ATOMUSDT
ATOMUSDTHello dear friends,
*Mars Signals Team wishes you high profits*
This is a one-day-time frame analysis for ATOMUSDT
Obviously there wee see some areas on the top including R3, R2, and R1 that all are our resistance areas and demonstrate the disability of the price to rise at various points. And we have S1 and S2 as our support areas in the current chart with their support of price at several points even in the past. The price was supported well at S1 line at some points and after each support it could rise to higher amounts. But by having the disability to rise more at 1 line, it was on a decline again and is now under fluctuation over S2 area. This is a corrective trend for the price at the present, it was rejected again via a negative Marubozu candle to lower amounts which means the high pressure of sellers. Now it is moving and fluctuating over S1 area and it is predicted to have a range at this point and after a fall and then a recovery, besides providing us some signs, it we would have a rising trend to happen. If the last candle is closed over S1, then we expect more rise to happen. But if the formation of the last candle is done below S1 line, then the possibility of a decline is high then. Either the price is able to be supported at R1 and by moving toward R2 and breaking this area upward and retesting and providing more fixation and rising signs for us, we will expect more increase for it to touch R3 (which is another proper point for saving your profits). By the time the price loses the support at R1 and via falling below it and losing the support, more decline will take place down to S1. But remember that by the time the price loses S2 support, it will touch more lower amounts as more decline. Remember to wait for the price to be supported at S2 and on its recovery trend and returning process, you can enter trading and put your sale orders. It is better to check every detail and information before doing anything. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Take care
ATOM next support zonesThe ATOM chart appears to be relatively straightforward at the moment. If it breaks the $10 support level, we can anticipate a potential decline to the next demand zones, which are situated at around $8.43 and $5.55. I recommend exercising patience and waiting for the price to reach the demand zones before making any investment decisions. By doing so, you may be able to purchase at a lower price and achieve a more profitable return.
In my opinion, it is better to buy in strong zones rather than pivots.
Cosmos (ATOM) analysis: New rubric "Where is the BOTTOM?"Hello, everyone!
Let's continue to analyze fundamentally strong crypto assets which I am going to buy at the very bottom. Now it's time to predict where the bottom for ATOM is gonna be.
Using trading chaos approach I defined the Elliott waves with the order you can see on the chart. You can tell me that wave 2 is too deep, but I have the evidence that it's correct. Look at the Fibonacci extension 1.61 - the natural wave 3 target. Price has reached this target perfectly. After that price has printed the wave 4 which is represented as a triangle correction. I think now ATOM is in wave 5 because it broke down the key fractal level.
The most important question: where is the gonna be the bottom. My answer is $3. There I will buy ATOM for the new bull run. This target was calculated according to the Tom Joseph's methodology. Bill Williams linked to his approach that's why I use it here.
Best regards, Ivan
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[cosmos] by qikoToday, I bring forth a fascinating analysis of ATOM.
Since its low in March 2020, ATOM has experienced an impressive 4100% increase at its peak. Subsequently, ATOM descended in five waves, with the 5th wave truncating, signifying the inception of a downtrend.
I anticipate the swing highs to be surpassed for Wave B before resuming the downtrend to complete Wave C.
Wave B Target: ~ 26
Wave C Target: ~ 3
ATOM can increase a lot pretty soon!ATOM is going to create a big double bottom pattern which means the price shall increase a lot ! the second Bottom will be created soon and afterward we shall expect the price to increase as much as the measured price movement (the length between the top and the bottom of the pattern) and reach 15.85$
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
ATOM/USDT Secondary trend. Right shoulder area.Secondary trend. Time frame 1 week. Logarithm. Showing % of potential reversal zones depending on the overall situation in the crypto market.
Coinmarketcap : Cosmos
Line graph.
Local trend. Pivot zone. Time frame 1 day.
Main Trend Look at my previous idea published half a year ago by clicking on the "play" button on the price chart.
ATOM/USDT Main Trend. Channel. The important zone.
#ATOMIt is located at the bottom of the corner of its own long-term ascending channel.
It has corrected more than a third of the previous wave, which can be placed in the third ascending step.
You can apply for a long position until the dynamic trigger, and if the trigger fails, it can have upward targets of $18 and $22.
The bottom of the previous analysis wave will be invalidated.