ATOM is well on its way of forming an inverse head & shoulders pattern, which is a bullish reversal pattern.
I'm waiting for a break out through the neckline before considering a potential entry. Targets placed at recent areas of importance.
If not now, when?
See, we shared FTMUSDT yesterday and it is starting to grow.
We shared LINKBTC and this one is also... As well as RENBTC/RENUSDT, APE, SUSHI, WAVES, etc.
Do you think Bitcoin and the Merge will let everybody go ahead and just stay out of the game?
Maybe but maybe not.
They are bigger so it takes longer for the acumulation phase to take...
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Let's start with what COSMOS (ATOM) actually is.
Cosmos is a Proof-of-Stake Layer 0 blockchain, that solves the problems of Scalability, Usability, Sovereignty. In a nutshell, it's the base layer for other blockchains.
The Cosmos Network is a decentralised ecosystem of independent...
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Everything on the chart.
growth from current price or through one more decline in zone ~8.5$
Entry: market and lower
Target: 15 - 19 - 22 and maybe even ~25
after first target reached move ur stop to breakeven
Stop: (depending of ur...
Hello trader!
Welcome back to another episode with Analyst Aadil1000x and we are back with a new way of trading.
This is a trade of Atomysdt and in this trade, we will take Sell at a psychological round number.
The main reason to Sell Atom is that it's below the 200 D1 moving average indicator which shows its trending bearing and we will only take short entries...
Price and RSI chart formed a bearish divergence confirmed by trading volumes (1H TF)
ATOM tests 200EMA as resistance (1H TF)
I expect price to fall after fixing below the lower boundary of the range.
ATOM had good price growth during the last week. After the selling pressure that led to the break of the $9.4-$9.7 support area, in the $9 support area, the buyers pushed the price back above the support level, and as you can see, it was a fake break. With the pullback and the reaction to the support level, it is expected that we can continue to see price growth...
ATOM, previously one of the better performing alts, has been selling off hard recently.
In my view, there's likely more downside for this token. Personally, I'm waiting for the triangle to break out on the bearish side.
First target at the most recent capitulation low, second at $8.
cosmos is at an important level of 4HR and daily support
Entry at current level = 9.866
SL at daily & 4 HR support= 9.73
TP1 at fib0.236 level= 10
TP2 at 4 hour Resistance = 10.13
ATOMUSDT has ben trading with in a symmetrical triangle. The price has break above the symmetrical triangle.
The bulls need to sustain price above the triangle.
Trade your levels accordingly.
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(ATOMBTC 1W chart)
The most important point is 0.0004 448 .
However, it is the range between 0.0005 440 and 0.0006 266, which is the range that can protect the rising power from the current...
I am expecting higher high with bearish divergence or double top: we touched VWAP and there is some kind of diagonal resistance, filled monthly FVG. The daily is broken so v shaped top is in play too. I'd like to see retest to have a nice entry and down to 4.2. If that won't hold then lower to finish the pattern.
Zooming out to the weekly, ATOM has reached the conditions to consider the correction to be finished at 5.55.
My primary count considers we´re in wave 2 of a possible reversal to the upside. I´m still waiting for bullish price action go get into longer term trades.
Alternatively, we could have one final breakdown below 5.55, which I expect to be quickly bought...
Atom is one of the currencies that did not reach new lows due to the large drops, and this is one of the signs of strong buyers of this currency. there is.now.in.a.long-term.ascending.channel.in.the.bottom.there is.a.movement.that.I.imagine.for.these.days.
by.closing.at least two.candles.below.the.trend
There are 3 best prices to look for an short opportunity/
We are still in bearish bias, so we should consider any movement up - as an opportunity to short!
Always wait for a reaction on this levels!
Holding above a critical level on ATOM, 9$ was a top August 2020, and a bottom last July, historically the next level up would be around 14, and $22 above that.
Possible Bullish Gartley completing at the 1.272 retracement from our September highs with bullish divergence locally on the RSI on the daily and 4hr.
The weekly shows a weaker drive of divergence as...
BINANCE
