ATOM has massive Bullish Movement chance.ATOM is forming a Triangle on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 5.5 Stay tuned for more updates, thanks.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ATOM
Cosmos (ATOM)📊 Comprehensive Analysis of ATOM
🔍 Overview: ATOM, after experiencing a significant decline, entered a downward channel with a slight slope toward its weekly support level. With notable trading volume entering, it managed to rise strongly above the weekly support zone and the bottom of the descending channel. Currently, it is moving toward the top of the descending channel, where a critical weekly resistance (red zone) lies, with the possibility of a correction at this level.
🕰 Technical Analysis:
🔸 Current Status:
The price is approaching the top of the descending channel and the weekly resistance (red zone).
For buyers who entered at the channel's bottom, partial profit-taking in the red zone is a reasonable strategy.
🔸 Key Levels for Entry and Price Targets:
Entry: Confirmation of price stabilization above the weekly resistance (red zone) is essential for re-entry.
Targets: Breaking this resistance could push the price toward the yellow and green zones.
🔸 RSI Status:
If the weekly RSI enters the Overbought zone, the likelihood of breaking the weekly resistance increases.
This breakout may lead to a sharp price movement upwards, with the potential to reach Over-Extended levels.
🎯 Price Levels:
Short-Term Target: Weekly resistance (red zone).
Mid-Term Target: Yellow zone after breaking the resistance.
Long-Term Target: Green zone and Over-Extended levels.
💡 Summary:
Bullish Scenario: Breaking and stabilizing above the weekly resistance could lead to sharp upward movement toward higher targets.
Bearish Scenario: If the resistance is not broken, a price correction toward lower supports (such as the middle line of the channel) is possible.
📌 Recommendation:
Prioritize risk and capital management.
Confirmation of resistance breakout with high volume and appropriate RSI conditions is crucial.
ATOMUSDT Long Setup Setting / Quick 15Min LongBINANCE:ATOMUSDT
COINBASE:ATOMUSD
📈Which side you pick?
Bull or Bear
SL1 ---> Low-risk status: 3x-4x Leverage
SL2 ---> Mid-risk status: 5x-8x Leverage
(If there is just one SL on the chart, I suggest, low risk status)
👾Note: The setup is active but expect the uncertain phase as well. also movement lines drawn to predict future price reactions are relative and approximate.
➡️Entry Area:
Yellow zone
⚡️TP:
8.723
8.811
8.913
9.029
🔴SL:
8.358
🧐The Alternate scenario:
If the price stabilizes against the direction of the position, below or above the trigger zone, the setup will be canceled.
$ATOM final pushATOM is one of those assets where funds have shown how to legally siphon off the money they invested. Instead of price manipulation and services of market makers, they started to make projects on COSMOS ecosystem and to distribute Airdrop to themselves. The price looks good considering the fixation in the $30 area. Higher than 30$ we are unlikely to see, it is hard to move such projects.
Best regards, Horban Brothers.
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TradeCityPro | ATOM : Momentum Shifts and Key Resistance Levels👋 Welcome toTradeCity Pro!
In this analysis, I will review the ATOM chart. Cosmos is a DeFi project on the Osmosis network and one of its main platforms.
⏳ Weekly Timeframe: Buying Volume Enters the Market
In the weekly timeframe, following multiple declines and significant bearish momentum, the price reached the support level at 3.789, where buying volume entered the market, resulting in a notable price recovery. The market's momentum in the low wave cycle is bullish, and no signs of weakness are observed in this timeframe.
🔼 After the price returned above the 6.552 level, the next resistance is at 8.799, which, so far, has acted as a barrier to further upward movement in the current weekly candle. If this resistance is broken, the next significant level is 15.492, a robust area that will be challenging for the price to surpass.
✨ If the RSI oscillator enter the overbought zone, it may introduce more bullish momentum and market FOMO, potentially driving a price pump.
⏳ Daily Timeframe: Beginning of a Correction?
On the daily timeframe, after substantial buying volume pushed the price to the resistance at 8.779, the volume has started to decline, and momentum has slightly weakened. However, further upward movement remains possible.
⚡️ The RSI oscillator found support near the 70 level and is re-entering the overbought zone. Simultaneously, the price is retesting the 8.799 resistance, and with renewed bullish momentum, this level might be broken.
🧩 On the other hand, the SMA99 has distanced significantly from the price, and given the price's tendency to revert to the mean, a correction is plausible. If buying volume fails to re-enter the market, the likelihood of a correction increases.
🔽 In case of a correction, the first support level is 6.552. If the 8.799 resistance is broken, the next targets will be 14.37 and 16.767.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Solid Map of Atom over last 4 years.Local Action: The breakout from the descending wedge drove the price into resistance at $8. If the resistance holds, a retracement to the previous lows around $5 is anticipated. On the upside, the price could reach as high as $17, aligning with ascending resistance.
Best, Hard Forky
COSMOS ATOM- A smart trader focuses on buying assets that haven't yet started their upward trend, rather than chasing those that have already pushed hard.
- Atom hasn’t surged yet, making it a strong candidate to consider given its solid project fundamentals.
As always, everything is annotated on the chart : trends, bubbles, resistance, and support levels are all clearly marked.
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Trading part
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- Buy around 5$ ( 30% invest ).
- Rebuy around 4$ ( 70% invest ).
