Cosmos PredictionCosmos is a great Blockchain and Hub with revolutionary technique.
IBC , Cosmos Hub, Tendermint consensus, Cosmos SDK and much more.
Cosmos will be a big competetor to Ethereum with a growing network and great Token and Chains like Band Protocol , Injective etc.
Macroeconomic Recession and Crypto bankruptcies are partly the reason and trigger for this correction.
The Market sentiment is changing and the FED maybe lowering the central bank rate increase.
Furthermore everything is already partly included in the price.
Short timeframe Prediction: +-
Long timeframe Prediction: really bullish and maximalist
Lets go to the MOOOOOON!
ATOMUSD trade ideas
ATOM USDT Short 👑Hello TradingView community 🚀 and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the ATOM chart.
At the moment price break the triangle.
Then, I think ATOM breaks continue to move down to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
Be prepared and save your money. Make big profits!
ATOM USDT LONG Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the ATOM chart.
At the moment price break the triangle.
Then, I think ATOM breaks continue to move down to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
Be prepared and save your money. Make big profits!
Atom did the most over the weekend(from nov 5) "totally not an expert here, but +~40% in a 2 week period is a red hot run. feel like its time for a retracement to some support for more fuel upward. yellow line is one i've been abiding by for the last few weeks, drawn up based on past supports and averaging their area. that is acting as my bull scenario. ghost bars are a skewed mirror of the last 3 months and act as downward trajectory with a large buy target of around 10.6 usd if the market decides to dump.
sales were laddered with targets in the 14.75-15.80 range with 16usd as the max i'm willing to be greedy. entry was around 11.75
honestly wouldnt be upset or surprised if atom took a turn in the short term and lost around 15-20% since these past few months has been a boom time since the low of around 6 bucks."
updating that idea, it seems my broad path (yellow) was generous in the time it would take for targets to be met since there is some misalignment. i was banking on the moving average cross to fuel a rise to the 16 dollar area before rejection. i still have a buy anticipating retracement to the mid-high 13.xx area, having sold 2/3 of my position around 15.50. expecting a mid week fall to my short term target area. meltdown target is still the big buy box in the 10 dollar area, but that is a position on my weekly timeframe views.
im short term short, mid term long, long term long with caution
Cosmos Surprising- Atom have been more bullish than others altcoins on his come back.
- Seems like we got a Bottom around 5.4$.
- Like always in cryptos, everything can happen as most of altcoins will follow TheKing, so invest wisely.
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Trade Setup
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Buy Zones : 11.5$ - 10.5$
- TP1 : 19.5$
- TP2 : 29$
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2 strategies for this trade :
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1/ - Set a Stop Loss around : 9.5$
- i never do that because cryptos are too volatiles and can make fast dip wicks, i prefer DCA rebuy.
2/ - invest only 25% at actual price and keep some juice.
- invest 75% if Atom back to Bottom around 5.5$
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Stay Safe ! Happy Tr4Ding!
ATOMUSD (1H) - Bearish reversalHi Traders
ATOMUSD (1H Timeframe)
Waiting for the downward break of 12.10 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 12.78 would cancel the bearish scenario.
Trade details
Entry: 12.10
Stop loss: 12.78
Take profit 1: 11.69
Take profit 2: 11.03
Score: 8
Strategy: Bearish reversal
✅TS ❕ ATOMUSD: bounced strongly✅✅ ATOM bounced strongly from the support level and went up.
The price made a small correction.
I expect growth.✅
🚀 BUY scenario: long to 13.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ATOMUSD (1H) - Bearish reversalHi Traders
ATOMUSD (1H Timeframe)
Waiting for the downward break of 11.44 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 11.87 would cancel the bearish scenario.
Trade details
Entry: 11.44
Stop loss: 11.87
Take profit 1: 11.19
Take profit 2: 10.77
Score: 8
Strategy: Bearish reversal
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 !
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.
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!