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Cosmos: Well begun is half done!Cosmos seems to have taken this motto to heart and is appearing at its best. The altcoin has already managed quite some altitude difference on its way upwards to the resistance at $21.54, and it should keep going. Once above this mark, Cosmos should be well-positioned for further ascent. A 40% chance remains, though, that the altcoin could lose its steam and drop below the support at $5.54. In that case, Cosmos should make a detour through the turquoise zone between $5.27 and $0 first before starting to rise anew.
BINANCE:ATOMUSD
by HKCM_Global
ATOM, great more than 130% in few week!At the beginning of July we posted an image of ATOM in which it was in a macro support at the price of $ 7.8 we opened a Long the result was very interesting. we made more than 130% in a few weeks. There is currently an important resistance (red box) where the price could go down a bit or break up. Much will depend on BTC, if the bear market comes to its end, ATOM will also do very well. We stay in HODL, see you soon for new updates. LPI.sa
COINBASE:ATOMUSDLong
by LPI_Investments
Cosmos (ATOM) - Short to $4 Just a quick update on one of the alts I've been following this year. I ALMOST accumulated some for a swing trade near the $7-9 levels. Here is the post from June, where I considered doing this. Back in February, I speculated ATOM could drop all the way to $8, breaking the long term uptrend. Here is the post, when price was still near $30. Since June, ATOM has rallied better than most altcoins from the lows - going up nearly 100% in value within a couple of months. It would have paid to buy those lows and sell now. But would it really have been that worth it? There are already some signs that the rally is about to fall apart. Although there is still potential for it to head back to the $15-20 levels, I decided to open a short alongside my $1700 ETH short, around $12.70 on Friday. I have a stop near break even in case it wants to push a little higher first. Why am I shorting ATOM, of all coins? Well, although I really dislike Tron (TRX) and would love to keep trying to short it profitably, ATOM's volatility is more fun :) Let's see if we can get a bearish impulse at least back to the lows, near $5.50, and eventually a new low. This idea will be invalidated in the short term with a break above the $13 level and reclaiming the broken uptrend. Bearish confirmation will be a break below the secondary uptrend, currently holding as support. Zoomed in: This is not meant as financial advice - it is meant for speculation and entertainment only. -Victor Cobra
COINBASE:ATOMUSDShort
by VictorCobra
ATOM is still outperforming BitcoinHey Cosmonauts, Atom is still outperforming Bitcoin and the whole crypto market. Currently, no sign of threat for the short term uptrend. Prices and Lagging Span are still above daily cloud and Kijun. There are two main target for prices, but first, they need to break the resistance at $12.93. Then, flat of daily SSB, at $16.63, and weekly Kijun, at $19.44, are the two main targets. The first support is the daily Kijun, at $11.7. Then, the cloud is the next support area. Let's see how it goes !
COINBASE:ATOMUSDLong
by Augustus1st
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