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ATOM : Beware of the retracementHey Cosmonauts, After the sweet bullrun of this summer, prices are retracing and are now below the daily cloud . Beware of this area. Currently, the daily Tenkan is a resistance to break to go back at 12.98$ . Note that a strong support saved the prices, it's the Fibonacci golden ratio (0.618) at 11.2$ . The bounce will depend on next trading week, with new important macroeconomic results and company quarter results. The volatility remains important and Bitcoin is on the hedge of its medium term support : risky market for the moment... Cheers !
COINBASE:ATOMUSD
by Augustus1st
Cosmos: ComebackCosmos has come back below the green strip between $12.75 and $12.17 and should be very careful now, as there isn’t much room left until the support at $11.54. There already is a 40% chance that the altcoin could drop below this mark, which would then trigger further descent. However, as long as Cosmos abides above $11.54, we still primarily expect it to get its act together and to develop strong upwards momentum. Thus, Cosmos should be able to rise above the resistance at $16.96, heading for the green zone between $22.38 and $25.88.
BINANCE:ATOMUSD
by HKCM_Global
ATOM/USDT - October 12ATOM-USDT is going as per plan and nothing changed at the moment. There could be some retracement at 15 for further downward movement. Target is still same as I have already mentioned in my chart of Sep 27 . Pair need to break 11.30 support for downtrend. Waiting for CPI data which will be released on this Thursday. Note Please never follow anyone blindly and always remember following key points: 1- First and Last thing in trading is patience. 2- Risk management in trading is a Key so use your money accordingly. 3- Please Don't think I'm always right. I could be wrong, same as every other trader. 4- I always posted my thoughts, not financial advice. 5- Please use your mind and try to get knowledge about market. It will help you in future Thank you and Good Luck!
COINBASE:ATOMUSDShort
by SibiSh
2
I have 30 AtomUSD trades to make 10 million dollar in 3 monthsI have 30 AtomUSD trades to make 10 million dollar in 3 months. I'm looking for another trader as partner so we both can make 10 million dollar at least in 3 months. You only need to start with 10$ as your initial capital, so you only need to risk 10$ or more for this. if you have more you can make more. I'm willing to share my trades with one person only not 10 people. All you have to do is to have at least 10$ in your account and take the trades. You will win every trade starting with the first one. Every trade will have a stoploss and target profit. Message me if you're willing to partner with me.
FTX:ATOMUSD
by NoneSense
10
I have 30 AtomUSD trades to make 10 million dollar in 3 monthsI have 30 AtomUSD trades to make 10 million dollar in 3 months. I'm looking for another trader as partner so we both can make 10 million dollar at least in 3 months. You only need to start with 10$ as your initial capital, if you have more you can make more. I'm willing to share my trades with one person only not 10 people. All you have to do is to have at least 10$ in your account and take the trades. You will win every trade starting with the first one. Every trade will have a stoploss and target profit. Message me if you're willing to partner with me.
FTX:ATOMUSD
by NoneSense
1
ATOM retains its crown, for now. 👑🐻ATOM has been in a 105 day uptrend since making a bottom back in June. Last bull run I was hyper bullish on ATOM but I exited super early around $16 and $27 while it went on to crack $40+. To my defense I was piling in around $3, $5 and $8 when no one was really talking about it. This Bear Market ATOM has proved to be a stand out that has flown under the radar. Looking at the chart there is a lot to take in. Starting with the uptrend channel you can see it encompasses most of the local tops with the exception of an over throw double top with a rejection back to the Demand Zone. Demand Zone - Tons of Sell pressure Supply Zone - Tons of Buying Pressure I recently entered ATOM in the 12.90 range If ATOM continues to maintain its structure the next logical move up should lead to the $20 dollar range. What we need to watch for is the trend to not reverse or making a lower high. Note the labeled swing low at $11.51 this is where my stop loss will be but there are more critical levels on the higher time frames, they are just lower. Typically I roll with a tight stop loss because we are in a Bear Market and you can get whacked hard in a matter of seconds. However, for this trade I am going to allow ATOM more room to flex. Regardless of the 105 day uptrend we did make a lower high on the weekly and a lower low. If ATOM loses 11.50 the next level is not much further down around $10-10.40 but you will save an extra 10% by not riding the full swing down. Even though ATOM is bullish we still must protect our selves because zooming out its entirely possible to see a retest or higher low than its $6 bottom. You have to take into account there is a chance we are starting to notice ATOM at the tail end of its run and not 3rd week of a simple correction. On the off chance ATOM revisits $6 range I will be a buyer for a long term hold. Given its past performance plus 16% APR for Staking on Binance 6$ would pretty much be a win win situation. At 6$ I would not be looking to sell but switch from trading to DCA strategy. Please read this post 2-3X and spend some time looking at the chart if you are interested in ATOM, there is a lot going on here ATOM 1W CHART:
BINANCEUS:ATOMUSDLong
by jlouvierobv
2
Bull Flag on ATOM Until Proven OtherwiseFor me the best time to buy would have been at the 0.886 Retrace Below but i was not looking aware of ATOM being at the .886 at the time. If one wanted to be patient they could wait for ATOM to come back down to the 0.886 level and try to play some sorta Double Bottom but there's a possibility that a significant continuation up happens before it goes back down there so as a bit of an Aggressive Continuation Trade I'll be risking a bit here to try to realize a 60%-80% Gain based off what looks to be a Bull Flag in a Local Uptrend showing some Hidden Bullish Divergence.
COINBASE:ATOMUSDLong
by RizeSenpai