ATOM - $5 Long TargetI've been tracking ATOM since Sept 2020 with this loose support/resistance structure. Only exited and didn't short in Nov 2021 and waiting a long time to find a reasonable place to buy. I'm expecting it will return to the $5 mark for long entries the coming couple of days in line with my BTC long targets.
- Atom/BTC entry target is estimated at 0.0002100.
- No rush on this drop as it will occur over a few days - Will ladder in on the bounce.
- Long target - Initial $10, expected is $20.
Best, HF
Capitulation targets
ATOMUSD
ATOM/USD - Path to $14! 💪ATOM is found in a strong rally and has been making higher highs every day. Whenever the price dipped, buyers came in rushing, like today.
Should this buy momentum last, then the next key target is found at $14.
As you can see on the chart, the buy volume on the last 3-day candle was significant and higher than any since such candle since January 2022. That has to count for something right?
Buyers are in and bulls seem to be on holiday.
All indicators are bullish as well. Unlikely we reverse here. But keep an eye on Bitcoin as that likes to spoil the fun sometimes for alts. :)
Bias is bullish on this chart.
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Cosmos Hub (ATOM) - July 18Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ATOMUSDT 1M Chart)
Whether or not it can move higher than 13.960 is a key factor.
(1W chart)
The key is whether it can support and move higher at 7.620.
(1D chart)
The key is whether you can move up along an uptrend channel.
It is expected that it will lead to further uptrend when it is supported by rising to the 9.6-10.320 section.
A decline below the 7.330-7.620 range is expected to lead to further declines.
If it was a wiggle to reverse the trend, I would expect a large surge to touch near 5.930.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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Potential bullish reversal for ATOM (and crypto in general)Remember markets price the future, and if the overall sentiment is that "we'll get through this", then we could see the beginning of a bullish reversal this summer.
For ATOM , there's a barrier at $10 that is both psychological and technical to be broken to have any form of recovery. We're currently in a $7-$9 range, which has a lot of alpha in it.
ATOM is a great project with lot's of upside and a good altcoin to bet on in case of crypto recovery. If we break $10, there's no strong obstacle until $20. To get back to the $40 might take a while.
If you're a long term believer in the project, you might just ape in now and wait for complete recovery, which may take a year or more.
✅TS ❕ ATOMUSD: in a downtrend✅✅ATOM is moving in a downtrend. The price, after rebounding from a strong level, has already passed halfway down. I expect the movement to continue.✅
🚀 SELL scenario: short to 7.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ATOM/USDT : broke above the S/R zoneBINANCE:ATOMUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$ATOM has broken above the local S/R zone and now it has reached the higher bearish order-block.
With the lower trendline, It's expected for $ATOM to break above the resistance zone and so, It'll be our trigger as a hold above the mentioned resistance zone to locate our Longs...
However, If we get the rejection from the current resistance, Then it'll come with a passive long setup mentioned on the chart!
- The final targets are the same for both scenarios, Same or less.
Hope you enjoyed the content I created, You can support us with your likes and comments!
Attention: this isn't financial advice we are just trying to help people with their vision.
Have a good day!
@Helical_Trades
Cosmos ATOMUSDT - Elliott Wave (ABC Completed) + POC Support!- ATOM on the weekly scale successfully completed ABC correction, so if you are a bull, you can definitely buy for a longterm.
- VPVR - volume profile acted as a support.
- If we take a look at the MACD indicator, we can see a bullish tick (histogram), which is definitely a good sign too.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
✅TS ❕ ATOMUSD: already pushed off✅✅ATOM has already pushed off from the resistance level several times, having failed to break through it. I expect a fall.✅
🚀 SELL scenario: short to 6.90.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
📊 ATOM is back at resistance! What's next?Hello, dear TradingView members.
This idea is an ATOM analysis.
ATOM made a 10% ascending move today, and now it's facing the resistance level.
We have been through this resistance a few times before, so there is a possibility of breaking this resistance level if we get enough 'Buy' volumes and support.
There are two possible scenarios.
Scenario One:
The price will get better support with enough Buy volumes to pump once more and break the resistance level.
Scenario Two:
The price will get rejected by the resistance level and fall on support zones.
The Speedometer indicator shows Neutral volumes on the market for ATOM at a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
ATOM between huge volume profile levelsATOM between huge volume profile levels
Breaking the current resistance at $8.25 could lead to a relief run to next higher volume cluster
A second test of lower support at $5.55 more likely IMO (double bottom pattern)
What do you think dear Crypto Nation?
*not financial advice
do your own research before investing
Cosmos Hub (ATOM) - June 29hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ATOMUSDT 1W Chart)
Whether or not it can rise above 7.62 and find support is the key.
(1D chart)
It is important to be supported at 7.33 and above.
However, a move above 5.93 is expected to lead to further upside.
These movements are partly included in the description of the BTC and IXIC charts, but they are caused by the movement of the Stochastic RSI indicator and the shaking to form a bottom section.
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Currently, most coins (tokens) are moving to form a bottom section.
Therefore, in such a position, it is a buying section.
However, just because it is a section to buy should not be an unconditional purchase.
This is because there is no way to know when the price will rise during the buying period.
You should trade in the direction of increasing your investment while increasing your holdings.
It is important to adhere to the basic trading principle of buying when the price moves sideways after falling and selling when the price rises.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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.)
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