Pivot Yearly predictions for Atom using hidden pivotsThis is a very basic but powerful trading idea published as part of my Crypto market analysis for 2022.
It demonstrates the earning potential, predicted by Traditional Yearly Pivots.
On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10.
The Indicator plots automatically on each time frame.
You can have a look at it here:
And a deeper explanation of it here:
medium.com
In the case of $ATOMUSD, you can see the four scenarios on the chart:
1.Likely in case of bear year - Downside to the S1.
2. Likely in case of bull year - Upside to the R1.
3. Likely on as very bullish cycle - Upside to the R5.
4. Likely on a bananas rocket to the moon year - Upside R10 and beyond.
For the whole long read and analysis on the pivot side of the crypto market 2022, see here:
rotzeod.medium.com
Trade ideas
Atom - Pull back to the .618?Good Morning,
ATOM just tested its recent peak and came up just short... good news, that lower high is likely a continuation pattern... we just need to recharge the RSI before we can leap onto the next level!
Here is how that might look, based on a recent similar movement.
If you find this post interesting, follow me, and ill post updates to it periodically.
If you find my homework confusing... definitely follow me... it will start to make sense the more you see it.
Good Luck, God Speed, love and Light!
Atom channel tradingOf all the altcoins Atom is currently the only one that doesnt trade at the bottom of its channel. I would enter a short AFTER it forms the double top on the daily and confirms it with a daily red candle close bellow the sky blue line. BUT dont take this line too seriously its just a line it might get retested so entry on retest is the safest option. For risk takers just go for it when it closes bellow sky blue on the daily and hold this short open for a few weeks its a swing trade so just chill. Stop loss should be the top of the last daily candle. I know its a large loss if it triggers.. but the risk reward is in a good ratio.
COSMOS setting up for a new high with AOTSI don't know what fundamental news about ATOM but it is setting up for a new rally.
anybody who knows pls comment.
Long correction near its end & It has to break 38.33 resistance soon.
recent AOTS (Alingment of the stars, moving averages correctly sequenced)
makes upcoming rally a big probability.
ATOM Short - Entered at 37.7ATOM is a solid project and has risen quite a lot lately, opposite to BTC. Whilst normally I would attribute it to being a solid move, I believe this is simply money moving from BTC into ATOM and not a true breakout pump.
If ATOM continues it's down trend and fails to break out, this could prove a quality short opportunity.
Entry Point for COSMOS Short?Not Financial Advice. :)
Looking at this as an entry point for a COSMOS short. If the Stochastic RSI and moving average cross. After the good news about COSMOS and the recent upgrades. I am thinking of a bounce off the 0.618 FIB ($35.00). Though the double top is a bearish signal. A short would be a higher risk. If we lose support or go below the 0.618 FIB then I think we can consider this a new resistance point. What are your thoughts?
Grade-A GainsThe A's are the winners in the corporate and crypto worlds
ATOM is the latest portfolio gem with an amazing chart. On the verge of a breakout run, price can tag the top of the channel at $60. If it has some time to chew up some time consolidating than $90 becomes the top of that channel. Additionally, ATOM offers attractive APR staking yields from 6% to 9%, depending on which exchange.
ALGO had a similar setup not too long ago.
Recently ALGO followed through with the expected breakout and likely needs to cool off before tapping that $3 to $4 area at the top of the channel.
ADA is another. Abundant gains with a decent APR staking yield currently at 4.91% on Exodus wallet. Recently breaking to new highs, ADA has every reason to take another leg up. Although under $3 is a steal, the chart structure doesn't give any clues to technical price targets yet. All in all, I see ADA having more upside in the coming years than ETH.
Ethereum is looking awful. The double top is concerning and that MACD divergence is not helping.
While we are at it. Bitcoin is also in a pickle with the MACD weak while price is rising to either a double top, or a higher high which is even worse. This would lock in a major MACD divergence, paving the way to a dump right after a false break to new highs. Price needs to grind sideways for a healthy set up to continue.
Similar to how Gold is.
We all know the DXY has some inverse correlation to these assets. Here's what it would look like if there was a major crypto dump. The DXY would break to new lows causing extreme bearishness. Soon after catapulting into a fresh bull run.
(ATOM) On the road to 100 USD ? 📈Hello everyone !
Today H₿ Capital is analyzing Cosmos (ATOM) based on a Weekly chart 📈
What we can see :
- Prices navigate in an ascending channel which is working perfectly since 2019.
- Back in December 2021, prices landed on the lower line of our channel, but, immediately rebounded to the 43$ area where our main resistance is (previous ATH)
- Spreads are near to zero despite the last bullish movement, so people seems to be neutral, which is a good point for bulls.
- There is a nice fib levels convergence.
- Despite this last big moves, we can identify a potential double top on prices and a bearish div on the RSI (wait for the closing time period).
What we can expect :
- If ATOM manages to break the 43$ resistance, then we can expect prices to reach the top of the channel.
- If ATOM failed to break the 43$ resistance level and the double top is confirmed (+ RSI bearish div), then we can expect prices to reach the lower line of the channel (very last support)
Resistances : 43$ (ATH) + Top of the channel
Supports : MM20 / MM50 / Support area / Lower channel
TP1 : 57$ (1.618)
TP2 : 85$ (2.618*)
TP3 : 116$ (3.618)
IF YOU LIKE THIS POST, FEEL FREE TO LEAVE A LIKE AND FOLLOW H₿ Capital
MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)
Update: Cosmos (ATOM) broke volume resistance - looking strongCosmos (ATOM) broke volume resistance - still looking strong.
A conformation also given by the breakout on RSI short-term resistance.
But RSI also slightly oversold.
Why is ATOM so strong against other Cryptos - what do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
Cosmos Rebuy Zones- Everything is mostly depending on TheKing but some projects like Cosmos have been super bullish.
- i won't talk about Cosmos Network FA but this project like to be as peacemaker.
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Trade Plan
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- Buy : 20$ ish
- Rebuy : 16$ ish
- TP : 59$ ish
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- Stop : 13.8$
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- i don't show Fibo too keep this graph clean but 16$ is around 78.6% + ichimoku Weekly Support.
- Manage your entries and your exit points, don't be greedy, and follow TheKing.
Happy Tr4Ding !
ATOMUSD bounced off the 38.2 fib retracement levelATOMUSD could be looking to breakout and retest ATHs for the second time this week. The fib retracement back to the 38.2 and a strong bounce is typically a bullish indicator during a period of fast growth. Looking for continued volume and the MACD to show signs of a reversal.






















