#ATOM to $71.11 | #COSMOS #ATOMUSDHello Padawans,
I see a risk here as well, is it a bearish divergent or a bullish divergent?
But ATOM has a huge capitalisation, low total supply, and huge bullish fundamentals.
In my point of view, ATOM has to deserve something more than this.
Let's see what will happen,
Cheers,
May the force be with you.
ATOMUSD
ATOM COSMOS if you are lucky enough hi, around 1 week ago i gave the idea of atomusdt. I explain it that you should take the positions after breakout and retest and it was around 23-24 and then it touches to ATH 30
Now as i am expecting a BTC to retrace back to 41-42 considered to be the final correction then there is the possibility that you can get the chance to get in around 23-24 area currently there is no point to take entry in that i will wait for it to get into my zone otherwise I will look for other options
I am always be a believer of riskfree trades
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Comment below if your want fancy charts with a lot of drawings that are pleasant to eye may be they don't worth it just look cool . i usually remove all my drawings to keep it simple so that you can clearly understand the idea
Cosmos - The sleeping ATOM bombATOMUSDT 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.
(Update) ATOM's Correction is happening!Hi every one
COSMOS / TETHERUS
This is an Update on ATOM! as you can see the Crab pattern worked perfectly and Made a Strong Bullish Movement. now Is Time For corrections! the Corrections Can Be up to the 0.5 line of the Fibonacci Retracement! Note That the Bullish Trend can continue after The Correction Ends!
Previous Analysis:
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(Update) ATOM has no difficulty to reach 22$Hi every one
COSMOS / TETHERUS
ATOM/USDT has Broken the Symmetrical triangle . Now the road to 22$ if Achieved Pretty easily.
previous analysis:
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Atom gonna hit hard to the resistance levelAtom currently trading at 22.20. Grab this beast for atleast 5% Profit till to its previoous high ( resitance zone) marked in the chart. also the atr based indicator gonna flash buy signal and most importantly the price is above the 200 ema and rsi is avobe the 50 level. Grab it with low risk.
Stoploss : not required!
ATOM 1D Correction is over, is it time to grow?The last time we published an idea for ATOMUSDT was 6 months ago.
In this idea, we wrote about the target of $31.50 and then at least 50% fall to $15
In fact, we received $32.32 and then dropped by 76% to $7.83
Nevertheless, ATOMUSD keeps the price in the growth channel , which we drew in the previous idea. The ATOM price has been moving and growing by the channel since March 2020.
Now looks like that the price of ATOMUSDT wants to grow, confirmation of the strength of buyers will be rising and consolidate above $15.5. In this case, the growth can achieve to the $19.60-23.70 zone , and you can safely focus on the higher goal.
The chart will signal the weakness of buyers, and, accordingly, the continuation of the downward fall if the ATOMUSD price fixes below $10 . In this case, you will need to think about what to place buy orders from the levels of $6 and $4.40.
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Atom Running - Inverse H&S SetupAtom started running also, about to have some serious gains. Buy either the breakout/retest of the overhead resistance or buy the successful re-test of the golden pocket support below us. Take profits at the resistance levels above and leave some in to ride it out in case it goes higher and sets a new ATH
Cosmos Attempts Breakout Of Ascending Channel-ATOM is up nearly 20% on the week
-Price has been stuck in ascending channel for weeks
-50MA has been holding as support
ATOM has been attempting a breakout over the last week as many alt coins have went parabolic. BTC & ETH allowed alt coins to begin a stronger revival as they both broke out of major resistances & downtrends. The market has been rising for nearly a month straight with little correction. As BTC now seems exhausted, we may expect a retracement to come even though some alt coins have yet to make a large upward move.
For the last 3 weeks Cosmos has been respecting an ascending channel formation. Just over the past day, bulls attempted a breakout of the top trend of the channel but was rejected back in. Along with the top trend of the channel lies a resistance zone found from $16.55-$17.50. ATOM must fully break & hold this zone along with the top trend in order for a large surge to occur. In the case this does occur, expect ATOM to hit $18.51 +. This would allow for Cosmos to experience a larger scale retracement after 3 months of downtrending.
Over the past 4 days, price has refused to close a 4 hour candle below the median line of the channel. If bears push lower & ATOM does close a candle below, we can expect a drop to at minimum the bottom trend of the channel along with the major support found at $14.58. This area is also met with the 50MA which has been support for nearly 3 weeks. In the case this MA does not hold & ATOM breaks out of its ascending channel, we should expect prices to fall further to the $13.00 support level. This would likely put Cosmos into a slight bear trend.
While looking at the Stochastic RSI, we can see how it has been consolidating for almost 5 days, awaiting some type of move. This has formed a symmetrical triangle formation & a breakout to either side will trigger an explosive move. The regular RSI is also in the same spot as it has formed a near week long triangle. Once both RSI’s break to one side, we can expect price to follow suit.
ATOM Intraday Analysis
Spot rate: $16.30
Trend: Bullish
Volatility: High
Support: $15.54
Resistance: $16.54
Cosmos (ATOM) - August 15Hello?
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(ATOMUSD 1W Chart)
If the price is maintained above the 7.7772608-8.9843770 range, the uptrend is expected to continue.
(1D chart)
It should follow the uptrend line and climb to the 17.2233938-19.1738756 section to see if we can determine the direction.
If it goes down, you should check to see if it finds support at the 13.3224300 point.
If it falls in the 7.4709843-9.4214661 section, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
A move above the 20.4059845 point is expected to accelerate the uptrend.
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(ATOMBTC 1W chart)
If the price is maintained by rising in the 31520 Satoshi-37490 Satoshi section, it is expected to turn into an uptrend.
However, in order to continue the uptrend, it must break out of the downtrend line.
(1D chart)
If the price is maintained in the 32760 satoshi-38820 satoshi range, it is expected to turn into an uptrend.
However, in order to continue the upward trend, it must rise above the 38820 Satoshi-41840 Satoshi section.
If it goes down, we should see if there is support in the 23680 satoshi-2670 satoshi range.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
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