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ATOMUSD

ATOM broke out? Let's see.Hello, dear TradingView members. This is an ATOM idea. ATOM was moving inside an ascending channel for a long time and had noises below and above the channel a few times. But this time, as you can see on the chart, it received strong support from the lower band of the channel and pumped out of the upper band. It is now rejected by the first resistance level but still maintains its position outside the channel. We have two possible scenarios in front of us. Scenario One: The price will stay above the channel; after confirmation, it will pump back up to retest resistance levels. Scenario Two: The price will lose strength and fall back inside the channel, which gets rejected by the upper band and continues inside the channel. RSI is in the oversold area, so the price has room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
11
Restarting the cycleATOM has been pumped, and it has been dumped. Capitulation event has passed, allowing market maker to restart the cycle. One cool thing about "second class" cryptos like ATOM is that they don't even pretend that they are not manipulating the market, they just do it and they make it straight up obvious on the chart. The goal is always to remain attractive to traders with an offer such as this setup. Anything it takes to keep up the high volume and remain at the "top of CMC ranking". That is what brings in the retail money and pays for the entire show. What is going on now is that the price is kept in this channel as market maker tries to paint it to look as bullish as possible. Expecting the violent move up to $18 as it brakes out of the channel. Pump will likely start as BTCUSD brakes out and starts moving fast. Stop loss if it closes a candle under the channel.
Long
by Owcheew8
ATOM is still outperforming BitcoinHey Cosmonauts, Atom is still outperforming Bitcoin and the whole crypto market. Currently, no sign of threat for the short term uptrend. Prices and Lagging Span are still above daily cloud and Kijun. There are two main target for prices, but first, they need to break the resistance at $12.93. Then, flat of daily SSB, at $16.63, and weekly Kijun, at $19.44, are the two main targets. The first support is the daily Kijun, at $11.7. Then, the cloud is the next support area. Let's see how it goes !
COINBASE:ATOMUSDLong
by Augustus1st
1
ATOM analysis We would like to start with what is obvious, we see that Atom has stopped following the market and Bitcoin, as most cryptocurrencies do. For all the fall of Bitcoin from $25k to $19.5k (-22%), ATOM showed an increase from $12 to $13 and is now trading in the same range as it was 2 weeks ago when the entire market was growing. It is impossible to deny that ATOM goes strictly along the channel where each minimum is higher than the previous one, which is a very strong bullish sign. We believe that there is now a large accumulation of this coin. For long-term buying, We would wait for the exit from the channel down, the collecting of liquidity there and a sharp return to the top, and in this area you can make long-term buys. Moreover, fundamentally, we are waiting for many interesting announcements: • September 26-28 — a large-scale Cosmoverse conference, where they announce ATOM 2.0, a security update... • September 28-29 - SmartCon LINK conference, where they will talk in more detail about staking and new tokenomics. Conferences are always announcements + insiders that buy token. What else did we forget to add?
Long
by razumcapital
Cosmos Hub (ATOM) - September 3Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ATOMUSDT 1W Chart) - The key is whether you can climb to the 15.083 section. - When the Stoch RSI moves out of the overbought zone, the key is whether it can find support near 9.603. (1D chart) Primary resistance: 15.083 Secondary resistance: 20.955-23.269 Support: 6.809-9.603 It is necessary to check whether it is supported near 12.380. If it does not find support, it is likely to move towards the 9.603 level. - As the Stoch RSI indicator rose before falling to the oversold section, it can be seen that the bearish force is weak. However, if it fails to rise in the overbought zone and falls, it means that the upside power is also weak. This weakening of the overall strength increases the likelihood of a sideways movement, so the area around 12.380 is expected to be an important support and resistance point. - The 15.083 point is the point of support and resistance drawn on the 1M chart, which is important from a long-term perspective. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
ATOM bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market. The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike. That is reflected in the crypto space in general as a bearish outlook. ATOM is a cypto with a negative overall sentiment recently. I have the following price targets: ATOM/USDT Entry Range: $11.40 - 12.10 Price Target 1: $10.45 Price Target 2: $9.65 Price Target 3: $8.80 Stop Loss: $13.40
Short
by BuySellMarketMaker
ATOMUSD major bullish break-out. 1D MA200 left.Cosmos (ATOMUSD) has been trading within a Channel Up pattern since the June 18 2022 Low and on Monday started the new rebound leg to the Higher Highs (top) trend-line, exactly on the 1D MA50 (blue trend-line), confirming it as the new medium-term Support. By doing so, it broke above a major Resistance, the Lower Highs (2) trend-line (dashed line). The next in line is the 1D MA200 (orange trend-line), which is untouched since the April 04 rejection. Notice that among all this, the 1D MA50 crossed above the 1D MA100 (green trend-line) forming a Bullish Cross, while the Ichimoku Cloud turned green and is supporting right below the price action. The last time this set of events happened, was on August 22 2021, exactly when a massive parabolic rally was starting on ATOM. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:ATOMUSDLong
by TradingShot