ATOM/USDTThis pattern is important because it helps to indicate the continuation of a bullish or bearish market. When the direction of the price channel is in the upward direction it is considered the Bullish Price Channel and when the face of the price channel is in the downward direction it is called Bearish Price Channel.
Traders could buy a stock when its price breaks above the upper channel line of a falling channel. It is prudent to use other technical indicators to confirm the breakout. For example, traders could require that a significant increase in volume accompanies the breakout and that there is no overhead resistance on higher timeframe charts.
Atomlong
ATOM | SOARS All The Way up to +$12?As some of you might already seen, ATOM has gained +10% as of me writing this. I believe it is still very good time to hop on board. on.
In the picture we see an inverse head and shoulders pattern and confirmed breakout through the resistance, continuing the journey.
Now the purple area will act as a strong support if the price comes back to retest. I would like to see ATOM rise to the $12 mark and beyond reaching $50+ in the coming months.
I am a new trader and THIS IS NOT financial advise , everyone make sure to think through before you
enter any trade. I did with this one and fun will be fun to watch how this unfolds.
Comments and constructive criticism are warmly welcome!
GOOD LUCK TRADERS AND ENJOY SUMMER!
Cosmos (ATOM) formed bullish Butterfly for upto 634% big pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin.
On a weekly time frame chart, the price action of ATOM has formed a big bullish Butterfly pattern.
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 BUYING SETUP (SWING)Buying #ATOM/USDT (SWING)
$ATOM in daily demand zone , we can see before after hit this zone and will pullback . at crash a years ago ATOM sustain in here and make new all time high . potential pullback minimum just retest the supply, and support RSI showing some bullish divergence
we can close if daily closing below daily demand zone
Buy zone : 8.88 - 8 - 7.3
Target : 9.71 - 10.96 - 13.8 - 15.25 - 16.97
Stop : 6.9
ATOMUSDT - Triangle BreakoutATOMUSDT (1h Chart) Technical analysis
ATOMUSDT (1h Chart) Currently trading at $5.5
Buy level: Above $9.5
Stop loss: Below $9
Target 1: $9.9
Target 2: $10.4
Target 3: $11
Max Leverage 3x
Always keep Stop loss
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ATOM Bullflag Still in PlayOn the left we can see a more zoomed in version of the ATOM chart (weekly timeframe) and it shows how price continually forms support areas around the top and middle of the channel
This strengthens the possibility of a successful bullflag
On the right the bullflag is seen more evidently (in the triangle), this triangle is out of the clearest Fib circle which makes me assume a new run is coming.
Cosmos Bullish Divergence1D tf ATOM Looks like we would a short term bullish trend in the next few days. Possible TP1 at 29.68 (0.382 Fib Line) TP2 at 32.61 (0.5 Fib Line).
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Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable.
READ THIS NOTE!!
Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
ATOM M PATTERN FORMINGIn a monthly chart we already finished 1-5 Elliot wave, on a weekly ABC correction. going trough lower time frames we saw market starting to form M Pattern in 1h time frame. right now market started consolidating in a 50% fib and institutional zone and since we saw ABC correction we should see bounce to the top of M pattern and after that retrace back to the bottom.
Entry: We can enter now 30.63 or wait for a retracement to a buy zone at 30.
Invalidation: 29.5 (Just below buy zone)
Target 1: 33 (Top of M pattern, and a sell zone indicated by institutional candle)
#ATOM/USDT looks prime for 82% Rally!Welcome to this quick ATOM/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members please hit the like button and follow me because this motivates me
Welcome you all to ATOM/USDT UPDATE BY CRYPTOSANDERS.
LET'S BACK TO THE CHART:
As we can see in the above-mentioned chart the atom is trading inside a triangle pattern and we are expecting a brake out and retest just line a previous time shown at the chat.
Sow is expecting that atom will break the triangle pattern and can pump almost 82% from here.
entry:-0.0006400,0.0006625
target:-80%
stop-loss:-0.0006200
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ATOM Giant Monthly Bullflag / Pennant ?This Bullflag is amazing! It is on a Monthly timeframe which makes the entry a long one, huge potential on chart structure based entry
Supported by a 50MA touch and bullish rejection on the Weekly timeframe for ATOM also
It will be interesting to see how this Monthly one pans out
#ATOM/USDT 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick ATOM/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to ATOM/USDT 1D chart update by CRYPTOSANDERS
As we can see from the above-mentioned chart that ATOM/USDT IS trading inside the symmetrical triangle pattern and we are expecting a breakout and retest which will be the confirmation for long trade entry.
entry:-$28.37,$30.80
target:-100%
stop-loss:-$$26.20
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.