ATOMUSD
COSMOS (ATOM) Mid-term Support & Resistance zonesHi, ATOM community!
Today I’m going to analyze mid-term trading set up for Cosmos.
We should consider 3 keypoints moments here:
1) Price action near Support Zone 1 shows us little divergence between price and RSI chart. We can see that bears haven’t met much buy power pushing price to support 1
2) Price locked in 3.5$ - 4.2$ zone. I’m expecting sideways until any good news appear to break Resistance 2
3) In the case of positive news/social sentiment, the price could reach Resistance 3 pretty fast
For me, interesting entry points would be 3.4$ or after breaking 4.2$ resistance (which will become support zone eventually)
If you are seasoned scalper, you can try to trade above-mentioned range.
Your comments are appreciated. Thanks for reading
ATOM offers good buying points with strong force
Very strong bullish force + EMA20, EMA50 support prices.
We can buy and take profit: 6.1- 6.8 - 7.1
Good Luck :)
ATOM/USDT Trading opportunityI like this crypto, it is currently in position 18 in Coinmarketcap.
in my opinion, it is giving us a good entry with a risk of only 4% so let's operate it:
Buy: Atom / Usdt
Price: $6.7 - $6.8
Time: 2 - 5 days
Stop loss: $6.45
always divide your capital!
ATOMUSD: Sequential Arcs Jun 2019 |_|Technically, this is our first week try to stay above the thickest channel's median gray which shows the highest support/resistance strength
According to the first 3 arcs and the breakout candle we still have to go higher up to $8.2
Current pattern might be the same arcs kind of cup-and-handle figure that if we'll see another breakthrough $7.2 candle we potentially might see price comeback to $9 zone by middle of July
Market Cap around $1.1bln that can easy grow x10 at least
Daily trading volume according to coinmarketcap is around $50m that places $ATOM after such cr@pcoins as $NEO, $OMG with target to get above $500m daily that is x10 and speaking of current exchanges status we still have a big list of exchanges to start trading ATOM that is still very young comparatively speaking
Potentially one of the x100+ coins
$ATOM/USDT /BTC long Idea again after 49% gain with last oneHey!! I am trying EW with support of other Indicators and It's gonna work nicely IMO. Let's go!
Meanwhile BTC pair is here :
targets in sats : 8135 - 8543 - 9397 - 9937
Invalidation : 7380. With absolute SL at fib .618 mark
Breakout Descending Triangle ?Another highly bearish figure is a: Descending Triangle.
In this case the triangle has been invalidated on the upper TL Orange.
To confirm this movement we should expect a retest on a triangle.
Double Falling Wedge/Ascending TriangleA series of patterns highlighted in the view:
-.1 Ascending Triangle in Green (if the price follows the Green trend line)
-.2 Falling Wedge in Blue (if the price follows the upper Blue trend line)
-.3 Great falling Wedge in Red (if the price follows the Red pattern)
A validation of the Ascending Triangle (Green) would have a bullish predisposition in the short term but the price will be easily exposed to price changes.
If a "Wedge" pattern occurs, the price can be consolidated in the area, to then give rise to a strongly bullish trend.
Let me know what you think.
$ATOM Is A Good Bet! Ranked 16th on Coinmarketcap!I don't know where the hell i've been, but seeing ATOM claiming it's position at 16th on Coinmarketcap is a jaw drop for me. How come something so new like this, acquiring big market capital. You can learn more about the project on their website.
Judging from the chart perspective, I love the mid-term double bottom pattern, which indicate, it will be more upside on the future as if we break the current all time high price. ATOM already has major supply on the circulating so I think it'll be safe if we just hold, but I'm a swing trader so, not gonna do it.
First TP, ATH.
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TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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ATOM On A Moon MissionWelcome back!
When coin get added to exchanges sometimes they go very parabolic.
Atom is one that seems to be setting up for a very nice return!
Taking a look at the 4 hour TF its clear we are consolidating inside a symmetrical triangle.
Symmetrical Triangles are a indescision move where it's 50-50 bull and bear.
Considering current market conditions I have a bullish bias with this playing out.
Prices are correction ABCDE so we want to see a breakout of resistance soon for this to further my bias.
Once we breakout I would expect a short consolidation before going higher but it's also possible we impulse fairly soon before.
Watch for this one to really start taking off!
