ATOM/USDT Update 📈📉HEY, SUP Guys !
What happened for COSMOS !
In The last analysis that I posted for ATOMUSDT , it reached TP1 , then after breakout the lower ascending trendline of rising wedge it has been declining so far and reached on the lower support ( by breakout -67 %🔻 🎯💰 ).
So today as we can see in the 1W time frame for ATOM/USDT , after a sharp cascade , it has managed itself under the PIVOT as a resistance zone .
and if atom doesn't return back and at least 1 weekly candle doesn't close on the pivot zone , then according to bar pattern it will decline to lower support (demand zone) ,but if bulls be able to increase the price on the pivot zone, then it can rise again and reach the vwap line or the higher resistance zone !
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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ATOMUSDT
COSMOS-Bull trend with a pauseHello everyone
As you can see ATOMUSDT did pretty good in the last 2 days and made a bull channel for us.
In 4 hours chart we have a good amount of buy volume on 11.5$, but considering the body of the bear bars in the trend which starting to get bigger, we might get some down trend like couple of bars before.Knowing that the price been in a trading range in the past 9-10 days between 10$-12.25$ , I prefer to take sell signals right here for about 4-5 bars.I mean we don't know if this will be a break out or not(3ed times the charm).
the support levels are 11$ & 10$ and the resistance levels are 12.25$ & 13$.
I will gladly answer your questions. PRESS THE LIKE BOTTOM
ATOM/USDT - Short ScenarioHello Traders!
After long price distribution in the range of $22.00 - $44.00 ATOM passed to the falling phase.
In case of continuation of descending dynamics of market movement it is possible to expect the further movement of price of assets to the following levels of support.
For medium-term purchases at the moment there are no comfortable prices. It is better to begin the set of assets after decrease in the price to a zone of interest of buyers $4.50 - $6.35. It is best to place buy orders near the support level of $4.50, it can be price values of $4.20 - $5.00.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ATOM Recovery Atom look like it pulled back from low of $8 we and up already we may see bullish in a few weeks. This coin will let you get a 5%+ APY on some of the exchanges. This one have not change since. This coin have High potential for it to recover back to $40. RSI way over sold in the 3 day time frame. Resistant in at the $10. The market is making a recover after fear.
ATOM : GLOBAL VIEW UPDATED (Short)Watchlist for short set up
Will take a big while to wait as this is weekly chart
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1. The analysis on my page is for scalping /day trade methods only , not for coin holders/investors /long term
2. If you follow my analysis please set SL at ur acceptable risk : I don't do real time update, There's gonna be 1 status update of a result the analysis only 3. Feel free to share ur thoughts "
Cosmos Hub (ATOM) - May 9hello?
Welcome, traders.
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Have a nice day.
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(ATOMUSDT 1W Chart)
Above 17.65: Expected to create a new wave.
If it falls below the 11.38-13.76 range, it is highly likely to enter the mid- to long-term investment area, so careful trading is required.
Therefore, a rise above 17.65 is an important spectating point.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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