ATOM/USDT attempts to break resistance?👀 🚀 ATOM Today analysis💎 Paradisers, ready yourselves for an exciting opportunity with #ATOMUSDT. Recently experiencing a rejection at resistance, it is gearing up for another attempt, with a strong likelihood of breaking above and embarking on a bullish journey.
💎 NASDAQ:ATOM has shown a tendency to adhere to a descending trendline, breaking above it to initiate an upward movement. Currently, after a rejection from the resistance level of $10.4150, It is positioning itself for another bullish push. This is further indicated by significant spikes in trading volume, suggesting a potential upward move.
💎 There's a considerable chance for a bullish movement starting from the demand level of $9.0104. Upon successful continuation, #ATOM is set to challenge resistance levels at $10.5337, and could potentially soar as high as $12.9671.
💎 For the savvy Paradisers, timing is crucial for capitalizing on this opportunity. Pinpointing the optimal entry points during this expected rise is key, while carefully avoiding buying at the peak. Moreover, it's essential to be prepared for the possibility of #ATOM dipping below the $9.0104 demand level. Should this occur, a bullish rebound from the support level of $7.9619 might be the next move. However, breaching this support could raise concerns about the sustainability of the bullish trend.
💎 In this dynamic market landscape, strategic thinking and decision-making are paramount. Developing a comprehensive trading strategy that encompasses sound money management and a clear understanding of support and resistance levels is essential for successful trading outcomes.
ATOM
Cosmos Simple Trade- Everything is in graph.
- Atom stayed strong in this bear market.
- Here we stat in cryptos, everything can go fast up and down very fast also.
- Adapt your strategy accordingly.
- Follow TheKing movements.
- Invest what you don't need for living.
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Trade Setup
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- Buy Breakout : 14$+
- Buy Retracement : 10$ish ( 25% of your invest )
- Buy Bottom : 5$ish ( add 75% more invest )
TP : Before 20$
- SL : 4$
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- Stay Safe
- Happy Tr4Ding !
ATOMUSD 83% profit projectionCosmos already broke the channel down pattern. Our bullish target around 15.332 at resistance level with 83% profit projection.
We also have support level at 5.572 (-87% from ATH), if bullish fails, prepare to buy back at this support with 177% profit projection.
If you have any questions about this analysis, do not hesitate to contact me.
Happy trading
ATOM/USDT Bullish Horizon? 👀 🚀 Atom Today analysis💎 Paradisers, prepare for a promising opportunity with ATOMUSDT, as it demonstrates a pivotal shift from resistance to support, indicating a strong likelihood of a bullish trend.
💎 Historically, ATOMUSDT has adhered to a pattern of breaking above its descending channel and embarking on an upward trajectory. Currently, it has surpassed the resistance level at 8.728, and with its robust momentum above the EMA100, the odds are in favor of a bullish move following a retest confirmation.
💎 Alternatively, should ATOMUSDT falter in maintaining its momentum and descend below the support during the retest, a bullish strategy from the demand level at 7.515 might be initiated. A breach below this demand level could trigger a significant downward trend.
BRIEFING Week #46 : Early Confirmation SignalsHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Target in top CH*-Technical Analysis 📈
Entry in low CH & midll renge to High level CH + latest breakeven
*Trade (Buy/Sell) 📊
8.095 - 7.750 - 7.520 $
*-Stop Loss 🔴
7.170 $
*-Take Profit 🎯
8.095 - 8.555 - 9.107 $
*-Risk Management 🚧
3-5%
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencie
BRIEFING Week #45 : Early Signals on Dominance ShiftHere's your weekly update ! Brought to you each weekend with years of track-record history..
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ATOM Double BottomAtom has been off everyones radar for a while, its performance has been what we were used to in the last bull market.
Now the chart is speaking, we have a monthly double bottom and things are looking good though we are at a minor resistance, our next upside targets are shown at the fibs levels where we also have MA confluence.
Atom is a good project.
ATOM/USDT 1D Interval ChartHello everyone, I invite you to review the ATOM chart in pair with USDT, on a one-day time frame. First, we will use the blue lines to mark the downward trend channel in which the price is moving in the lower range, and it is also worth using the yellow line to define the downward trend line from which we can see that the price has gone up.
Going further, we can move on to marking support areas in a situation when the price returns to a strong correction, for this purpose we will spread the Fib Retracement grid and we can immediately see that the price is struggling to break out of the very strong support zone from $8.01 to $5.52.
Looking the other way, we see that first there is resistance at $10.35, and then we will be able to see an upward movement towards the strong resistance zone from $12.99 to $14.81.
Please look at the CHOP index, which indicates that there is still energy for a move, the RSI indicator approached the upper limit, which resulted in another rebound, similarly you can see on the STOCH indicator that when it went up, from the upper limit of the range, the price started to turn back and you can see that I have room for a bigger drop.
ATOM long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ATOM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ATOM/USDT Break the Key Level area. Ready to Upward Momentum ??💎 ATOM has certainly captured the attention of market enthusiasts. Presently, ATOM has managed to break free from the descending channel pattern, bypassing the typical retest at the pattern's resistance trendline. This is due to ATOM's swift move past the supply zone, solidifying its position above it. As a result, ATOM's focus now shifts to a retest at the current demand zone, with a probability prospects of further upward progression towards our anticipated supply targets.
💎 However, should ATOM retreat to the $7.5 demand zone and breach it, the next potential support lies at $7.19. Interestingly, this level coincides with the aforementioned resistance trendline, making it a pivotal point for ATOM's potential rebound and continued ascent.
💎 On the flip side, if ATOM struggles to hold the $7.19 demand zone and breaks below, it could signal a bearish trend. In such a scenario, ATOM might be on a downward trajectory, targeting its primary support levels.
BRIEFING Week #44 : Dominance in SPX & CryptoHere's your weekly update ! Brought to you each weekend with years of track-record history..
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BRIEFING Week #43 : Don't get caught by the VolatilityHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Below 7.57: Enter the bottom sectionHello?
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(ATOMUSDT chart)
(1M charts)
It appears to have entered the bottom section, falling below 7.57.
Accordingly, caution is required when trading.
(1W chart)
If the price cannot be maintained by rising in the 6.943-8.06 range or higher, it is expected to fall to around 4.023-5.443.
(1D chart)
What is important is whether it can quickly rise above 6.646.
If not, it is highly likely that it will lead to a further decline, so we need to seek a countermeasure.
Looking at the Histogram indicator in the TS indicator, it shows that the intensity of the rise is high.
Accordingly, I think there is still potential for an increase if it does not lead to further declines.
Therefore, the key is whether the price can be maintained by rising to the current box range of 6.373-7.370.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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BRIEFING Week #42 : Market Breadth & WyckoffHere's your weekly update ! Brought to you each weekend with years of track-record history..
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