Whats Your Idea?Double Bottom?
This Pattern was Created on a 15-minute Timeframe, So This Looks Double Bottom, Or ..? Whats Your Idea?
ATOMUSDT.P trade ideas
Goodluck $ATOM BINANCE:ATOMUSDT is currently endeavouring to breach the key resistance zone. Once it successfully overcomes this barrier and the descending trendline originating from September of last year, the subsequent target for BINANCE:ATOMUSDT could be the critical $20 zone. Good luck!
ATOM is comleting Wave XHello
This is the elliot wave analysis of ATOMUSDT in daily TF
another bullish movement is expected to cover wave X and after that a deep decline is probable to fill wave Y
What is in your mind?
let me know please
ATOM: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Stop Loss (SL) at $9.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00, then $15.40.
#ATOM Waiting for the triangle to breakIn the 4-hour timeframe, an ascending triangle has been formed. If the red box can break the resistance range, you can expect to climb up to the specified areas in pullback. Otherwise, a different movement behavior scenario should be considered for him.
ATOMUSDTATOM/USDT broke out of the triangle and retraced from the support level. What are your thoughts? Do you think it will move upward or not?
Just Be Carful about this OneCrypto Currency: ATOMUSDT
SHORT position
Entry : 11.900
Sl : 12.107
Tp1 : 11.482
Tp2 it's on you
R/R ~ 2.02
#S45
atomIf these three lines can be considered a good support, we will go for higher numbers which are heavy resistances
ATOM breaks out
In 2D time-frame, ATOM is breaking out its resistance trendline starting from February 2023. Good buy volumes show that this break-out is interesting.
In my opinion, it is a good moment to buy ATOM because if we consider range's low as SL and range's high as a final TP, we have a very good R:R = 7
Here is the view in weekly time-frame.
Disclaimer:
This analysis is based on my personnal views and is not a financial advice. Risk is under your control.
ATOM/USDT Secondary trend (part). Symmetrical triangle.Logarithm. Time frame1 day. Part of the secondary trend (right shoulder area).
A rather significant symmetrical triangle has formed over several months. The price is almost in the very corner. The denouement should occur in the near future (from the trend position). The price is almost in the very corner of the figure. The areas of the reversal levels are marked in yellow and the percentages of them. I don't recommend to work inside the formation at the moment (final phase of its formation), but to wait for the outcome, i.e. a breakdown, and better yet a pullback after the breakdown and confirmation of the reversal.
Fundamentals and the distribution of coins by price between market participants are initially "different purse."
I would also add, it is fundamentally one of the most promising blockchains and one of the cryptocurrencies in speculative terms with the most unfair competition. Consequently, always limit the potential losses in your work. For you super losses, for someone this price will be the most inadequate profit.
This is what this triangle looks like on a line chart.
The entire secondary trend. Time frame 1 week
ATOM/USDT Secondary trend. Right shoulder area
The main trend. Time frame 1 week.
ATOM: Channel UpTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside potential to $13.00. Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Stop Loss (SL) at $9.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00.
$ATOMUSDT: All timeframes are bullish now...I think Cosmos is about to make a really sharp move here, all timeframes now align showing a bullish trend is active, from daily to quarterly scale...Low risk juncture to add or go long if you're not in this trade yet.
Best of luck!
Cheers,
Ivan Labrie.
ATOM/USDT | 1d 👀1. NASDAQ:ATOM indicating favorable upward potential.
2. Chart analysis suggests a favorable double bottom pattern, supported by robust fundamentals.
✅ Stay updated on market news and developments that may influence the price of Cosmos. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
- Not financial advice, trade with caution.
#Crypto #Cosmos #Trading #ATOM
Atom ShortPlease DYOR.
Wait for the break of trendline, would be best to enter on bearish retest. Refer the previous trendline break and retest.
ATOMUSDT , Keep an eye! It's better to keep an eye on Cosmos! - ATOM USDT
whether break the resistant line or go down it can bring us a good opportunity to take a good profit!
We are waiting for it!
Atom/usdt Cosmos Long T 1 = 27
T 2 = 39
We notice altcoin moving, but atom has not made a strong move yet. It has a very strong project and its value is not fair. From a technical , I see that it will break through the model and reach the goals
I am back
ATOM (cosmos) Buy ??Hello traders 🖐🏻
Atom currency has formed a BAT harmonic pattern and is currently under a very important trendline.
According to the news and positive events that have come for this currency and according to the increase in the volume of purchases last week, the general trend of this currency is upward and it can easily grow up to the specified resistance areas.
But my suggestion is that you should consider selling this currency from the price of $20. This currency has serious supply areas after the price of $20.
The best price to buy is between 10 and 11 dollars.
Good luck ✌🏼
#Cosmos $ATOM Trading IdeaNASDAQ:ATOM #Cosmos has the potential to retest 15.099-17.240 Supply/Resistance Zone and it’s already crossed 200 EMA. Full send if we see a clear breakout through this seller's trendline.
Cosmos(ATOM): Waiting For A Re-TestRejection from a key resistance area suggests a potential trend reversal. After a promising rally, resistance rejected ATOM's price, providing an opportunity for a potential entry into a bearish move.
If this rejection signifies a true sentiment shift, we may witness a pullback towards the next substantial support levels, mapped around the $9.68 and $8.51 price points. So in short, we are waiting for that lower trend, which was broken, to be re-tested, potentially giving us a good entry for some short-term push.
Atom - New bulls on the way.In 2023, the cryptocurrency market is seeing a potential bull market. Cosmos' ATOM stands out in this environment for several technical and strategic reasons:
Wedge Formation and Bullish Breakout: This technical formation suggests potential growth for ATOM after a prolonged period of accumulation, indicating a bullish trend.
Technical Analysis and Profitability Potential: On-chain data and technical indicators show significant token accumulation, with long-term head-and-shoulders patterns signaling the possibility of substantial returns.
Capacity and Technical Efficiency: With a capacity to process up to 4,000 transactions per second, ATOM Ripple (XRP) with 1,500 TPS, Stellar (XLM) with 1,000 TPS and IOTA with 1,500 TPS, highlighting its efficiency and speed.
Updates and Future Development: Important news about ATOM is expected on September 18, 2024. The Cosmos roadmap for that year could offer key information on the future development and strategies of the ecosystem, which is crucial for investors and participants of the market.
ATOM: Channel UpTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside potential to $13.00. Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Stop Loss (SL) at $9.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00.