OR
- Buy Breakout after 6.15$
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- TP1 : Before 8.8$
- TP2 : Before 15$
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- Long Term Hodl : 100-110$
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Be wise & stay safe!
Happy Tr4Ding !
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Alts with UPSIDE POTENTIAL | ALTCOINS | RUNE, ATOM, FETIn this time of the cycle, many alts have already rallied... and a few, haven't, patiently awaiting their turn for some liquidity.
In this video, I take a look at my TOP picks - there are many more, but let's start with these.
1) FET
2) RUNE
3) ATOM
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BINANCE:ATOMUSDT BINANCE:RUNEUSDT BINANCE:FETUSDT
ATOM | ALTCOINS | +77% | What does the future hold for COSMOS?I've been following Cosmos for many months, and it's recently seen a very decent increase of +77%. Unfortunately I didn't get all of it, but ATOM has increased moderately since I bought in a few weeks ago.
However - comparing it to DOGE particularly, it pales in comparison. Again, like with LTC, we need to start reclaiming previous resistance zones in order to be sure that this coin has a future. Ultimately - we are in crypto for the increases😉 And many altcoins have fallen behind over the last year. Although they can (and are) still being traded, the increases are nowhere near that of other alts.
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BINANCE:ATOMUSDT
Alt coins ready to run ANKR, BAT, LINK, RNDR, DOT, LTC, LRC, ETCThis market is great for trading trend lines, look at this chart as an example, the two thick dark purple likes. The short one represented resistance for about 5 months, we finally broke that resistance and we broke out, we ran to top of what had been resistance for about 18 months, we had a small hiccup in both places and the break out from that trend line lead to XLM running virally, up to 65% in one day.
Every day there are may assets reaching towards a break out point, and that's what I try to look for. I start on 1 day charts and then come down to a 4h or 1h candle, really no since in going to a shorter candle unless you are looking for precision entry. The main thing to take away from this is that when an asst breaks a resistance it tends to run, many times first coming down and proving that line to be support instead of resistance, then taking off, sin any case, the break of a trend line is generally a fuse lit for a run. The longer the resistance, the more times its resisted and then it breaks out, the break out tends to be stronger.
Here are some alts i have been watching that seem to be staging breakouts or possibly in an early stage of the breakout.
I like ENJ, ANKR, BAT, LINK, RNDR, DOT, 1INCH, mostly these are midcap, but they have started to break out from recent trends.
I kind of like LTC, LRC, ETC, ATOM, BNT, MASK, MPL. Higher risk, but they have staged a breakout and most of these have lower marketcap so easier for them to get pushed further.
Lots of other coins nearing some breakout points as well, they seem to be coming in waves with each day throwing us some 20,50, even 100% gains some times.
I will try to post another update of break outs soon but in between all the trading and working to try to make my ai tech startup do something, my time is short. That also can lead me to evaluate things too quickly sometimes so don't just take what I say as a trigger to pull, use it as a flag to get your interest in evaluating these things yourself.
The market is very bullish right now and there is a lot of opportunity to make nice gains and also to lose a lot buying the dead end of a recent run. Be vigilant.
Atom to shineAtom is a young project yet very strong, just look at it’s ecosystem to find out it’s mind blowing, I think it’s trading went live April 2019 , in my view it can easy goes back to its ATH but I can imagine breaking out of it as well , right now it’s facing a strong resistance that you can see in red and any closer price to blue support is a better price to pick up , what I draw on the chart is the behaviour I expect from it , for what it’s offer the price is way too cheap.
See you at the top mate.
#ATOM/USDT#ATOM
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of
3.90
Entry price 4.69
First target 5.10
Second target 5.49
Third target 5.97
BRIEFING Week #46 : Beware of trend ReversalsHere's your weekly update ! Brought to you each weekend with years of track-record history..
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BRIEFING Week #45 : What a FireworkHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Will Cosmos ATOM Be Reborn From the Dead Zone?Hello, Skyrexians!
Today we have the most hated coin for analysis. Do you remember how everybody told that BINANCE:ATOMUSDT will hit $40 in 2024, but in fact it was one of the worst asset of this year? We have also supposed that price will reach new ATH, but showed you the potential negative scenario which has been played out. Let's try to understand if ATOM still can have significant gains or this is completely dead coin!
On the price chart you can see the weekly time frame. In 2020-2021 asses has printed the global wave 1 which consists on 5 waves. Please, don't be confused that wave 4 slightly overlapped wave's 1 top. Sometimes it can happen, Elliott waves is not a math! Since there price is forming the corrective wave 2 which has the very beautiful shape. Wave A is impulse, wave B is a triangle and wave C is also impulse which could be already finished.
You can see that wave 2 reached 0.61 Fibonacci retracement zone and have some reaction from here. Moreover, Bullish/Bearish Reversal Bars Indicator has printed the green dot almost at the bottom. You can see how it performed in the past. For example, after the red dot in 2021 the huge crash has been started. Another one very important thing is that in March 2024 the mood was super bullish for ATOM, but in September it dramatically changed to bearish. Now almost everybody tells that it's scam and dead coin. You, probably understand that on negative sentiment it's much easier to pump for asset's price.
Wave 2 in our opinion has been finished, now it's time for the wave 3. If we apply our calculations technique the potential target is between $75 and $113. Price broke through the white line. In the upcoming month it's vital to find support above it and don't broke in the opposite direction.
Best regards,
Skyrexio Team
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