Atomtether
ATOM 12h. The range $4.3-4.4 beckons!ATOM's rapid rebound from March 2020 gave the token a new historical high $8.9. Buyers managed to fix this mark on 24 August.
The token active growth began in fact from the beginning of July. For two months, buyers confirmed their faith in the coin by their volumes.
We would like to note the range $5.5-5.75, where the price obviously slowed down both during the growth to $8.9 and during the fall.
At the moment, the token is being corrected. Sellers managed to lower the price below $5.5-5.75. This fact is the first signal that the fall will continue.
Now we are seeing buyers try to change the course of events. During the previous attack by sellers, buyers kept the trend line. However, now their buy-out looks uncertain .
Considering that we expect a total fall in the entire crypto market, the main scenario for us is short.
The first zone where we expect ATOM to fall is $4.30-4.40. There we will need to analyze candles and volumes and look at price behavior.
The above scenario will be canceled if the price fixes above 6.06. Then ATOM will delight its investors by the growth continuation to $7.22.
#ATOM/USDT (June 05)ATOM has just broken out from the resistance line from Feb 12 up to now and it is moving to the next resistance zone 3.3-3.5$. I think it will be not a trouble with it and target should be 4$ in Mid June.
If you have no ATOM, you should wait for it at 2.8-2.9$
It would be very harmful if drop below 2.5$
ATOM/BTC very risky trade for low reward.Hello Traders,
ATOM/BTC dont have a profit/loss factor trading,
For us to enter a position we always have a stop loss value, and for that our target has to be at least twice as much as our stop value, that is, for us we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk.
For atom we can see that the only entry point that make sense is above the 0.00045 sats, and we have a very important resistance at 0.00050 sats, that means our stop will be 10% to have a chance to win 10%, so dont worth the risky that is what we call profit loss factor.
Double Falling Wedge/Ascending TriangleA series of patterns highlighted in the view:
-.1 Ascending Triangle in Green (if the price follows the Green trend line)
-.2 Falling Wedge in Blue (if the price follows the upper Blue trend line)
-.3 Great falling Wedge in Red (if the price follows the Red pattern)
A validation of the Ascending Triangle (Green) would have a bullish predisposition in the short term but the price will be easily exposed to price changes.
If a "Wedge" pattern occurs, the price can be consolidated in the area, to then give rise to a strongly bullish trend.
Let me know what you think.
$ATOM Is A Good Bet! Ranked 16th on Coinmarketcap!I don't know where the hell i've been, but seeing ATOM claiming it's position at 16th on Coinmarketcap is a jaw drop for me. How come something so new like this, acquiring big market capital. You can learn more about the project on their website.
Judging from the chart perspective, I love the mid-term double bottom pattern, which indicate, it will be more upside on the future as if we break the current all time high price. ATOM already has major supply on the circulating so I think it'll be safe if we just hold, but I'm a swing trader so, not gonna do it.
First TP, ATH.
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ATOM On A Moon MissionWelcome back!
When coin get added to exchanges sometimes they go very parabolic.
Atom is one that seems to be setting up for a very nice return!
Taking a look at the 4 hour TF its clear we are consolidating inside a symmetrical triangle.
Symmetrical Triangles are a indescision move where it's 50-50 bull and bear.
Considering current market conditions I have a bullish bias with this playing out.
Prices are correction ABCDE so we want to see a breakout of resistance soon for this to further my bias.
Once we breakout I would expect a short consolidation before going higher but it's also possible we impulse fairly soon before.
Watch for this one to really start taking off!
ATOM looks ready to breakout! ATOM has been basing near this support zone for a few days now and looks like it might attempt another break of resistance
If successful, it could lead to a very quick move as we saw last time of over +40%
Breaking down from here could lead to a retest of the local bottom
Cosmos/Tether(23 May) #ATOM $ATOM #USDT $USDT#WAIT
#BUY
ATOM rebounded quite strongly from Fib 1.618 and according to the formation, ATOM could fully increase back to 4.65$ and 4.9$ in this wave and the future target 5.17$ will be able to achieve also
Stoploss if price is lower than 4.1$ and consider buying back at 3.83$ and 3.68$
Cosmos/Tether (18 May) #ATOM $ATOM #USDT $USDTATOM is showing the ability to increase price very strongly and news is being released continuously. I suggest buying ATOM as close to 4.75$ as possible
Target will be very fast to reach : 5.36$ and 6.175$
Stoploss if price is lower than 4.5$ and ready to buy back at 4.2$
Cosmos/Bitcoin/Tether (14 May) #ATOM $ATOM #BTC $BTC #USDT $USDT#ATOM/BTC #ATOM/USDT (14 May)
ATOM had some reversal signs, but this is a new coin and it's not a good buyzone to keep long-term
If you don't have ATOM, you can buy at 50000sts or 3.8$
Recommend selling area in this wave : 55000sts or 4.5$
Stoploss if price is lower than 48000sts or 3.6$