ATOM BTC COSMOSCHALLENGE:
Post a better chart.
I am interested by the green lines and I have to see how the price develops on these lines on shorter timeframes.
The green box would be a real and Christmas present.
Red box flipping is for me the first signal for bull momentum to resume. Red line flipping and I'm going really big long on this one.
ATOMBTC
Cosmos (ATOM) - December 17Hello?
Welcome, traders.
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(ATOMUSD 1W Chart)
Above the 8.9843770 point: the uptrend expected to continue
Over the 13.9869501-17.6656889 section: Expected to create a new wave.
If the price holds above the uptrend line (1), then the uptrend is expected to continue.
In the wRSI_SR indicator, we can see that the downtrend has accelerated as the RS line failed to rise above the 20 point and then fell again.
We need to see if the RS line breaks above the SR line and can turn into an uptrend.
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(ATOMBTC 1W chart)
Above 0.0003749 point: expected to continue uptrend
We need to see if we can continue the uptrend along the uptrend line.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
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A-B-C-D-E Correction CompletedBreakout of the descending wedge after C and then a re-test at E. Bounce showing off lower teal line at E and Bollinger Bands are contracting, which usually means volatility is imminent (as you can determine by looking at the chart when bollinger bands contract. RSI is on the rise and support has been retested. Strong probability of bullish movement.
Not financial advice and trade safe!
ATOMUSDT Technical Analysis⏳ Spot
💎 ATOMUSDT has been making HHs and HLs on H4 in the descending channel. After 2 rejections at the resistance level the price can’t go far from which indicates the price can potentially breaks above the resistance.
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry/Pullback now or from 30.70 -27.41
☕️ TP1 33.64
🍺 TP2 38.88
🍻 TP3 43.95
🍾 TP4 49.78
🍷 TP5 55.05
🍸 TP6 60.00
🍹 TP7
🎁 TP8
🚫 SL 27.41- 24.79
Good Luck 🎲
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All indications showing bullish reversal soonGraph showing big descending wedge pattern. Possibility of dipping a bit further into the 0.000437 territory but I would say that would be absolute bottom according to trends. Very low RSI indicating reversal imminent within the next few days.
Not financial advice.
ATOM/USD - Bullish momentum to take ATOM to $35!ATOM has flipped bullish and is rallying. Look at those sexy green candles.
The first test of this rally will be at $35 which may put up a fight before bulls can break it.
The MACD and RSI are curving up on increasing volume... this is bullish. Once MACD moving averages on daily timeframe do a bullish cross, this downtrend should end.
Expect some resistance at $35, but the momentum on the bull side is increasing, likely it won't hold price down for long if this continues.
Bias is bullish on this pair right now. But be careful as price will have a pullback at some point, you can't keep going up non-stop. Perhaps a good entry opportunity when that happens.
Like and follow if you liked my idea!
Cosmos (ATOM) - November 21Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ATOMUSD 1W Chart) - Medium to Long-Term Perspective
Above the 7.7772608-8.9843770 section: The upward trend is expected to continue
(1D chart)
Resistance section: 30.8767670-32.8272488
First support section: near the 25.0253213 point
Second support section: 17.2233938-19.1738756
We need to see if we can continue the uptrend by moving above the resistance zone.
It needs to move above the 39.8256148 point to accelerate the uptrend.
However, it must break through the resistance section formed in the section 40.6291765-42.5796583 upwards.
If it goes down, it could drop below the 25.0253213 point, so you need to trade with caution.
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(ATOMBTC 1W chart)
3152 Satoshi-3749 Satoshi or higher: Expected to continue upward trend
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
---------------------------------
$ATOM Cosmos oversold! $ATOM Cosmos
Cosmos is an ecosystem of blockchains that can scale and interoperate with each other.
Depends on BTC if the correction is over.
Healthy correction and finds support, good moment for a buy IMO. I dont think personally that the price will go down to the red box.
Good luck! Take profits on the road or sit on your hands.
Feedback welcome!
DYOR and please let me know what you think.
💡ATOMUSDT ANALYSIS 💡Hello Friends
When we look at the chart for 4 hours, there is a shark bull formation formation.
It is very risky to enter the trade before the voluminous momentum comes. Risk money management is very important in such transactions.
There are technical levels on the chart.
TP1:28.92
TP2:30.78
TP3 :34.17 Trading
entry level :28.92 (at 4 Hour candle closing)
Stop loss: 27.32 (Based on my own money management)
IT IS NOT INVESTMENT ADVICE. IF YOU
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TO LIKE AND FOLLOW 👍👍👍👍 IF THERE IS SOMETHING WRONG WITH THE FORMATION, YOU CAN ALSO BE AWARE.
📗📗EDUCATIONAL PURPOSES📗📗
Shark Bull Formation ( Bullish Shark Pattern)
EU foot, OX foot on the 113% - from 161.8%
prolong BC feet, OXI foot of extending to beyond the far 113'ü% OX foot
BCR foot of the AX 161.8% - is an extension 224'lük%
OTHERS unlike harmonic patterns, operations are entered as follows: Targets can be 61.8% of BC with
incoming stops at 88.6% of the input OX foot and at point C
ATOM COSMOS LONG BABY If anyone is holding ATOM and frustrated at the sideways action the past few weeks and thinking about rotating to tickers that are pumping, trust the process and keep holding. We've broken out of a downtrend. First target ATH, and then $66. The next few months are going to be very interesting. GL!