ATOMETH '2D' - Breaking Through to Hit Top Trend LineWe've had some excellent signals on ATOMETH over the last couple of years on the 2D timeframe, this could be another one, but maybe one of the last before we reach the end of this long descending trend line.
There's a few layers of strong support on the underside currently which only improves the odds of touching this upper trend line - let's wait and see with this one, what do you think?
ATOM
ATOM. $46.8A descending channel has been broken, lasting more than a year. Also, since June, an ascending triangle began to form with a probable target at a breakdown = $46.8. Curiously, the target when the descending channel is broken coincides with the target when the ascending triangle is broken.
ATOMETH 'D' - Rebounding off Symmetrical Triangle Lower EdgeThis could be a really nice 20% long trade on Atom over the next month or two.
We've got a nice Buy signal coming in from Crypto Tipster v2, the price is deflecting off the lower edge of an almost perfect symmetrical triangle and off of 2 areas of recent support AND there's not much in the way of resistance until the top edge of the aforementioned triangle. Wow that's a long sentence ;)
What are your thoughts?
ATOM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ATOM/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Cosmos (ATOM) was another notable mover in today’s session, with the token climbing for a second straight day.
Following a low of $13.15 on Tuesday, ATOM/USD moved to a peak of $13.84 earlier in the day.
Wednesday’s rally saw the cosmos move above a ceiling at $13.50, nearing its highest point since November 8 in the process.
Whilst this resistance level was broken, the 14-day RSI was approaching one of its own at 66.00.
As of writing, the index is tracking at 61.77, after it bounced from a support point at 58.00
Should this ceiling at 66.00 be hit, it is likely that ATOM could be trading above the $14.00 mark.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Atom analysisWhat Is Cosmos (ATOM)?
In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.
BRIEFING Week #5 : Markets Anticipated, Will Reality Confirm ?Here's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
ATOM: Approaching ResistanceCosmos (ATOM) technical analysis:
Trade setup : Price has bounced off of $8.50 support and broke back above $10 and $12 resistance as well as 200-day moving average. It also made a Higher High, which are all signs of bullish trend reversal. If it breaks above the down trendline, it could revisit $16.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $12.00 (previous resistance), then $10.00. The nearest Resistance Zone is $16.00.
Atom is bearishIf we look at 4 hours and 1-day chart we have two opportunities. It can be bullish if it holds its value above 13.414 which seems impossible right now. The triangle pattern even if it's 4 hr or 1 day we see it bearish. Atom will accumulate its value between 8.46-9.6.
Trading Idea 021: CosmosMarket Conditions:
- trend reversal situation
- consolidation around the resistance
- bullish sentiment in the market
Key Level and Lines:
- $13.45 support
- downtrend line
Trading Ideas:
- go long after consolidation and reversal from the support
- go short if the price bounces from the resistance.
ATOM shows some weakness
ATOM was struggling to break the trendline resistance (black line).
While the breakout is still a question and depending much on the strengh of BTC, some sign of weakness in ATOM structure have already appeared.
Firstly, on 4H TF, ATOM is forming a double top patterns with bearish divergence on MFI indicator. Also, it is breaking the 4H trendline.
On higher TF, 1D and 2D, a bearish divergence can also be seen (see the below screenshot)
If market sentiment are no longer positive, one can consider this crypto for a Short.
WILL BINANCE DELIST EFFECT ATOM?Binance has announced that it will delist ATOM from its spot trading platform on January 27th, 2023. . we look at the short-term frame of what could change.
Holders of ATOM on Binance's spot trading platform have two options: they can either transfer their coins to a different wallet or sell them. The latter option may have an impact on the price action of ATOM. However, it is important to note that there are no guarantees on how the market will react, and it's important to consider all possibilities
The news is just new and not older than 1H.
When the same happened before at the beam, we did see a huge breakdown of over 30%
but still, this does not mean it should happen the same, this idea is only to get watch the trend.
ATOMBTC - Is ATOM Looking Weak Against Bitcoin Right Now?Following on from the surge of Bitcoin recently (and the huge profits that Crypto Tipster took away from it!) we're left in a bearish market for several alt-coins that didn't quite manage to rocket like lots of others have. ATOM could be one of them.
As you can see we've lost around 12% since touching the upper limit of the channel it's been ranging in for a few months, is this decline going to continue to the lower edge of the aforementioned channel? That would be a further 20% - it's quite possible and with a Sell signal from Crypto Tipster within this descending consolidation channel, it looks totally possible!
ATOM Looking Bullish!KUCOIN:ATOMUSDT
ATOM is formed in a build up. Waiting for igniting trigger to open position.
On breakdown can short to possible pullback on LTF and wait for another move higher in direction of trend.
Bitcoin is trying to hold support and will guide direction.
Many earnings this week so be prepared to be more patient.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BRIEFING Week #4 : Still want to Play Crystal Ball ?!Here's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil