LOOKING FOR AN ALT COIN RALLYATOMBTC HAS MADE 5 TOUCHED WITH-IN THE DESCENDING WEDGE.
THE BOTTOM IS MOST LIKELY IN AND NOVEMBER SHOULD BE GOOD FOR ALTS
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ATOMBTC
COSMOS (ATOMBTC) Buy SignalPattern: Channel Up on 1D.
Signal: Buy as the price is approaching the 0.786 Fibonacci retracement level, which on the previous bearish leg was a rebound level. Last buy entry on the Higher Lows trend-line.
Target: 0.000700 (just below the Resistance).
Most recent Cosmos signal:
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Atom/usdt clear inverse H&SAtom/usdt
Inverse H&S is clear
Bullish on bollinger bands in daily and 4h
If price can hold above 5.3$ for next few 4h candels the chance of nice up move is high
However close below 5.22$ then this it could mean that the price want to visit a lower area
All we need btc don't dump any more and you will see atom fly
Next resistances shown in the chart
Note : this idea is risky because btc unstable RightNow
Trade at your own risk
ATOM entry positionPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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ATOM getting some bullish momentum
- Has set three higher highs
- After which price has retested the previous high every time
- Price followed the trendline
- Tested 50MA, retraced and broke through
- Now: retest 50 MA and previous high
If we break our current high of 5300 sats, we have no more resistance and could see ATOM surge towards the 6300 - 6500 sats zone.
Aggressive entry: now
Conservative entry: wait for break 5300 and buy on retest
TP1: 6300 - 6500 sats
TP2: 7500 sats
Aggressive SL: 4849 sats
Conservative SL: 5100 sats
How do you feel about this?
ATOM COSMOS COSMOS has seen high volatility over the past several weeks. After going from almost nothing to 8 dollars in a matter of months. LINK saw a much better performance with ATOM working on China's crypto infrastructure(with LINK) this currency has a lot of potential upside. It is hard to imagine a world right now where everything is based on digital networks. However when some of you older folks think back to the dawn of the computer. Did you ever think your mail would be transformed into what is today emails in a matter of seconds. ATOM's project is hard imagine however, I image there was time when people did not have internet and did not posses the the power to interlope chains. Since Bitcoin first came out I have been using it. With this defi craze going on it is hard to pick winners and losers. IMO in this is going to be a winner. Also DOT keep your eyes on.
Cosmos (ATOM) Moving To 101% of Potential ProfitsATOMBTC (Cosmos) is now trading above all EMAs after a very strong decline.
With MA200 tested as support and prices now safely trading above all EMAs, we can easily see additional growth.
On this chart, I've mapped the next two main targets, with the second one being 101%+.
Remember that you need to build a plan/strategy before you trade.
Namaste.
ATOM/BTC (Bullish Pattern?)💎Technical Analysis Summary💎
BINANCE: ATOMBTC
-Cosmos is trying to form an inverted H&S pattern
-The key point to trade this setup is to wait for the neckline break
-Buying above the key resistance will confirm the reversal pattern
-This will also ensure that the buyers have started entering the market
-The upside potential is up to 6200s sat or higher
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ATOMBTC Two levels to buyPattern: Channel Up on 1D.
Signal: Buy either if the price breaks the -0.3 Fib or approaches the 1.5.
Target: 0.0008.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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ATOM entry positionPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Blue zone = heavy support
- Above 21 EMA
- MACD histogram is green = bullish in the past
- MACD curling up
Only real resistance is at 5300, after that we have no more levels until we reach 7300.
ATOM/BTC Ready for +50%?Hello all, welcome back to another trade analysis!
Today we are looking at ATOM/BTC on the daily timeframe on Binance. As we can see on the chart, after a nice rally, this coin has been retracing for the past month.
An ABC correction wave can be seen on the chart and prices fell below the 200 EMA at one point but this coin has printed a higher low. The coin is now trading above the 50, 100, and 200 EMAs again, which is a bullish signal. Additionally, the MACD shows a bullish cross just a few days ago, and the RSI is rising steadily. There was also good volume coming in on this coin, and after a small selloff, prices seem to have caught support above the 100 EMA (blue).
This coin can grow a lot, rapidly, and I am bullish on it. My current entry is around 4600 satoshis. The 4600 - 5400 satoshi range could be a potential entry for a long position. A key resistance is at the 0.382 Fib retracement level, around 5200 satoshis.
Keep your eyes on this pair, as a breakout past this 5200 satoshi level could lead to a massive rally (prices can go up just as fast as they fell down a few weeks ago).
Leave your own thoughts comments down below. Leave a like if you enjoyed the post, and follow me for more ideas if you liked this one. Thanks for reading, happy trading!
Price at writing: 5009 satoshis.
Cosmos (ATOM) Hidden Bullish DivergenceAre you aware of the "hidden bullish divergence" signal?
Here is how it works.
We have the ATOMBTC pair producing higher lows.
The indicator, in this case the MACD, is producing lower lows... We call this hidden bullish divergence and is a signal in favor of the bulls.
Prices are also bouncing at the 0.786 fib. retracement level, which is a strong support and also the same level ATOMBTC reversed on the first peak, meaning that prices can easily move up here.
In case prices drop, you can see the red and second green arrow on the chart.
I hope you find this information useful.
Namaste.