Cosmos: Iโve Got the Power ๐ชIn the back of your head, you should now hear the intro to โThe Powerโ by Snap! as this is the fitting soundtrack for the ascent Cosmos has accomplished so far. From the low of wave (ii) in blue, the altcoin has realized an increase of about 30%, so the current rest is indeed deserved. Soon, our crypto-friend should resume its climb to make it above the resistance at $15.81. There, Cosmos should finish wave (iii) in blue before starting the countermovement of wave (iv) in blue, which should happen above $15.81, though. However, there is also a 35% chance that Cosmos might develop a new low in the form of wave alt.II in white, dropping below the support at $5.54.
ATOMUSD trade ideas
$20 Atom approaching. Inverted H&S just about confirmed! While everyone else was freaking out last week with BTC fall from 22-23k, the rest of the market dipped also....everyone always gets so short sighted. I knew the dump was going to be temp as long as we stayed above 17.5k(keeping the higher low trend going)...remember that starting in January we shot from 17.5k up to 25k....slowly consolidated down to high 19s-Low 20s to build solid support above previous support of 17.5k...
So now, from here on out, as long as we stay above 19-20k on the next dip then we are still building Higher Lows.
We also built a higher high as well as 25k was previous resistance and we breached that today almost to 27k!...so we just set a higher high in addition to a higher low...BULLISH.
ATOM IS JUST FOLLOWING BTC.
Atom will soon be @20$ once we break the neckline of the Inverted H&S
#ATOMUSD - A 20% Short or Resistance Too Strong?theCrypster -
This ranging wedge formation has a clear level of support/resistance running through the middle of it; we've just received a Sell signal from CTv2 after a rejection on the upper edge.
Are we going to see a huge 20% Short coming off here all the way to the lower support edges, or will this SR band prove to be too strong?
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ATOMUSD (4H) - Hi Traders
ATOMUSD (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 12.47 support level. Only the upward break of 13.10 would cancel the bearish scenario.
Trade details
Entry: 12.47
Stop loss: 13.10
Take profit 1: 12.08
Take profit 2: 11.46
Score: 5
Strategy: Bearish breakout
ATOM looks like it's accumulating for another leg up to $17ATOM looks like it's accumulating for another leg up to approx. $17 to $20. Big Cosmos Ecosystem rewards updates on the horizon {Replicated Security} can possibly slingshot price to that region or even $30 in coming months.
Short-Term we can see 25%-40% gains if #BTC agrees. Even if the retest gets invalidated, I'll start DCA'ing a considerable amount as price approaches the Higher Low.
ATOMUSD (Daily) - Bullish breakoutHi Traders
ATOMUSD (4H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 14.78 resistance level. Only the downward break of 13.80 would cancel the bullish scenario.
Trade details
Entry: 14.78
Stop loss: 13.80
Take profit 1: 15.38
Take profit 2: 16.35
Score: 7
Strategy: Bullish breakout
ATOMUSDT (1H) - Bullish breakout Hi Traders
ATOMUSDT (1H Timeframe)
The market is in an uptrend, and we are waiting for an entry signal to go LONG above the 14.40 resistance level. Only the downward break of 13.74 would cancel the bullish scenario.
Trade details
Entry: 14.40
Stop loss: 13.74
Take profit 1: 14.82
Take profit 2: 15.48
Score: 9
Strategy: Bullish breakout
ATOMUSD Falls For A PullbackThe ATOMUSD appears bearish, with three price targets down; 14.251 can be forgiven due to its proximity, -ย but the price projects down to a potential area zone of 13.110.
And around that 13.110 area, there could be potential bullish reversal patterns to initiate longs up to 14.526 to 15.480, all the way up to a bias of 16.266
Alright, happy trading to you.
ATOMUSD (4H) - Bullish wave LTFHi Traders
ATOMUSD (4H Timeframe)
A high probability, entry signal to go LONG will be given with the upward break of 14.900 after the market found support at 14.080. Only the downward break of 14.080 would cancel the bullish scenario.
Trade details
Entry: 14.900
Stop loss: 14.080
Take profit 1: 16.280
Take profit 2: 17.650
Score: 8
Strategy: Bullish wave LTF
ATOM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ATOM/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Cosmos (ATOM) was another notable mover in todayโs session, with the token climbing for a second straight day.
Following a low of $13.15 on Tuesday, ATOM/USD moved to a peak of $13.84 earlier in the day.
Wednesdayโs rally saw the cosmos move above a ceiling at $13.50, nearing its highest point since November 8 in the process.
Whilst this resistance level was broken, the 14-day RSI was approaching one of its own at 66.00.
As of writing, the index is tracking at 61.77, after it bounced from a support point at 58.00
Should this ceiling at 66.00 be hit, it is likely that ATOM could be trading above the $14.00 mark.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
ATOMUSD Triangle bullish break-outCosmos (ATOMUSD) broke today above the Triangle pattern that started forming after the June 17 2022 Low. By doing so it hit the 1W MA50 (red trend-line), a major Resistance during the Bear Cycle. This is the first bullish signal on the long-term and if it manages to close the candle above the 1W MA50, we expect a short-term extension to the 17.1550 September 09 High.
Closing above this Resistance, would set in motion filling the upper Fibonacci levels of 0.382 and 0.5, which as you see happen to be exactly on the May 05 (20.350) and April 20 (25.100) Highs respectively.
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