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ATOM

Bull Flag on ATOM Until Proven OtherwiseFor me the best time to buy would have been at the 0.886 Retrace Below but i was not looking aware of ATOM being at the .886 at the time. If one wanted to be patient they could wait for ATOM to come back down to the 0.886 level and try to play some sorta Double Bottom but there's a possibility that a significant continuation up happens before it goes back down there so as a bit of an Aggressive Continuation Trade I'll be risking a bit here to try to realize a 60%-80% Gain based off what looks to be a Bull Flag in a Local Uptrend showing some Hidden Bullish Divergence.
COINBASE:ATOMUSDLong
by RizeSenpai
Too Good To Be True? Staking Rewards and the RecessionAs some analysts have predicted, the public's interest in crypto/Web3 projects have shifted from proof-of-work over to proof-of-stake, following Ethereum's "merge" a few weeks ago. ATOM and ALGO in particular did very well this week (though it did level off eventually) as what seems to be a partial migration of crypto money flowing from one area to the next. The pattern is just starting now so time will tell if it's a trend or a blip, but as we head further into a global recession, the idea of people "abandoning" stocks and other traditional fiat assets becomes more a possibility over time. We can look at some of the predictions being made right now in the industry, and its pros and cons. 1. Crypto Will Go Down With Fiat Given that crypto and the stock market have traditionally moved in parallel for the most part, it will continue to do the same during the downturn. This assumes that the low-interest rates of 2008+ onwards was also fueling the crypto hype and will follow the same pattern of prices plunging as cheap borrowing falls to the wayside. While there's certainly a case there, this assumes that the economy will behave "as normal" during the next downturn - which may bring a different type of risk to the table. 2. Money Will Flow into Bitcoin/Ethereum This is the main mantra of the "maxis" out there - they assume that people will lose faith in fiat as a whole, and convert their stocks/cash into a "reliable deflationary asset" like Bitcoin or (now) Ethereum. Deflationary assets - while some will call "ponzi-like" in its modeling - do objectively favor existing holders over newer ones, and can often cause problems with onboarding and long-term growth since it makes it more difficult for new money to come in. Given the two projects massive media/marketing presence last year, are there any more people out there to onboard? Probably not - but they are holding out for the idea that they will be proven right, one day. 3. Money Will Flow into "Cash-Like" Assets Like Dogecoin Traditional financial wisdom says that during recessions, "cash is king" - and we have seen some indication that money is starting to flow back into cash, especially the USD. (The USD is traditionally seen as the most "stable" and is typically where fiat assets flow into during recessions.) What does this mean for crypto? Well, up until now the narrative has been that out of the well-known coins out there, Dogecoin is the most "cash-like" since it's been actually used to buy and sell things at low costs. While the idea is interesting, DOGE has a few problems associated with it - that it still runs on proof-of-work (which is losing favor over time) and that being a fork of Bitcoin, it's technology is also being rapidly obsolete. (It cannot support NFT minting, for example.) There are plans for DOGE to move over to proof-of-stake eventually, but the timeline is TBD. 4. Money Will Flow into Staking Rewards As with ATOM/ALGO this past week, some lesser-known proof-of-stake coins have made its move - currently coins that offer competitive staking rewards are beating both the banks and the major proof-of-work coins, whom are simply unable to offer those types of rewards. ETH2 is now technically proof-of-stake, but its staking mechanisms aren't "liquid" - i.e. you don't know when you can get your money out. Some coins offer very high rewards (13%+) but is that too good to be true? Time will tell whether or not this model is sustainable or not. 5. Money Will Flow into Coins that Have Utility Arguably crypto's least talked about topic in public - coins that have real-life use-cases and actual products may start to see some gains as utility creates new converts over to particular projects. As the money for hype marketing strategies start to run low, many of the coins that have been running on it will start to drop out, making it easier for coins with real customers and revenue to stand out. Some coins have no value other than "store of value" - some coins have robust DeFi options but basically operates like an accounting firm - but there are a few projects out there that are attempting to expand into the worlds of direct applications. This is probably the most optimistic take on Web3's future as a whole, but the path of getting there isn't likely to be smooth - they don't call it "creative destruction" for nothing, after all. Of the projects out there, Tezos (XTZ) stands out as one of the few projects that have their hands in "everything" - with a diverse portfolio of projects in many sectors and brands across the world. (ETH does too, but their gas-fee problem has slowed technical and partnership development to a halt.) -- The actual outcome will probably some combination of the trends above, and is likely to get very complicated as time goes on, but I do think that it's important to keep an eye out for how key factions and ideas are circulating in the space right now since a lot of things are likely to change very quickly in the near future as we head further into what could potentially be the biggest global recession ever recorded in human history. "Higher numbers = good" has been the main focus of the crypto industry up until now but as time goes on we're likely to see more complex and nuanced takes on how the economy works and how Web3 fits into it as a whole. There might be some growing pains involved but this is how our understanding of economics matures, imo.
