ATOM / BTC Uptrend 4 month. Channel. The analogy with LTC / USDCurrently ATOM / BTC has been moving in an uptrend for 4 months. The growth of the coin was + 250%. Movement in an uptrend occurs in an upward channel in increments of about 50%.
Trading in the channel from the trend line of channel support to resistance. Target on the chart.
Stop-Loss is under the trend support line, but when setting Stop-Loss, consider the potential volatility of this tool.
Sooner or later there should be a breakdown of the channel and the uptrend of this coin. The trend will then change. Therefore, carefully monitor the line of the uptrend. Great potential will work short when the trend changes. But for now, an uptrend. Always trade with the trend. The coin is very technical, I have an analogy with a pair of LTC / USD. Take a look. Below will be the previous trading ideas for the LTC / USD pair with a similar formation and work.
LTC / USD trend trading. June.
LTC uptrend is broken. Trading in a downward channel. August.
LTC / USD. Work in the channel. Pivot points. November.
TUTORIAL Well, this is a teaching idea on the example of the same LTC / USD how to work in a trend. Long
Pyramiding How to earn 52000 with a risk of 5% from 10000 1part
TUTORIAL
Pyramiding money management. 2 part. Short LTC/USD
ATOMBTC
ATOM formed cypher for upto 28% profit rallyHi dear friends, hope you are well and welcome to the new trade setup of Cosmos (ATOM) coin with BTC pair.
Previously we had a nice harmonic trade of ATOM:
Now on a 4-hr time frame, ATOM formed bullish Cypher pattern. At the moment, after the completion of the final leg, the priceline is moved slightly up. Therefore, we need to wait for a little correction to buy it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
#ATOM/USDT 12HOUR UPDATE BY CRYPTOSANDERSWelcome to ATOM/USDT quick analysis
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to our ATOM/USDT 12hr update,
Atom/usdt currently trading inside a flag pattern in the higher time frame.
There are high chances to bounce from the lower trend line or green zone which are working as strong support.
If it bounces then we will be able to see an almost 40%-50% rally.
This chart will be invalidated if it breaks the lower trend line.
Entry:-$23.50,$26.00
Target:-40% TO 50%
Stoploss:-$21.08
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of ATOM in the next quarter?
Share your views in the comment section.
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
ATOMUSD bearish outlook, looking at $26ATOMUSD 1D tf, previous big red daily candle closed in a "bearish engulfing" fashion, as the price action failed to break through the twist, with a red Kumo cloud ahead: bearish outlook. Price action could "creep" below the cloud as it falls down to previous fib support around $26, it's not a matter of "if" but rather "when". ATOMBTC price action is also trying to break through a twist at the moment on the daily tf, if it also fails to do so the breakdown could be more brutal - it is within the realm of possibilities as I spotted a false breakout on the 1D, red candle close below the previous high, rejected at the SSA).
$ATOM/BTC 3D (Binance Spot) Symmetrical triangle break & retestCosmos Network has pulled back to 100EMA support, seems ready to bounce and resume bullish here!
Current Price= 0.0004900
Buy Entry= 0.0004904 - 0.0004394
Take Profit= 0.0006795 | 0.0009367 | 0.0014620
Stop Loss= 0.0003574
Risk/Reward= 1:2 | 1:4.39 | 1:9.28
Expected Profit= +46.16% | +101.48% | +214.48%
Possible Loss= -23.12%
Fib. Retracement= 0.5 | 0.883 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months
Website: cosmos.network
Contracts:
#Mainnet
ATOM/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ATOM/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ATOM/USDT inverse head and shoulder pattern confirm and retest confirm and market pump CMP and entry zone
Entry:-CMP AND GREEN ZONE BUY
Target:- 30% to 40%
Stop loss:- 25.70
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ATOM/USDT 30% up from our entry#ATOM/USDT
$ATOM hit entry :- $22 ✅
Now Trading at $30
So 30% up from our entry.
One more signal Rock….
Now..?
You cam book some profit here guys.
I am still expecting $40-$44
But don’t forget to book profit time to time.
Because market is very volatile.
Support:- $22
Resistance:- $44
ATOM/USD - Major BREAKOUT! ATOM above $30 soon! 🚀ATOM broke the downtrend and today it continued to move higher, similar in some way to Luna's price action.
This means ATOM is ready for a higher valuation and buying a retrace/retest of previous levels is likely to give good returns.
The first key resistance is found at $30 and is likely for ATOM to break that if this momentum continues.
The resistance levels after that are found at $33 and $36.
Let's see how high this can go, indicators are all bullish. So a perfect set-up for a long. ;)
Bias is bullish.
Like and follow if you liked my idea!
ATOM short breakoutTotal market:
- still bearish. not the best entry spot as index as found support, but price continues to bleed down.
Daily:
- breaking under s/r level, bears in control of momentum, daily rejection wick higher
4H:
- next 4h candle close expected to be a BB break through support floor
1h: (entry)
- strong bearish candle close w/ bb break thru support - that was my entry signal
Trade management:
- expecting to hold this thru to take profit unless there is a solid spot to take some profits on the way down. Will be basing it on discretion
Stop loss: 26.75
- above both support/resistance areas that have just been broken by bearish breakout candle, and above VPVR high volitility area
Take profit: 20.99
- at daily support level giving me a 2.5R
ATOM/USDT first $100 or $10 ..?#ATOM/USDT
$ATOM currently trading at Strong support level $26 level.
Recently went upto $44 which is All time high of #ATOM
Now Trading at support level so I am expecting bounce back from $22-$26 level.
Which is also Good accumulation zone.
Stop Loss will be $20 for safe side.
If hold this support then Above Targets are $44 and $100
But if Break down this support then we can see $ATOM price under $10
Support:- $25/20/$10
Resistance:- $44/$100