and resistance. For instance, the 20 day MA ...
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$ATOM seems to be forming symmetrical triangle after symmetrical triangle out of this larger cup and handle pattern.
Looking to be holding supports well and hoping for another break to the upside with a measured move around 20% continuing the bull trend.
We got the perfect example to show you how "Flaming Blades" work
The market showed high volatility ( well we are afraid to call it manipulation )
Cutting leverage and returning to trend.... "simple but effective"
I've never analyzed ATOM on a macro on a logarithmic scale before. I decided to look at a PnL chart and I found a very interesting pattern. We've had about 3 double bottoms finding support that follow with a ~200%-220% increase 8h token value. The next leg up would bring us to around 120$. FA is on point with this possibility as well.
Cosmos/ATOM is the most undervalued platform out of the large caps. It also has the most upward potential. Many do not realize how many other coins/platforms rely on the cosmos infrastructure.. As an example, the entire binance/bnb ecosystem is built on top of atom. That is just one example, I highly suggest you check out the other coins that are built on top of...
squeezing tightly as we approach the end of consolidation, so i'm expecting this one to break soon.
with some bullish hidden divergence along with support on the bottom BB since june, my money's on a breakout to the upside.
even if price breaks lower, i think it's likely to catch a spring and ultimately push higher.
Good evening everyone!
Atom has formed a descending wedge pattern with a possible sign of a clear breakout.
- Watch for price action to retest the 23.6% fib. This could be a good buying opportunity.
- If the 23.6% fib is lost look for a double bottom closer to $30 for an even better buying opportunity.
- When the breakout is confirmed, look for a TP near the 78.6%...
