ATOMUSDT 4H#ATOM is ready for a move. In case of a breakout, the targets are:
$8.936
$9.187
$9.507
In case of a break to the downside, support is $8.011
ATOMUSDT.PS trade ideas
ATOMUSDT.1DBased on the technical analysis of the ATOM/USDT daily chart provided, here’s a detailed and professional first-person analysis in English:
Upon examining the ATOM/USDT daily chart, several key technical indicators and levels emerge, providing insights into potential price movements.
Trend and Resistance Analysis:
The chart shows that Cosmos (ATOM)
has experienced significant volatility, with the current price around 8.692 USD. The price is currently in a consolidative phase, attempting to break above the immediate resistance level marked as R1, around 10.924 USD. A successful breakout above this level could lead the price to test the next significant resistance at R2, which is around 13.110 USD. The overall trend appears to have an upward bias supported by a rising trend line (S1), indicating increasing buying pressure.
Support Levels:
On the downside, the primary support level is identified as S1 at 6.029 USD. This level has shown strong buying interest previously and could act as a floor if the price starts to decline. Below S1, the next significant support level is at 6.158 USD, which has also been a critical support zone in the past.
RSI and MACD Indicators:
The Relative Strength Index (RSI) is currently at 45.68, indicating a neutral position. The RSI is neither in the overbought nor oversold territory, suggesting that the market is currently undecided and waiting for a clear direction. The Moving Average Convergence Divergence (MACD) indicator shows a slight bullish trend, with the MACD line (blue) slightly above the signal line (orange)
and the histogram indicating positive momentum. This suggests that bullish momentum is currently building.
Volume Analysis:
The volume pattern indicates moderate trading activity, with no significant spikes during recent price movements. This suggests balanced participation from both buyers and sellers, contributing to the current consolidation phase.
Conclusion:
In conclusion, the ATOM/USDT pair is currently in a consolidative phase with a slight bullish bias. The RSI indicates a neutral position, while the MACD suggests building bullish momentum. Traders should closely monitor the support levels at 6.029 USD and the resistance levels at 10.924 USD and 13.110 USD. A break above the resistance levels would confirm a bullish trend continuation, while a failure to hold the support levels could lead to further declines.
Overall, the market sentiment for ATOM remains cautiously optimistic, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
$$$ATOMUSDT SYMMETRICAL TRIANGLE$$$Dear Traders,
We are convening a discussion focused on #ATOMUSDT
The Symmetrical Triangle Pattern is Formed
Now it's Ready to Break the Pattern
In Case of Successful Breakout, Expecting a Bullish Move of 20%🚀😉
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Cosmos (ATOM): Bouncing On a Trend / Wait For BreakdownCosmos has been bouncing on a trend ever since breaking down from EMAs.
As price is pressuring the trend, we are looking for a breakdown to happen from here, but we might see one re-test to EMAs before that. Now all we can do is wait and keep an eye on both trend and EMAs
Swallow Team
ATOMUSDT IDEAHello Traders Hope You Are Enjoying Our Analysis. Today We Will Discuss About ATOM
(Update)
The Symmetrical Triangle Formation On 4H Timeframe☑️
In Case Of Successful Breakout Expecting Massive Bullish Wave Towards 10$ Soon✍️
Long signal for ATOM/USDTThis technical analysis is based on the daily chart of BINANCE:ATOMUSDT on the Binance exchange. In this analysis, a price channel is drawn, and support and resistance levels are evaluated.
Price Channel Analysis:
The price is currently within a price channel ranging from 7.789 to 9.948 USDT.
The suggested entry point is around 8.416 USDT.
Entry and Exit Points:
Entry: 8.416 USDT
Take Profit: 9.948 USDT (18.22%)
Stop Loss: 7.789 USDT (7.44%)
R/R Ratio: 2.45
Conclusion:
This analysis suggests that by adhering to the specified take profit and stop loss levels, a successful trade can be achieved. The Reward/Risk Ratio for this trade is approximately 2.45, indicating a highly favorable risk-to-reward scenario. To manage risk effectively, it is recommended to strictly follow the stop loss level.
ATOM is ready to takeoffATOMUSD - a native token of Cosmos blockchain, is preparing for the breakout and building at the upper border of a consolidation. A large triangle is completing at the long-term support area.
As BTC and ETH are displaying growth, but other cryptocurrencies, such as ATOM, still lay at the support area, we may observe a rotation from flagship cryptos to undervalued ones.
ATOM is one of the largest markets with a more than 3 billion market cap, one of the high-quality instruments, along with Solana and similar assets.
Breakout usually represents a good asymmetrical trading opportunity with low risk and extended reward.
Don't forget - this is just the idea, do your own research and never forget to manage your risk.
Possible downward moveIn the technical analysis of ATOM, supply and demand zones as well as key levels can be identified. Currently, the range of $9 to $9.3 acts as a strong supply zone. This area is considered a significant resistance level that can potentially push the price back down to lower levels.
