COSMOS broke up this triangle 📐 and I think there is chance for run to 51.5 and even higher. Setting BUY LIMIT order to catch the pullback. ATOM ⚛️ come on!
ENTRY : BUY LIMIT - local high @ 41.0
STOPLOSS : local low @ 38.8
TARGETS : TARGET1 - resistance @ 47.9 | TARGET2 - height of the triangle projected from midpoint of the local range (BUY LIMIT -...
Hi dear traders
In the previous analysis, we reached the desired targets.
ATOM is very bullish, resistance 45$ was not broken and the price bounced back.
The ascending triangle pattern is formed, if the upper side, which is the resistance area, is broken, the price can climb towards the 50$, 55$, 60$ targets.
Otherwise it is possible to return to the support...
We see that atom will have a market.
After repeated analysis, we feel that atom will drop and correct the price in the last week.
short atom: 42.1~42.6~43.6
Hello Trading community.
Nice to meet everyone who is looking for This Ideas. I`m glad to hear your opinion about this .
So what is the Idea.
Atom was broken the triangle and grow up to $44.6. After then we have some correction down to $41.15 and then it started grow again. So we can sure that it is not fake gap and will wait it at $48.6 and $51.2.
ATOM is in up trend from month ago.
And broke the triangle to the upside.
Now I think it goes for retest.
Close a 4h candle below 38.6 is my stop lose.
Good luck and name the risk.
Especially these days that everyone expect hard falling!
Atom is heading towards the major resistance zone again. Looks like the resistance is getting weaker, RSI bounced back from the bullish zone as well. Closing a daily candle above $45 will take it to $59-$60 zone. Sharing the atom/btc chart as well.
In Weekly TF , we have a powerful uptrend channel that now is reacting to middline of channel and 44-45 static resistance .
if you are a long term holder , then you expect to reach 100$ , if it breaks 45$ in a Valid situation (WeeklyTF) .
pay attention it's not an offer to buy in this area , just an idea for holders .
Good Luck !