STRONG BUY ... ATOM WILL REACH $60 🚀we posted for atom before and now as we can see it is totally respecting that support area...
buy now and hold after that wave of course it will be more than +45$
✅ Buy: 18 - 21 ✅
🎯TARGETS:
1- $26.53 (33.40%)
2- $33.75 (69.50%)
3- $45. 40 (172.8%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $14.75
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ATOMUSD
Anytime Moon for CosmosThere are now hundreds of different blockchain networks in existence, but very few of them can communicate with each other. Cosmos is a project aiming to solve this problem of interloperability between blockchains. The Cosmos team finally launched their much awaited Inter Blockchain Communication (IBC) protocol on 29 March of this year. IBC is essentially a communication protocol that permits blockchains to connect to one another. The blockchains that are IBC compatible can transfer their tokens to the Cosmos hub as well as allow ATOM to be transferred to these other blockchains. ATOM is the native currency of the Cosmos ecosystem.
Cosmos has been working on making its infrastructure uncomplicated to use. To achieve this, the Cosmos software development kit focuses on modularity. This allows a network to be easily built using chunks of code already in existence. The aim is to be the most trusted intermediary.
The founders of ATOM created Cosmos SDK and Tendermint BFT. Cosmos SDK helps in blockchain development by providing a modular toolkit for building base infrastructure and Tendermint is one of the modules enabling secure communication between blockchains.
There could be increased demand on the horizon to use the IBC protocol especially for all of those networks that have built with the Cosmos SDK or use the Tendermint Consensus Protocol including Crypto.com, Terra, Kava, Band Protocol, Injective Protocol and last but not least the Binance Smart Chain. Furthermore Cosmos has built a link between Ethereum and the Cosmos ecosystem via their Ethereum 'Peg Zone'. This development will see the seamless transfer of ERC20 tokens and Ethereum between the Ethereum chain and all of the above mentioned IBC connected networks.
Cosmos is a relatively undervalued Ethereum 2.0 diversification hedge. The project is ranked #31 in market capitalization. According to Coinmarketcap: Circulating Supply 210,716,506 ATOM / Total Supply 268,501,109 ATOM / Max Supply No Data.
The price of ATOM exploded in January of this year and hit an all time high of $28.32 (CoinGecko) on 15 April. We have seen a 28% fall from space in the price since then and ATOM is trading at $20.41 today. ATOM is camped at a flattening 50 SMA but a rising 100 SMA offers more support at $17.21. I took a position on 15 March at $19.39. You can stake your ATOM for a generous 9.88% APY. This can be done directly on Exodus Wallet. ATOM can be purchased on Coinbase PRO, Binance etc www.coingecko.com
This may be a good time to dip your pluto in the water.
ATOM - I'm HODL'n CosmosHave a small position in ATOM. I don't trade it, because I want to earn the 5% staking reward. I just bought some a bit ago, and am holding on.
Looking at the chart, seems like a good contrarian buy, has been feeling some downward pressure as displayed by the BBands, Stoch, and MACD.
No real "TIMBER!!" moment, just some light profit taking. I'm guessing I'm not the only one wanting those rewards.
Cosmos (ATOM) - April 19Hello?
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(ATOMUSD 1W chart)
(1D chart)
It remains to be seen if it can rise above the 22.4898596 point by following the uptrend line.
If it declines at 17.2233938, a Stop Loss is needed to preserve profit and loss.
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(ATOMBTC 1D chart)
We have to see if we can get support from the 3882 Satoshi-4184 Satoshi section and get off the downtrend line.
3276 If you fall at Satoshi, you need Stop Loss to preserve profit and loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
ATOM at an interesting level- Broke through trendline on good volume
- Entered a resistance zone, currently turning support
- MACD curling away
I would set a Stop Loss below the trendline and the if we turn this zone into support, we could easily see it run towards the most previous high without much resistance.
How do you feel about Cosmos at the moment?
Cosmos, time has come?Atom has been trading side ways for a long time, and after the new update we might see atom pop off and do 2x in this all coin season. Iam looking forward to 40.
ATOM/USDT ... ATOM breakoutAs you can see
Atom has started a breakout that can keep itself above the trendline if it can
It can easily climb and reach higher prices
If so, this would be the best entry point
Average profit and average loss
If you agree with me, leave likes and comments to support
Thankful
ATOMUSDT Waiting for the Symmetric Triangle Breakout!#ATOMUSDT (Day Chart) Technical Analysis Update
Waiting for the symmetric triangle breakout
ATOM/USDT currently trading at $20.45
Buy-level: Above 23.00 (only buy if day candle closes above the triangle)
Stop loss: We will update once we see the breakout
Target 1: $24.60
Target 2: $26.40
Target 3: $30.00
Target 4: $35.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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Cosmos Network (ATOMUSD) analysis❇️Cosmos Network (ATOM)
A Decentralized Network Of Interoperable Blockchains(Internet of Blockchains)
Cosmos is a network connecting many independent distributed ledgers (e.g., Ethereum, Bitcoin) to achieve interoperability across blockchains. Its goal is to "create an Internet of Blockchains", i.e., "a network of blockchains where each participant is able to communicate with each other in a decentralized way".
Cosmos is built on a set of independent blockchains referred to as zones, which are powered by the Tendermint Core consensus mechanism - a Byzantine Fault Tolerance (BFT) consensus mechanism used to scale public Proof-of-Stake (PoS) blockchains.
Defined as a "blockchain 3.0"
With these pieces in place, Cosmos is a well-built machine that can easily compete in the modern blockchain market. If the team negotiates a large third-party dApp library and gains enterprise buy-in, this could be a sleeping giant in blockchain.
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❇️Technical analysis
ATOM/USD is part of a strong bullish trend & fluctuating in an upward channel. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above ema200. The next resistance located at 5.58 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 7 USD then at the end of chanel 11.8 USD . With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, if you want to take a position be cautious & set up your stop-loss because bearish correction could continue for a while until begin a bullish movements.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.
$ATOM - looks pretty ripe on a breakCurrently breaking the range derived from the 1D chart of the recent consolidation
We also have a pennant/a downward resistance trendline
Flips of these into support will be very positive
Also a flip of recent deviation high 23.2 would be bullish, and a good place to bid once passed
Not much wrong here, awesome project too is Cosmos Atom
Let's see how it and other alts perform while BTC should start to rip higher now
Generally it has meant alts have struggled so if you dont have exposure yet I wouldn't jump the gun
ATOMUSDT (ATOM) – Potential 100% gainsBUY: 17-20
TARGETS:
1) 39.87
2) Trail stop loss
STOP: When a 4h candle closes below 14.5
Rationale:
-Price is forming a large bullish pennant on the daily
-The upper and lower trendline of the pennant has been touched three times each
-Price will likely range between the trendlines before breaking to the upside
-We remain bullish as long as price is above the 100EMA
Your risk, your reward. This is not financial advice.
Happy trading.