Cosmos has a nice setup here, and as a bonus it yields 20% or so if staking on-chain. (plus the chance to get airdrops that might be worth between $0 and who knows how much each time)
The daily trend points to a steady rally until Feb 15th or so, depending how high it goes, this could evolve into the monthly trend being valid and upside to $27+ opening up over...
Definitely short...but who knows?
Bulls are trying to push price above 14,50usd but in my opinion they dont have any chance...rising wedge...
FED 's decision is so close...
We have a strong supply zone around $14.1 to $14.75.
Considering the weakening of the upward trend of this currency and macroeconomic data such as the determination of the interest rate by the Federal Reserve in the remaining hours of the day, I expect the price to rise to around $14.3 and then drop to around $12.5
What Is Cosmos (ATOM)?
In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.
ATOMUSDT appears to have recently grabbed new liquidity from the monthly support on the $8.7 area, creating a breakout that led to profitable trades.
Currently, the market is testing a weekly descending channel.
This channel represents a period of downward price movement that is bounded by two parallel trendlines.
We will be closely monitoring whether the...
Hello to all out there and good day!
Here we have ATOM COSMOS on the 4-Hour Chart setup.
We have this Chanel that ATOM has been trading in and may be at the top as it has tried # 3 times to BREAK this upward channel but failed.
ATOM must hold the 12.80 SUPPORT ZONE if the COIN wants to move to the upside.
The NEXT BULLISH Targets to look out for will...
ATOM has been formed a rounding bottom pattern.
The price is currently trading near horizontal resistance.
The same zone is also a breakout zone.
The price from last 10 days is trading near the breakout zone and has multiple attempts to break above but failed.
We are expecting a breakout above the zone.
Manage your trades accordingly.
Over the last two weeks or so, ATOM has been slightly trading upwards, forming a rising wedge in the process. Rising wedges are classically bearish reversal patterns, but since the market is most definitely bullish, I'm not looking for a bearish entry, but for a bullish one instead.
A patient trader will wait for a confirmed break out through the top resistance...
The price is below the downward trend line and PRZ of the cypher pattern and is in the ending channel with weak momentum
There is a possibility that the price will decrease, but for now there is no sign of a change in the trend
Hello, Fellow Cryptocurrencies Trader/Investor!
Price Action Analysis
ATOMUSDT is moving above EMA90, indicating a bullish trend. The Breakout of Descending Broadening Wedge Pattern suggests a Medium-term upside movement. MACD Indicator made a golden cross, signifying a possible upside movement to the target area.
Other Technical Drives
U.S. Dollar Bearish...
hello guys...
who has this pair BINANCE:ATOMUSDT ?
in the weekly time frame price formed two Quasimodo patterns at the top and the bottom...
if we consider the price to respect the last trendline (just a scenario) then we should expect it move to down until the QML of the bottom chart.
what if the price breaks the lase trendline then reaches QML at top of the...
If the current strong support of $12.534 is broken, the decline could continue to the $10.485 range. But if the supports are maintained, we can expect further growth up to the resistance range of $15.814.
Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Nothing has changed from my last idea, setup is valid, waiting my targets.
Entry: market and lower
Target: 15 - 19 - 22 and maybe even ~25
after first target reached move ur stop to breakeven
Stop:...
BINANCE
