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ATOMUSD

Cosmos (ATOM) will die or reach the sun? Ultimate overviewHello, Skyrexians! While Bitcoin is staying inside the price range, altcoins are collapsing every day. BINANCE:ATOMUSDT is not an exception. It has tested the bottom at $6 once more. For sure, it's not pumping because top crypto traders continue talking about altseason. Most of people simply copy trade and therefore, the crowd is sitting is assets and waiting for the growth. Most of investing and crypto trading strategies and trading bot strategies giving the strong long signals, but even if you use the great cryptocurrency trading strategy, it's necessary to take into account the sentiment. It's very difficult to pump assets if everybody bought it and wait for the fortune. In today's article we will try to make it clear if ATOM found it's bottom, what is the current market phase and which possible scenarios can take place in the future. We will define the critical points when it's vital to make a decision. This overview will be useful for investors, traders and for who uses automated trading bots, automated trading software for cryptocurrency or grid trading bot. The potential scenarios can help you to make a decision how to set up your strategy to reduce risk and increase potential profit. Let's get started! Cosmos global overview ATOM is pretty old cryptocurrency which has been listed on the major exchanges in 2019. Therefore it has already showed us it's behavior is the bull run 2020-2021 and during the following bear market in 2022-2023. The key feature which we have to define for every crypto asset if it's up trending or so-called "scam" coin. ATOM set the higher low for the current bear market in comparison to previous one. It means the we can expect new ATH in the next bull cycle. Critical point which invalidate this statement located below $2. Until price is above we will consider previous bull run as wave 1, current bear market as wave 2. It means that next bull run can reach the very high prices in wave 3. The minimal target is $49 which is 1 Fibonacci extension level. The most likely target is 1.61 Fibonacci at $77, and the positive one is above $120, but I personally don't believe in this. Is bear market finished for ATOM? Now it's time to look inside the wave 2, is it finished or not. For this purpose we will use the 1W chart and combination of indicators: Alligator and Awesome oscillator.
by Skyrexio
4
Possible downward moveIn the technical analysis of ATOM, supply and demand zones as well as key levels can be identified. Currently, the range of $9 to $9.3 acts as a strong supply zone. This area is considered a significant resistance level that can potentially push the price back down to lower levels. If the price fails to break through this resistance, there is a possibility of a downward move towards the range of $8.5 to $8.2. In this range, there is potential demand that can prevent further price decline and even lead to a rebound.
by MonoCoinSignal
ATOM/USDT Local trend. Pivot zone.Logarithm. Time frame 1 day. Pivot zone. A triangle was formed under the descending trend. 🟢 Its breakthrough — reversal and price growth. 🔴 No breakout and downward breakout of the triangle — realization of expected targets of the descending pennant. Stop losses are now very short. On a larger scale on the linear looks like this. Pair to bitcoin. Very important. Highly liquid HYIP alts market as a whole. Published on 10 08 2022 see the idea, description + click play on the chart, this is a closed idea previously. ATOM/BTC Major trend. Asynchrony. The big secret.
by SpartaBTC
Cosmos (ATOMUSD): Awaiting a Deep DiveCosmos (ATOMUSD): BINANCE:ATOMUSD For Atom, we've had to adjust our limit order and counting as we observed an additional rise that did not fit into our initial analysis. This necessitates shifting our positioning of Wave (3) upwards. We are still within the ideal range of the 361.8% extension. Following this, we witnessed Wave (4) and an impulsive Wave (5) upwards, succeeded by a minor downward consolidation. In the coming days, we definitely expect to form a Wave (B) and then a Wave (C), although their precise locations are currently unclear. We lean towards expecting a Flat structure, typically between 100% and 138%; anything beyond would be excessive. Assuming that Wave (A) has reached its bottom at the current level, and if we break out significantly above $15.17, we will need to reassess the entire scenario. Until then, we anticipate seeing a three-part downward correction before reaching Wave (C) and thus completing Wave (ii). This Wave (ii) should find its absolute support at the 78.6% level and its associated support zone. Depending on the position of Wave (ii), we then expect a minimum rise for the subordinate Wave (iii) to at least $21. However, in the days or weeks to come, we should still anticipate another significant downward movement after having developed the Wave (B) upwards.
CRYPTO:ATOMUSDLong
by freeguy_by_wmc
2
ATOM LOOKS BULLISHIt has an ascending structure. Price had tried to create a bearish CH but failed and only the liquidity pool at the bottom of the chart was swept. If there is a pullback on the demand range, you can look for buy/long positions. The targets are clear on the chart. Closing a one-day candle below the invalidation level For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
Cryptolean Cosmos ATOM Update After printing a double top in the daily chart, Cosmos declined and now is trying to reverse from the key daily support level at $11.42, re-testing $12.09 resistance. A bullish break-out of $12.09 and a bullish candle closure above this level will result in a re-test of $12.89-$13.46 and, possibly, higher. A rejection $12.09 followed by a bearish break-out of $11.42 will push #ATOM price lower towards $10.16. Intraday Chart The ATOMUSDT 4-Hour chart is bearish and teasing $12.24, the key intraday resistance. A bearish rejection of $12.24 will push Cosmos price towards the key intraday support zone at $10.11-$10.71, where I will be closely watching the price action of ATOM. A bullish break-out of $12.24 will push price to re-test $13.54, however the price action may be slow and choppy. Support once read! Thank you.
COINBASE:ATOMUSD
by Trade-Lean
ATOM ANALYSIS (1D)ATOM seems to be completing a large triangle, we are now in the middle of the bullish wave D of this triangle. By maintaining the green range, it can move towards supply. The targets are marked on the chart. Closing a daily candle below the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Long
by behdark
#ATOM #ATOMUSD #ATOMUSDT #Analysis #Eddy#ATOM #ATOMUSD #ATOMUSDT #Analysis #Eddy (("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my suggestion is that you don't destroy your capital and first learn technical analysis and basic trading along with psychology and risk and capital management from reputable sources and courses, and then enter the financial markets.")) (("The above analysis and setups and points and areas are combined with most of the combined styles such as price action, supply and demand, RTM, ICT and also with the analysis of important indicators such as Dominance Tether and Bitcoin. If you are familiar with the mentioned styles and know how to get approval to enter the above styles, use the above analysis. This is not an investment proposal and only my opinion, please act based on your experience and decisions.")) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I also suggest you to view my #Analysis of #Bitcoin from the link below :
BINANCE:ATOMUSD
by Eddy_Trade_
1