If the price fails to break through this resistance, there is a possibility of a downward move towards the range of $8.5 to $8.2. In this range, there is potential demand that can prevent further price decline and even lead to a rebound.
Cosmos (ATOM): Another Rejection From 200EMACosmos has had another rejection from 200EMA where the price is now possibly going towards the lower support zone.
As we had another rejection / fakeout, we think that price will bounce from one side to another until it is pressured from both sides (end of triangle formation).
Swallow Team
$$$ ATOM, Retest confirmation is done now.$$$Welcome, Trader. Welcome to our crypto community! 🚀We are delighted to welcome you, whether you are an experienced trader or new to cryptocurrency.
We are willing to discuss #ATOMUSDT💹.
#ATOMUSDT 🔥🚀.
___________
Update:
Time Frame: 10 Hr
➡️ ATOMUSDT formed the falling wedge pattern.
➡️ Breakout is done successfully 🚀.
➡️ Retest confirmation is done successfully.
➡️ We anticipate around 33% in the medium term. 👉✅.
ATOMUSD 5R LONG IDEAATOMUSD is currently at the bottom of the monthly trading range, this is an good R:R entry. We may wick down to get some buyers liq and take out late shorters. taking a small entry here, cautious with the btc rejection.
TP1: 8.7
TP2: 9.4
SL: Daily close under 8USD
R:R 5
Cosmos (ATOM): Will Move To Lower Zones?Cosmos has moved nicely to the lower zones here after a rejection from 200EMA zone.
We are not seeing some small bounce momentum where price is trying to secure that middle line of Bollinger Bands, but despite that, we see further movement to lower zones to happen (as long as we are below 100EMA).
Swallow Team
$ATOMusdt big move #ATOM is now trading around 8.455$. #ATOM is moving inside a symmetrical triangle on daily time frame. So the Possible scenarios are If the price pumps up and breaks out of the triangle, we can see bullish momentum in it. Otherwise If price dumps and breaks down the triangle, we can see bearish momentum.
Stay tuned with us for further updates
ATOM's Long TriangleCosmos (ATOM) has been in a bearish trend since early 2022.
I believe it should complete this bearish triangle before visiting the ~$4.5 area for the last time.
If my counting is accurate then it should target a new all time high in the future.
accumulation and distribution in cosmos atom, hello, community. i would invest long term like this with atom as i plan to just dca.
feel free to ask.
blessings.
ATOM/USDT In a Perfect Position to Rebound From Support 👀🚀💎Attention, Paradisers! The trading landscape for #ATOMUSDT is heating up and you don't want to miss out on what could be a golden opportunity to catch the bullish reversal.
💎Right now, Cosmos is moving towards a pivotal support level of $7.58, a make-or-break point that could lead to significant gains. If this level Stays steady then NASDAQ:ATOM can see a strong upward push soon and target the resistance levels that we've identified as key targets.
💎However, there's a twist. If Cosmos fails to hold this $7.58 line and slips below it could lead to a possible continued decline. The next critical area to watch is the $7.25 demand zone. This area is a proven battleground that has shown strong buying activity in the past, thanks to the solid backing by market liquidity.
💎If #ATOM revisits this $7.25 zone, it's crucial for it to bounce back to avoid a deeper slide. If it fails to rebound, the downward spiral could intensify, dragging down sentiment and possibly leading to further price drops. This is a crucial moment, and acting swiftly could mean the difference between riding a wave of profits or watching from the sidelines.
MyCryptoParadise
iFeel the success
ATOM/USDT 4HInterval Chart ReviewI invite you to review the chart of ATOM in pair to USDT, on a four-hour interval. Let's start by identifying the upward trend channel in which the price is approaching the lower border using the blue lines.
After unfolding the trend based fib extension net and using the fib retracement net, we can determine the support at the level of $8.28, then support is visible at the price of $7.91, and then we have a strong support zone from $7.72 - $7.24 $.
Looking the other way, you can see the first resistance at $9.19, then significant resistance at the upper border of the channel at $9.63, the next resistance at $9.93 and the next resistance at $10.35.
When we look at the RSi and STOCH indicators, we will see a move below the downtrend line, now we need to wait for the move to break above this line.
#ATOM/USDT#ATOM
The price is moving in a bearish channel on the 12-hour frame and adheres to it well, and the price rebounded from the lower border of the channel at the green color at the price of $7.30.
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that was broken to support the rise
Entry price 8.78
The first goal is 10.00
Second goal 11.17
Third goal 12.40
Cosmos (ATOM): 200EMA Secured, Now 100EMA Should Be Broken!Cosmos has nicely secured 200EMA, and now we are keeping an eye on a possible breakdown to happen at 100EMA, which is now holding the price up and giving some kind of supportive zone there.
As soon as we break and secure it, we should see further movement towards the target zone!
Swallow Team
