It's Finally time for ATOM! Bullish Div. WeeklyAtom has formed a weekly bullish divergence. Atom has been very weak during the past bear market and didn't show any strength in the most recent run.
But it's different and we can expect NASDAQ:ATOM to rise against ETH for at least %200.
ATOMETH
#ATOMETH - Long or Short? Down seems More LikelytheCrypster -
We are right at the end of this almost perfect symmetrical triangle with #COSMOS against #ETHEREUM, with plenty of swings from top to bottom and back again.
There's been 2 main areas of consolidation amongst these swings, and the price is currently sat right in the middle of that too! So, we're in the middle of the middle at the moment!
Historically when prices reach the end of a wedge formation like this we can expect a breakout of sorts, and seen as our in-house signal generator CTv2 has predicated a Short based on over a dozen tech signals, that's what we're going for!
Keep your stops reasonably tight on this, and let it go!
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#ATOMETH - Break this Curved Trend Line for 15%-25% Gains#ATOM/#ETH has been giving us massive 50% profit trades for over 2 years now when working with Crypto Tipster v2.
We've got a Sell signal now and if this curved trend line breaks we're going for some slightly smaller (but still mega) profits once again.
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What Do You Think?
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#ATOMETH - 20-30% Gains Through FebruaryAfter breaking above a smaller upper trend line it appears #ATOMETH is still using it's longer lower trend line as good support as it heads back up towards it's recent swing high @ 0.011.
We could see a small consolidation before it really starts making it's way up to hit that trend line once again - either way you could be looking at between 20-30% gains within February.
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ATOMETH '2D' - Breaking Through to Hit Top Trend LineWe've had some excellent signals on ATOMETH over the last couple of years on the 2D timeframe, this could be another one, but maybe one of the last before we reach the end of this long descending trend line.
There's a few layers of strong support on the underside currently which only improves the odds of touching this upper trend line - let's wait and see with this one, what do you think?
ATOMETH 'D' - Rebounding off Symmetrical Triangle Lower EdgeThis could be a really nice 20% long trade on Atom over the next month or two.
We've got a nice Buy signal coming in from Crypto Tipster v2, the price is deflecting off the lower edge of an almost perfect symmetrical triangle and off of 2 areas of recent support AND there's not much in the way of resistance until the top edge of the aforementioned triangle. Wow that's a long sentence ;)
What are your thoughts?
ATOM⚛️ triangle breakout 2Cosmos broke up this triangle📐 and I think there is chance for run to 52.9 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 31.7
STOPLOSS (SL) : local low @ 27.7
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 52.9
REWARD RISK RATIO (RRR) : 5.3
INVALIDATION : when SL level hit
ETH should be stronger than BTC , so ALTs should be good to go:
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ATOM⚛️ triangle breakoutCOSMOS broke up this triangle 📐 and I think there is chance for run to 51.5 and even higher. Setting BUY LIMIT order to catch the pullback. ATOM ⚛️ come on!
ENTRY : BUY LIMIT - local high @ 41.0
STOPLOSS : local low @ 38.8
TARGETS : TARGET1 - resistance @ 47.9 | TARGET2 - height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 51.5
REWARD RISK RATIO (RRR) : TARGET1 - 3.1 | TARGET2 - 4.8
INVALIDATION : when STOPLOSS level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
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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Not Financial Advice 💸
Please Exercise Risk Management 💱
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ATOM/BTC (Testing Key Support Area)BINANCE: ATOMBTC
-Cosmos is now testing previous support and resistance area
-If ATOM can hold this area of support for a few days
-There is a big chance it will bounce up to 6100 sat
-But everything depends on what will Bitcoin's faith this week
-Be careful, trading during this risky environment is very dangerous
-Use proper stop loss level and exercise correct trade size management
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ATOM/BTC (Key Support @ 3200 Area)ATOM/BTC
-The price has dropped over -36% from the High at 4950 sat range
-ATOM may have found support at previous key areas on 3229 sat
-If this level will hold for the next 5 days or so
-It will likely to go up and retest the 3897 region
-The 3800 regions if the new potential area of rejection
-Bearish scenario, break below 3200 will lead to Swing Low retest
ATOM/BTC (Potential Reversal?)ATOM/BTC
-the price reacted on the key support zone at the 2600s
-there is a visible trendline resistance being tested today
-you can enter a Buy position if it can close above the trendline
-my upside potential target is up to 3900s mid resistance
-an ideal stop loss is placed under 2600