ATOMUSD
✅ATOMUSDT, is surging as we presumed! and...
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Congrats! if you have been following this trading strategy.
We are approaching to 1st TP while ATOM is surging.
As usual, you could hold it till 1st/2nd TP
or take some profit anytime you want.
Just remember to take a part of your unrealized profit, don't miss them you already have!
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or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
ATOMUSDT Descending wedge in another wedge!/Trading strategyBYBIT:ATOMUSDT
1H trend chart
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Price has been consolidating in two descending wedges.
Now, it broke out the first upper downtrend line, and still have another(orange line) needed to be taken out.
And there is a potential double bottom pattern forming.
If price can stand firm at 34.8, trading strategy as below.
*Notice the long-term downtrend line will show resistance
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Profit Targets:
a) 36.13~36.67----Fib(1.272~1.382)
b) 37.83----Fib(1.618)
c) 39.7-----Fib(2)
Stop losses:
a) 31.64----Red horizontal line
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If you like this analysis, give it a like and leave a comment below to share your perspective
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
₿ ATOMUSDT (COSMOS) 1D ₿ : 13.Oct.2021Well, as we can see, the price is correcting, if the price can close above $ 36 and then break the dynamic resistance, it can grow to the desired level ... the first target is $ 45, the second target is $ 49.72 and the target is The third is $ 55.46 ... The next targets will be updated after these targets will reached ...
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 13.Oct.2021
⚠️(DYOR)
ATOM/USDT Is gonna be bearish or Bullish?Hi every one
COSMOS / TETHERUS
ATOM is ranging in a symmetrical Triangle. This pattern can Increase or Decrease The Price of ATOM as much as the measured Price movement (AB=CD) depending on the Break out which is going to happen soon! It is a simple concept: Upward break out=Bullish Movement,Downward break out=Bearish Movement. only time can tell what is gonna happen.
Summery:
-ATOM is in a Symmetrical Triangle
-(AB=CD)
-Depending on the break out, the Projected Price movement changes
-No break out yet
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
ATOMUSD D1: PRICE/ RSI DIV WARNING / 65% correction(SL/TP)(NEW)Why get subbed to me on Tradingview?
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ATOMUSD D1: PRICE/ RSI DIV WARNING / 65% correction(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
NOT a setup to SHORT ALGOUSD. Just showing
signs of weakness and recommend to stay out
of this market into the pullback.
🔸 Summary and potential trade setup
::: ATOMUSD daily chart review
::: not a great looking chart
::: hit top / resistance of the bullish channel
::: also noteworthy divergence
::: price/ RSI div very clear on D1/H8 TF
::: expecting correction/pullback mode
::: pullback required to attract
::: new buyers from the lows
::: 40-60% pullback possible next
::: 6-10 weeks in Q3/Q4 2021
::: right now limited upside
::: positions traders should wait for
::: better entry prices later after
::: correction MODE up next
::: be careful don't get caught up in this
::: also overextended right now
::: BULLS remain on sidelines and
::: be ready to BUY LOW later
::: recommended strategy: SHORT SELL RIPS/RALLIED
::: TP BEARS is +50% gains
::: BULLS stay out until correction is over
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: BEARS/CORRECTION
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ATOM still one of the best coins out thereA few weeks ago I shared an idea before ATOM started booming.
''ATOMUSDT had a very nice pullback back to the previous ATHs and has now reclaimed a key support level . Support turned into resistance and back into support. When Cosmos launched it had a nice big correction vs USD & BTC which was needed as the project launched with a huge ROI as it was at least 2 years in the making while many other projects launched much sooner. That meant there was a lot of potential selling pressure, but now that seems to be gone.
Not only that, but ATOMBTC is looking like a huge accumulation and ATOM is one of the few high profile and important projects out there that haven't had a big pump yet. In my opinion that time is coming or is already here.
Initially I'd expect it to find some resistance near its ATHs and then slowly break them and go significantly higher.''
Cosmos has now broken its ATHs, retested its previous key highs several times and now vs BTC is essentially at ATHs. Yes on some shady exchanges, OTC trades before launch as some odd but usual spikes when it launched, it did trade between 0.0009-0.0021. However the key thing is that it has kept pushing higher vs BTC while many other coins have been doing very poorly vs USD and BTC. I've talked about ATOM a lot on twitter too so I haven't put out too many updates here as I have already shared it, but now that it has completed this key breakout and is consolidating at this level I have to talk about it again.
To me the story about ATOM isn't just the price, but the narrative behind it. In a multi blockchain world, a blockchain to connect them all is definitely something special. At least this is currently the narrative and is dominating the space, as more and more layer 1 and layer 2 protocols are pumping. Cosmos is only at 11B Market cap and it has tremendous potential as most of the supply is being staked and a lot of cool features are coming, while it is one of the blockchains that still hasn't had a blow off top or some sort of extreme pump.
ATOM - 12h - How much can you grow?Today we will talk about ATOM, one of the most stable cryptocurrencies in the long term. Will the ATOM price be able to gain a foothold above the previous all-time high? What are the prospects for continued growth from current prices? Why is there a very high chance of a collaps e of the ATOM market now? We will talk about all this in this idea.
We'll start with the weekly ATOM chart.
On it, you can see a clear growth trend that buyers organized from March 20, 2020. Pay attention to the local highs of this growth channel. Of course, the way the ATOM market reversed was different. When the cryptocurrency market was weaker, the reversal was sharp. In the case of insane market growth in early 2021, the market reversal lasted a little longer and was implemented through an ATOM sell-off in consolidation at the highs. However, the common feature of each ATOM reversal is the highest trading volumes at the local highs.
If you pay attention to the current weekly candles, you can see the largest trading volumes in the history of ATOM. At the same time, the price renewed its maximum and stopped.
If you go down to a smaller timeframe , you can see a local pivot point for buyers, from which you can plan to continue the local growth wave:
We have highlighted the $32.57 mark on the chart. Please note that this mark was first broken up by buyers on large volumes. Now all attempts of sellers to regain this mark under their control end in false breakouts.
Therefore, for the local continuation of the growth of the ATOM price without stopping in time, buyers should hold this mark in the event of a potential downward wave. In this case, after a short consolidation, we will expect the ATOM to continue to grow with a target of $59.
If the level of $32.57 is broken downwards, the last chance of buyers to continue growth will be in the range of $27-28 . However, in this case, buyers will show weakness, allowing a deep correction at the highs with large volumes. In this case, we would wait for a local price bounce upwards and close our positions.
The fact that a reversal process may begin on the ATOM market is also evidenced by the chart of the ATOMBTC pair.
Please note that the breakout of the black channel, in which the ATOMBTC price was trading from September 2019, took place on large volumes. However, it’s not easy for buyers to keep pushing the price up. In this case, we expect a minimum correction in the range of 0.000667-0.0007. In this case, it will be possible to talk about the acceleration of the trend. In the meantime, it is worth letting ATOM calm down a little and feel the foundation under your feet.