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ATOMBTC

Cosmos (ATOM) - May 7Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ATOMUSD 1W chart) (1D chart) Between May 8-14, we should watch for any movement that deviates from the 19.1738756-30.8767670 segment. In particular, it remains to be seen if it can gain support at 25.0253213 and climb along the uptrend line. If it falls in the 17.2233938-19.1738756 section, a Stop Loss is required to preserve profit and loss. However, if it does not fall below the downtrend line, it is expected to rise, so careful trading is necessary. -------------------------------------- (ATOMBTC 1W chart) (1D chart) 4184 Satoshi-5093 We have to watch for any movement that deviates from the Satoshi section. In particular, it remains to be seen if it can rise above the 4686 Satoshi point, which is an important point. If it falls, we need to make sure we get support in the 3882 Satoshi-4184 Satoshi section. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:ATOMUSD
by readCrypto
2
Cosmos (ATOM) - April 28Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (ATOMUSD 1D chart) We have to see if we can get support at 22.4898596 and rise above 25.0253213. If it falls at 17.2333938, a Stop Loss is needed to preserve profit and loss. The next volatility period is around May 8. ----------------------------------- (ATOMBTC 1W chart) (1D chart) At the 4184 Satoshi point, it remains to be seen if it can rise along the uptrend line. -------------------------------------- It is advisable to trade at your average unit price. This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden. The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Market price at the time of opening (Example) Gap (G1-G2)
BINANCE:ATOMUSD
by readCrypto
2
STRONG BUY ... ATOM WILL REACH $60 🚀we posted for atom before and now as we can see it is totally respecting that support area... buy now and hold after that wave of course it will be more than +45$ ✅ Buy: 18 - 21 ✅ 🎯TARGETS: 1- $26.53 (33.40%) 2- $33.75 (69.50%) 3- $45. 40 (172.8%) 💵 Trade Size: 5-7% of Portfolio 🚫Invalidation(SL): daily candle close below $14.75 Please click LIKE button and Appreciate my hard work. Must follow me for latest crypto real time updates. Thank you.
Long
by BTC-fire
Cosmos (ATOM) - April 19Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. ---------------------------------- (ATOMUSD 1W chart) (1D chart) It remains to be seen if it can rise above the 22.4898596 point by following the uptrend line. If it declines at 17.2233938, a Stop Loss is needed to preserve profit and loss. ------------------------------------ (ATOMBTC 1D chart) We have to see if we can get support from the 3882 Satoshi-4184 Satoshi section and get off the downtrend line. 3276 If you fall at Satoshi, you need Stop Loss to preserve profit and loss. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
BINANCE:ATOMUSD
by readCrypto
Bullish on ATOM / BTC +12%Cosmos token ATOM saw a lot of volatility over the past month and recently posted strong gains in USD terms. Yet in BTC terms the price is well below the February high. And ATOM / BTC is now nearly 50% below the August high. The recent positive news flow could spur even more price action so we’ve posted the following question to Hybrid Intelligence: “The cryptocurrency Cosmos (ATOM/BTC) settled at 0.0004198 BTC at 09:47 AM UTC at the binance exchange on Friday, April 16. In your opinion, will ATOM/BTC trade above 0.0004740 BTC (+12.90%) at any time before April 26?” ------------------------------------- Assurance: 83% That’s a bullish indicator. At least in the mid term ATOM looks like a nice pick for a long position.
Long
by Cindicator
Cosmos : Time to get up & ATOMWhat is Cosmos (ATOM): Website: cosmos.network Whitepaper: cosmos.network Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way. This means that this projects aim is to create a a network where different Cryptocurrencies can communicate with eachother and transact and operate seamlessly together, I'm sure that if you truly believe Cryptocurrencies will be increasing in popularity and usage over the next coming years then its a no brainer a project or application like ATOM/COSMOS is neeeded to help make the thousands of emerging Cryptocurrencies work even more seamlessly together. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Inverse Head & Shoulders Pattern: The Inverse Head & Shoulders Patterns is one of the most well known chart patterns and has a higher success rate then most (success rate, is that rate at which the pattern hits its target; the "measured move"). The pattern can be seen as a potential sign that a momentum reversal is coming into play with the last part of the pattern: the right "Shoulder" showing the market structure printing a Higher Low (HL), in up trending markets the price continually shows higher lows so this pattern is a potential way of spotting a initial HL before a uptrend begins. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Here are the main characteristics in which to identify a Inverse Head & Shoulders Pattern: • VOLUME MIMICS PATTERN • 3 VALLEYS, LEFT & RIGHT SIMILAR HEIGHT WITH MIDDLE DEEPEST • TRIANGULAR IN APPEARANCE • FOUND AFTER STRONG DOWNTREND • HIGH SUCCESS RATE • CAN BE SLANTED • HIGH VOLUME ON BREAKOUT INCREASE SUCCESS CHANCES Price forms 3 distinct valleys after a strong downtrend, the left and right valley should have a similar height (shoulders), the middle valley (head) has to be the deepest or this can not be a IHS pattern . They should seem triangular in appearance but as long as it fits the main characteristics can still be a valid pattern as sometimes they look "messy" on the smaller timeframes but valid on higher timeframes. Volume should also paint the same pattern with the 3 valleys, strong volume on breakout increases success rate. As with any pattern you want to try buy on top of long term support areas not beneath to increase success chances. ( If you want to understand what potential support areas can be, visit the below linked idea on Order zones.) The right shoulder should form a higher low (HL) which is a early sign of trend change, this is entry A, with entry B (riskier) being the bullish retest of of the “neckline”. The idea is to gain an early entry on the pattern at point A to maximize profits and reduce risk. Once price moves below the middle "valley" it is likely that the pattern is not valid anymore so this allows us to get a tight stop loss upon entry at "A". If you were to buy at B instead of A, you have a larger distance to the INVALIDATION point of the pattern which is not ideal. We measure the height of the pattern and add it to the breakout level for a maximum possible price target. In Bull Markets these patterns hit targets as high as 60-70% of the time. In this example on ATOM BTC the pattern as not fully formed yet so is still not validated, plus we are also under a important resistance area so we would need to clear that first. If that happens we have the chance to increase in value which is considered the "breakout". -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Support & Resistance Zones If you want to understand the importance of the Blue/Green Zones market on my chart click the below image: As you can see on the chart inbetween 0.0003275-0.0003700 you can see a Demand Cluster which is explained in the above image, if the price were to get back above area it can be a great sign for ATOM. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Learning to trade patterns such as these can provide great opportunities if you understand price action and how to identify the key areas of the pattern that other traders and investors may be focusing on too, these areas become important psychological levels on the chart. If you found the idea insightful you can show you support by liking & commenting thank you!
Long
by Worth_The_Ri5k
1