ATOMUSD
ATOM Broke ResistanceNot trading advise, just playing and learning.
ATOM broke above the $20 level resistance and the one hour chart shows an upward pressure channel with higher highs and higher lows. This opens a potential decent swing trading between around $20 to $23, how low to buy or high to sell depends on risk appetite.
Please comment and let me know your thoughts and feedback.
Good luck.
ATOMUSDT(4H CHART) ATOMUSDT (4H CHART) Technical Analysis Update
resistance breakout
ATOM/USDT currently trading at $21.55
Buy-level: Above 20.5 to $21.5
Stop loss: below $17.5
Target 1: $24.40
Target 2: $26.30
Target 3: $30.00
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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$ATOM - bullish FA and TA = percentageFA:
The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.
A major concern for some in the crypto industry centers on the levels of fragmentation seen in blockchain networks. There are hundreds in existence, but very few of them can communicate with each other. Cosmos aims to turn this on its head by making this possible.
Cosmos is described as “Blockchain 3.0” — and as we mentioned earlier, a big goal is ensuring that its infrastructure is straightforward to use. To this end, the Cosmos software development kit focuses on modularity. This allows a network to be easily built using chunks of code that already exist. Long-term, it’s hoped that complex applications will be straightforward to construct as a result.
TA:
Bullish breakoutof a 43% correction phase from wick to wick
In from bids on that bottom blue zone, looking to scale more in on the retest of the blue line after a rejection from 0.618/0.65 fib
Targets of the 1.0 fib initially then higher levels depending on market strength as of course the play does depends on BTC!
Cosmos (ATOM) - March 3Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
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We need to see if we can get support at 18.701 and move above the 21.071 point along the uptrend line.
If it falls, you need to make sure you get support in the 15.512-16.902 range.
If it falls at 18.701, it is likely to turn into a short-term downtrend and requires careful trading.
If it declines at 12.733, you need a Stop Loss to preserve profit or 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 the sake of 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/USD - Last buy opportunity before pump? ATOM is correcting after setting an ATH at $26 and if price drops back to support at $16 this may be a good moment to enter before a breakout to re-test and probably move beyond our current ATH.
My bias is bullish on ATOM and any dip into support would present an opportunity to buy.
The indicators are a bit flat on 4h, hence we need to wait for price to lead the way and once a breakout occurs above our diagonal resistance line we should be good for a nice pump.
ATOM has been a very strong performer, hence I expect it to continue to do so as long as our overall market remains bullish.
So watch this level and take advantage of any possible drop into support, unlikely that will fall, unless BTC takes the whole market down.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
ATOM/USDT has good bullish signals!Hi every one
COSMOS / TETHERUS
the ATOM/USDT chart has some promising bullish signals! the first one is that there is a bullish flag pattern which means after the upward break out we shall see the bullish movement to be as much as the flag pole but we must wait for the breaking of this pattern!
another signal is that there is a hidden bullish divergence which is visible on the picture! these signals make the bullish movement of the ATOM more reliable!
Thank you for seeing idea .
Have a nice day and Good luck.
Cosmos (ATOM) - February 24Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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You should watch for any movement that deviates from the 16.902-25.240 section.
In particular, we have to see if it can rise above the 21.071 point.
If it falls between 15.512-16.902, a short stop loss is required.
The next volatility period is around March 9.
-------------------------------------------------- -------------------------------------------
** 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.
Hence, 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 from 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 or 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: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
🆓Cosmos/USDT Analysis (22/2) #ATOM $ATOMATOM corrected 30% from the peak and at 20$ round-number zone is a good opportunity for ATOM to rebound to conquer the strong price zones at $23 and $26 to strongly rise to $34 zone.
However, ATOM can continue to fall to $18 zone when it fails at $18 and $26 price zones so watch out for those price zones.
📅NEWS
👉Feb 28 : Cosmos Hub Launch of IBC
📈BUY
-Buy: 19.5-20.5$. SL B
-Buy: 17.5-18.5$. SL B
-Buy: 25.5-26.5$. SL B
📉SELL
-Sell: 22.5-23.5$. SL A
-Sell: 25.5-26.5$. SL A
-Sell: 33.5-34.5$. SL A
♻️BACK-UP
-Sell: 17.5-18.5$ if B.SL A
-Buy: 13.5-14.5$. SL B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
Cosmos ATOM Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
Cosmos ATOM Market Cap $4,549,314,695
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
ATOM - Ascending ChannelAssuming trend continues for COINBASE:ATOMUSD .
Great entry before next push to the upside. Possible +65% return on hold.
* Below 200 MA on the 1H time frame; great entry price!
* Above 200 MA on the 2H chart for support.
* Above 120 MA on the 2H chart for support.
* Trading inside ascending channel since beginning of Feb 2021.
* After hitting next target high, may crash as low as $25.29. Labeled on chart.
* Measured Support/Resistance at:
- 21.82
- 22.86
- 23.59
- 24.32
- 25.23
I'm still very bullish on ATOM. It didn't get a strong push to the upside after Stargate upgrade as expected but the possibility is still there. When comparing market cap to BINANCE:DOTUSD , I believe ATOM is still very undervalued. This is one to watch out for and now may be our last chance for entries below $22. It' does not pump and dump like the other alt coins. The slow and steady growth is great for long term. The consistent price action inside ascending channel is undeniable.
Good luck trading!
ATOM/USD 4h Bullish ForecastHere is how I see the ATOM/USD bullish forecast at 4h TF.
I've got kinda a good trade in 2 days buying at 19.8 on on Feb 14 and selling at 25 on Feb 16.
Next level for me to buy in is using the 60% of may normal oder size at $20-22.
This is an investment advice, as I'm not a financial advisor.
Make your decision at you own risk and performing your own researches.
And REMEMBER: likes and comments increase success rate of all your trades :)