ATOMBTC
ATOM/USDT TA Update looks Bearish but wait for best entry #ATOMUSDT TA Update:-
#ATOM looks good for Entry Level.
Not now but wait for best entry.
Entry 1:- $2.44
Entry 2:- $2.259
Targets:- $22.923/$3.2
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ATOM/BTCI'm unsure how I feel about the ATOM/BTC pair at the moment.
Looks like it has broken the downtrend from the previous cycle, but overall, it's still stuck in a downtrend from initial listing.
Forming a rising wedge, which is technically bearish. Sitting at support on said wedge. If support breaks, 1850-1900 satoshis is possible. If it does get to that price, then it's an absolute buy for me as I'd be targeting a potential double bottom situation. I'm currently holding this, but I regret not selling at 3200 satoshis, which was a very clear double top (in retrospect).
ATOMBTC Hi
If you are holding this pair, I highly suggest you sell it.
Cause, as you can see in the chart, there Is a visible Double Top Pattern.
On the other hand, Price hit the static weekly resistance and has shown a reaction to the base trendline.
So don't Hold it yet.
If I could short this, I would.
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ATOM/BTC 1D (Binance) Descending channel, falling wedge breakoutTA: Cosmos is facing mid-line channel support and just broke out a falling wedge on lower time-frame.
FA: ATOM is a staking coin with high APR (+8% at least) and fundamentals are quite positive (Cosmos Hub 2.0).
Current Price= 0.0002730
Buy Entry= 0.0002694 - 0.0002500
Take Profit= 0.0003198 | 0.0003598 | 0.0004245
Stop Loss= 0.0001996
Risk/Reward= 1:1 | 1:67 | 1:2.74
Expected Profit= 23.14% | 38.54% | 63.46%
Possible Loss= -23.14%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1080h
Cosmos Bullish Divergence, Next 90% Target MappedCosmos (ATOMBTC) is bouncing off a new low while showing strong bullish divergence with the MACD.
We can notice prices closing lower while the MACD is closing higher, this is normally followed by prices increasing in value.
Now we can see ATOMBTC moving above 0.0003024 or EMA50, which is strongly bullish.
If prices can stay above this level, we can see additional growth.
The next targets are marked on the chart.
Namaste.
#ATOM/BTC 30% POTENTIAL PROFITHello guys welcome to this setup.
ATOM is at the verge of a breakout,
If it could break that 3k resistance which is a month long resistance level. We haven't seen much move in ATOM yet.
ENTRY: Trade the breakout
All information regarding Targets are given in the chart.
Please observe.
Hit the like button and share your opinion in the comment section.
#PEACE
ATOM/BTC 2 Bar Bullish Reversal Weekly Overview : Cosmos/ Bitcoin - 2 Bar Bullish Reversal
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