BITFINEX:XTZUSDLong
by RyanTanaka
Cosmos Hub (ATOM) - September 29Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ATOMUSDT 1W Chart) Whether the 12.282-15.837 section is supported and able to rise is the key. (1D chart) We need to see if we can move up along the uptrend line passing near 12.282. If not, there is a possibility that it will drop to around 9.603. If the price is maintained above the 15.083-15.837 section, it is expected to continue the upward trend. The 12.282-15.837 section is a trend-determining section, and you can buy if you see support near 12.282. However, as I mentioned in the description of the BTC chart, I think it is time for altcoins to gain support by increasing the BTC price by at least 20.7K. Therefore, before that, it is recommended to trade conservatively when trading altcoins. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
#ATOM/USDT 1DY UPDATE !!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys. Cosmos (ATOM):- On the other side of the spectrum, another notable mover on Wednesday was cosmos (ATOM), which fell by as much as 10%. ATOM/USD slipped to a low of $12.69 earlier in today’s session, breaking out of a key support point of $13.40 in the process. This decline pushed cosmos to its lowest point since September 8, days after the token rallied from the support of $11.55 Looking at the chart, today’s drop comes as the 10-day (red) moving average had a downwards cross versus its 25-day (blue) counterpart. Should this bearish momentum continue, we could see ATOM on a collision course with a floor of $11.55. A positive for bulls come in the form of the 14-day RSI, which seems to have found a floor of 44.95, which could help stop the bleeding momentarily. Sorry for my English it is not my native language. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
ATOM moved 10% down. What's next?Hello, dear TradingView members. This is an ATOM idea. ATOM just fell down from the ascending channel it was moving in. This has happened before, so it can be just a noise caused by the 1000 dollars change in Bitcoin. However, the price is below the channel, and there's only one resistance on the way down, which is very powerful. We have the possibility of going back up. There are two scenarios in the current situation: Scenario One: The price will go back inside the channel and gets support from the lower band of the ascending channel to move back up. Scenario Two: The price will get rejected by the lower band of our channel and move back down on support. RSI is near the overbought area, and the price has more room to go up. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
24
ATOMUSDT H2ATOMUSDT With market sentiment starting to turn bearish, with many market participants worried about the Fed's decisions and also the global geopolitical situation, there was a pullback yesterday again in the price of BTC, affecting the entire crypto market, including ATOM. Meanwhile, technical factors also point to a rally, as ATOM always has a brute buying force. At H2 we are already on the lower edge of the Keltner channel which is a powerful support. Fibonatti imposes a resistance at $13.64 and after breaking it we will reach our target of $14.04. In terms of other ATOM fundamentals, no worries, high-octane currency; ATOM is reworking its white paper bringing many improvements to the entire COSMOS ecosystem.
by ferulianov
Zcash ZEC VS BTC Bitcoin - Altseason Breakout Strategy - PrivacyThe possible use cases are as numerous as with any Defi system. One example might be the ability to purchase an NFT using shielded ZEC, allowing the purchaser privacy by shielding onlookers from prior transactions and ZEC holdings. Another example use case might be the ability to loan ZEC for yield where the originator of the loan remains private. Does this mean ZEC is actively pursuing to become an IBC-compatible Cosmos Zone? On a similar note, KEEP Network is soon launching a NuCypher collaborative solution for tBTC v2. Considering Matt’s @mhluongo past activity in here, is there a tZEC solution that’s actively being researched/built at the moment?
Long
by noam_chom
ATOMUSDT topping pattern -- where to shortATOMUSDT has a small break of structure on the 4h. I expect one final liquidity grab in the monthly r2 region ~$16.00 before it descends. Very reasonable TP1 and TP2 targets shown based off fib projections and supporting volume profile. Could go a lot lower. Idea invalidated with close (new high) above monthly R3 pivot. *Setup Notes* Entry zone: 15.5-16.16 Stop loss: 17.8 TP1: 10.83 TP2: 8.15 Daily view, with key support/resistance point at 17.8 (and why I am watching that level carefully):
Short
by upslidedown
4