ATOMUSD
approaching the high volatility zoneHello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a nice day.
-------------------------------------
(ATOMBTC 1W chart)
I think one of the coins that are ranked high by market cap but not getting the attention is the ATOM coin.
If the price continues to rise above 0.0006 508, which is an important volume profile point, it is expected to release upward force.
-------------------------------------
(ATOMUSDT 1W Chart)
I think the 11.992-15.083 section is the last resistance section to continue the upward trend from a mid- to long-term and investment perspective.
As such, it is currently in a price range that is burdensome to trade.
(1D chart)
The key is whether the price can sustain it by moving above the downtrend line (1) and above 12.881.
However, the 12.881-15.083 section is composed of HA-High, and there is a possibility of large volatility when it rises above 12.881.
Therefore, it is a section that should be divided and sold to those who already hold it.
A new buy point is possible when we see support around 15.083, but we do not recommend it.
The reason is that this coin market rise is expected to end in a short period of time.
The basis for such judgment lies in the decline of BTC dominance.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
Negative reaction to the resistanceIn the weekly timeframe, it is a bearish trend, and with a high probability, the main resistance in the range of $12.5 to $13.2 can bring a negative reaction, and it is the place for some short-term buyers to save their profits. Support is considered for ATOM in the range of 10.47 to 10.75 dollars, and we can expect a positive reaction from this range if the price returns.
Cosmos ATOM will find it’s bottom at this level!Hello, my friends!
As I told you many times all cryptomarket will show us the last stage of the bear market. ATOM is not the exception. Cosmos is a funamentally strong project and if you believe in it’s bright future I will share with you the price levels where I am going to purchase it.
ATOMUSDT has the clear Elliott waves structure. Waves 1, 2 and 3 have been printed. Wave 4, as I consider has been also finished at $17 and I don’t think that the price will reach this level only in the next bull run. This price level perfectly coincides with the 0.38 Fibonacci retracement. This is an ordinary wave’s 4 target.
Now ATOM is in wave 5, but where is the final bottom target. I have some difficulties with it’s defining using trading chaos approach, because it has the negative value. In this case I use the liquidity collection approach. I can see the greatest liquidity pool at the $3-$3.3 area. I suppose that price with 90% probability reach this levels. We should see the divergence on the Awesome Oscillator on the 3D time frame to make sure that the bear market is finished. Let’s see what will happen!
Best regards, Ivan
________________________________________________________________________________________________
If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
✅TS ❕ ATOMUSD: before turning✅✅ ATOM has started to slow down.
The price is under a strong resistance level.
I expect a fall soon.✅
🚀 SELL scenario: short below the support level .🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
ATOMBTC looks bearish (57 % dump likely) ATOMBTC has been in a very well-defined downtrend from January 2022.
A temporary horizontal support has held , however the price remains under downsloping resistance and overall the structure is very bearish as it's been creating only lower highs and lower lows.
We expect downtrend to continue for a while therefore 57 % dump is likely for ATOMBTC. After that it makes sense to flip bullish on this pair.
In August 2022 we published analysis where we expect a huge drop for a whole crypto market:
So far, this idea is playing out as expected and we believe that the final capitulation is coming which would trigger a 50%+ dump on ATOMBTC as well.
✅TS ❕ ATOMUSD: still moving✅✅ ATOM is still moving in a downtrend.
The price has rebounded from the level but cannot grow.
I expect a fall soon.✅
🚀 SELL scenario : short below the support level.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Short-term downtrend turning point 9.603Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ATOMBTC 1W chart)
If the price holds above 0.0005 440, we see it gaining momentum.
So, if it falls below 0.0005 440, I would expect a short-term downtrend.
---------------------------------------
(ATOMUSDT 1W Chart)
The key is whether it can rise above 12.887 with support in the 8.060-9.603 section.
(1D chart)
It's a matter of being able to keep up with 9.603 or higher.
If not, I expect it to turn into a short-term downtrend.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
✅TS ❕ ATOMUSD: above the level✅✅ ATOM has almost reached the support level.
The price is kept above the level.
I expect an upward rebound.l✅
🚀 BUY scenario : long to 10.6.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
✅TS ❕ ATOMUSD: bounced off✅✅ ATOM bounced off the support level.
The price has suspended its growth, a correction is possible.
After that, the growth is expected to continue.✅
🚀 BUY scenario : long to 12.3.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.