Perfect possible Double Top into the Cosmo?ATOM/USD
Bearish Case
- Double Top can be seen (white line)
- 1hr and 8hr RSI shows a exaggerated bearish divergence
- BTC is retracing, eventually ATOM will follow to in this bear market
Target Zone
- $13.41 (neck line of the bottom of double top)
- $12.81 (0.618 fib retrace)
- $11.60 (0.5 fib retrace & start of double top)
Bullish Case
- May break higher 8hr Histogram showing reversal
Thoughts?
ATOMUSDT
Classic 10x While HEDGED''Oh Professor, I am a directional trader, I don't make money when I blend my positions. Hedging doesn't work for me''
Well, once again, I can assure you that hedging does work.
Many charts and many tokens, some will rise and some will fall.
In a market that changes direction in seconds you probably want to reconsider..
My message to my Turkish brother, while having some coffee. Also my message to you too.
One Love,
The FXPROFESSOR
Ps. i have bad weeks and i have good weeks, i have bad days and months and good days and months but at the end of the day i enjoy trading without stress. Get rid of people and things that stress you out, trade as a GAME first and with money you can play with and use your real buying power to selct good SPOT and accumulate between now and 2024-2025. Just my humble opinion, you are on Tradingview where we supposed to all be logical, grown ups. You look, you listen or you post and you always decide what YOU will do with YOUR money.
ATOM IDEA GOES AS NEUTRAL SINCE IT'S CLOSE TO TAKE PROFIT LEVEL AT 17,34$
DAY 11: #ATOMUSDT (#SHORT)More trading signals and their results, in my channel, link in the description
DAY 11: #ATOMUSDT (#SHORT)
2% of the deposit
Margin: isolated
⚖️Leverage: x10-20
🗝Entry point: 17.050-17.190
🎯target 1 - 15.628
🎯target 2 - 14.999
🎯target 3 - 14.151
🎯target 4 - 13.258
🎯target 5 - 12.342
❌stoploss: 17.611
DAY 6: #ATOMUSDT (#SHORT)
More trading signals and their results, in my channel, link in the description
**ATOM short - Blowoff top incoming***Short potential scalp ~10%
Potential blow-off top forming
OI increasing rapidly whilst price growth slowing, approaching a key resistance.
Possible flip resistance for final push then down or fail at resistance and down.
TP#1 around green line.
Confirmation depends on your risk profile. I have scaled shorts at key overheads.
Invalidation again depends on risk appetite.
ATOMUSDT:UPDATE:PROFIT💚22 % 💚Hello
. Analysis update. Based on the previous analysis, we expected the price to return from two ranges and it was mentioned to look for a buy position. The price was supported from the first range and it gave us a profit of 22% without leverage..
.You can view and compare the attached chart and analysis
..Follow me to see more analysis
Trading Signal For ATOMUSDT Cosmos Trading Setup:
A Trading Signal is seen in the ATOMUSDT Cosmos
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 13.980
⭕️SL @ 12.243
🔵TP1 @ 18.119
🔵TP2 @ 21.073
🔵TP3 @ 25.119
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments .
ATOM - Even in a Red Day We will get Breakouts Hi everyone,
my favorite time to brag about my good trade without showing you the bad ones. Not all my trades go like this but hey, i got 6/7 yesterday so happy today despite the 'red market', always buy and always short something is the moto.
You see, the point I want to make is that some days market will be bullish and some will be bearish but not all assets will go together. Some will rise more and some will drop more. Keep that thought, make it yours and it might help everyone do better in this crazy volatile markets.
in any case, remember that trading is first a game. A mental game you have to play with a plan... and the plan is to know it can go in either direction but the chart will offer you higher probabilities.
I made a lot of thoughts recently to show you more complicated charts, add MAs indicators, volumes etc etc.. I declines the thought and will keep it as simple and tidy as it gets.
Some people will like it, some will not but hey: I am here for those of you that like it.
One Love,
The FXPROFESSOR
PS. The same target and all these ups and downs can still make (or lose us) tons of money:
ATOMUSDT:H3Hello
. As you can see, the price is moving in an upward channel. Important levels are marked in the chart for trading.
..📢 Please follow your strategy, , this is just my idea
.🙌Please do not forget the ' like' button & Share it with your friends
.✍ I will be glad to see your ideas in this post
.🧲Follow me to see more analysis
ATOMUSDT 3D Good growth prospect for medium and long-term tradesIt can be assumed that for the last 2.5 years the ATOMUSDT price has been moving up through a large channel.
Now the liquidity zone $20-25 acts as a magnet for ATOMUSD price growth, it is possible that the price will be able to reach there in this wave of growth.
"The sweet" buying zone for medium and long-term positions is around $10 per Atom
In general, the Cosmos Atom token price showed a very good 200% rebound from the bottom of July 2022 among liquid coins
This fact indicates that "buyers with money" believe in the future growth of the ATOMUSDT price.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
ATOM, great more than 130% in few week!At the beginning of July we posted an image of ATOM in which it was in a macro support at the price of $ 7.8 we opened a Long the result was very interesting.
we made more than 130% in a few weeks.
There is currently an important resistance (red box) where the price could go down a bit or break up.
Much will depend on BTC, if the bear market comes to its end, ATOM will also do very well.
We stay in HODL, see you soon for new updates.
LPI.sa
ATOM / USDT - Trade setupHere's a quick look at the ATOM 15 min chart. As we can see, the price has been forming a bull pennant and we should watch out for a breakout.
The best entry would be when the price breaks above the bull pennant with a good amount of volume .
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The idea is: Buy when the price breaks above the bull pennant and take profits at the levels shown in the chart.
Targets:
1. 16.3$
2. 16.7$
3. 17.1$
4. 18$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!