Hi, today we are going to talk about ATOM!
In H4 we have a strong zone of negotiation, such zone was important to support that was broke, creating a strong resistance zone, that the price had been finding difficult to break. Zones of intend of negotiation are known as a solid wall that, are serving as a refugee for the Bears.
Thanks for reading.
- Entering Into Kumo Cloud With TK Cross
- Down Trend Resistance Breakout
- Solid Project With Strong #FA
- Keep Your Eyes On It
Buy Around : 4$
Sell Targets : 4.8 - 5.2 - 6
Stop Loss Below 3.8$
Timeframe : 4hrs
Hit Like On Idea For Support..
From the chart we can see price breakdown from the rising wedge pattern with price already completed a wave cycle which we can tagged the breakdown as a corrective wave moves.
Kindly follow the suggested accumulation zone on the chart and always remember to apply stop loss according to your risk mitigation.
Level to watch for are:
POSSIBLE ENTRY ZONE
Tried and true crypto indicator here which 95% of the time signals a trend change in most crypto's I've encountered...we'll see if ATOM plays along.
Breaking above $4.20 would signal a breakout up out of the triangle.
Breaking below the light red and thick red lines at about $3.50 would be pretty bad. Simple as that.
Hi, ATOM community!
Today I’m going to analyze mid-term trading set up for Cosmos.
We should consider 3 keypoints moments here:
1) Price action near Support Zone 1 shows us little divergence between price and RSI chart. We can see that bears haven’t met much buy power pushing price to support 1
2) Price locked in 3.5$ - 4.2$ zone. I’m expecting sideways until...
Atom forming many divergences on all pairs and we take this opportunitty of Bitcoin correction for launch the next wave on Atom Long to $12.50 and don't sell for break the accumulation ascending channel at 1D for new ATH , retest the support trend line , retest 38% Fibonacci , Tarjet 1= ~$12.50 sell and buy the hard dip for break...