💹 Let's delve into this cryptocurrency, ATOM, and review our previous position update. If there are new entry points, let's analyze the chart again.
🕰️ In higher time frames like the weekly, except for an event in September 2022, we're still oscillating within a box. Currently, there's no spot entry for buying, and it's better to wait without getting involved...
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In the daily and weekly time, it went through a complex mixed cycle that grew up to the $45 range, after which a three-wave correction was supported until the bottom of the channel, after which it finally exited the medium-term ascending channel with an ascending wave X. . But currently, with the support in the blue box and with the failure of the dynamic trigger,...
📊Analysis by AhmadArz:
🔍Entry: 8.111
🛑Stop Loss: 8.323
🎯Take Profit: 7.898 - 7.637
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ATOM looks bullish for a scalp, the rsi had a bullish divergence and volume is looking stable. USDT.D is also looking overextended and due for an correction.
TP1. 8.5
TP2 9
R:R 6
SL 4H close under 8.15
☀️Today, let's delve deep into the intricate dance of the market, particularly focusing our attention on Atom. As we navigate the current landscape, it's evident that the market is still caught in a state of indecision, oscillating without committing to a definitive direction. However, amidst this uncertainty, there's a subtle shift in momentum—a slight dip...
Will keep this one short. So many easy money setups in the market right now :)
Think we will see Atom push towards that big resistance area coming weeks, likely within this year.
Stay safe!
#ATOMUSDT
UPDATE
Hey all friends and traders. Hope you are enjoying our analysis. we are here to analyze ATOM today.
Falling Wedge Formation in 1D time frame.
Expecting 70%+ profit so far🚀
Atom has formed the double bottom and if its break the neckline of 9.2 value, we can expect an upward movement.
Trend will be reversed and its bullish divergence along with reversal patterns.
Last time to buy from key support levels.
It will be bullish after onward.
CRYPTOCAP:ATOM is a interchain system token that helps companies like dYdX and Celestia scale. The token is fundamental to scaling the industry, which makes the last two years look like an accumulation phase from which it could fly $23+ on the right sentiment. I believe we may see some unexpected news from Cosmos soon
Logarithm. Time frame 1 day. Pivot zone.
A triangle was formed under the descending trend.
🟢 Its breakthrough — reversal and price growth.
🔴 No breakout and downward breakout of the triangle — realization of expected targets of the descending pennant. Stop losses are now very short.
On a larger scale on the linear looks like this.
Pair to bitcoin. Very...
Hi traders, we trade what we see and timing matters, a look into ATOM and its potential of 100% roi long term. Simplified on the chart and from history we should expect a breakout to the upside soon. Buy and Hold this asset.
Tradehubng
Trade setup: Price broke below 200-day moving average, which is a sign of Downtrend. Near-term, however, it broke from a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that...
ATOM is looking bearish after a nice bounce of the lows, currently going up with a decending rsi, creating an divergence. BTC Also has an CME gap at 64030 so i expect this to be filled this week, this would also bring down the alt coin market.
SL is clear 4H close above 9usd
TP1 8.6
TP2 8.35
TP3 7.8
R:R 5
#ATOMUSDT
UPDATE
Hey Traders , I hope you are doing well, Today we are giving updates about Atom,Atom is forming falling wedge in 4H.Soon it will break down this pattern and we will see a massive 30% bullish wave
