Atom 24 % Pump Or 16 % Dump... ?!The ATOM bullish trendline is about to break.
Short trade possibility:
Entry point: After breaking the bullish trendline and the $10.72 range
Profit targets:
$10.25
$9.68
$8.98
Long trade possibility:
Entry point: Above the $11.40 range
Profit targets:
$12.58
$14.14
Important notes:
This analysis is for informational purposes only and should not be considered as investment advice.
Do your own research and use a proper risk management strategy before any trade.
The cryptocurrency market can be highly volatile, so trade with caution and awareness of the risks.
ATOMUSDT
📈ATOM: Potential Long Opportunity on 4-Hour Timeframe💎🔍Today, let's focus on Cosmos (ATOM) on the 4-hour timeframe, where it has reached support at $10.714. Concurrently, it's consolidating around this support level while the RSI indicator shows positive divergence, indicating potential bullish momentum. Moreover, the decreasing volume in red candles suggests bullish volume divergence.
📈For long positions, the activation of RSI divergence with a breakout above $42.49 confirms the signal. The next resistance lies at the RSI midline, or $11.125, where a candle close above this level could signal entry for long positions.
✅Setting our initial target with a risk/reward ratio of 2, we aim for a price target of $12.745. If the price reaches this level, profit-taking could be considered.
📉Considering short positions, it's essential to note that strong trends often accompany significant divergence. However, without substantial selling volume, it's challenging to confirm stronger selling pressure. Confirmation would entail multiple red candles with high volume.
🛑For short position targets, the initial risk/reward ratio of 2 could be applied, followed by considering support at $9.734.
📝Overall, Cosmos presents a potential long opportunity, supported by technical indicators and price action around key support levels. Short positions should be approached cautiously, awaiting confirmation of increased selling pressure.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
ATOM/USDT Primed for an Exponential Rally? 👀🚀ATOM Analysis💎Paradisers, it's time to zone in on #ATOMUSDT as it gears up for a potential bullish turn from its support zone, signaling a promising uptick.
💎Riding the waves of an ascending channel, MYX:COSMOS stands on the brink of testing the support level at $10.19. A notable decrease in volume at this crucial point hints at the likely extension of the bullish trajectory from $10.19, underscored by a volume spike suggesting a momentum shift could be on the horizon.
💎Conversely, if #ATOM's price breaks below this pivotal support, a strategic recalibration will be in order, as we anticipate a bullish resurgence from the next support level at $8.87. Should NASDAQ:ATOM struggle to initiate a bullish phase from this juncture, a further descent may be inevitable.
💎Staying ahead requires vigilance and adaptability as we navigate the evolving dynamics of the #ATOM market, prepared to adjust our strategies accordingly.
ATOM-VIP SIGNALATOM
LONG
X10-X20
We have two entrances
I marked the first entry with EP1
If he can break out the orange resistance
We take long with 10-20 leverage
And our stop will be under the support of white color
That is, under the range that is called
SL-EP1
LT is
This is from the first entry
The second entry is also characteristic
If it reaches its limit, take long
Pay attention, for the second entry, only reaching the limit, not breaking out!
I also specified a stop for the second entry
Pay attention if the first login is activated
The second entry will be canceled altogether
And the second entry is for now
The first entry will be cancelled
Good luck
ATOM bullrunHi!
I've spotted some exciting activity in ATOMUSDT. There may be a Bull Run in the next few weeks.
We had a breakout candle at the beginning of March with volume.
Now, the chart is accumulating for the next move. It is worth putting a long trade if we see an increase in momentum and volume in the lower timeframes (4h/1D).
ATOM//USDT bullish continuation from support? 🚀ATOM Analysis💎 Paradisers, pay close attention to #ATOMUSDT as it reveals an intriguing pattern. Currently, we're evaluating key resistance levels, which could potentially lead to a bullish continuation from the critical support at $11.857. We remain on standby, waiting for the opportune moment before executing our strategy.
💎 In the event that MYX:COSMOS loses momentum at the support level, we have a bullish scenario in mind: a turnaround from the lower support at $11.152. This level boasts substantial liquidity, evidenced by previous robust upward movements and significant green candles.
💎 However, should the price decline below this secondary support, it may signal a shift toward bearish territory, accompanied by increased selling pressure. As we closely monitor the #ATOM market behavior, staying alert and adaptable is essential.
ATOMUSDT BULLISH CONTINUATIONDaily Buying Zone (10.65 to 10.98): On the daily timeframe, you've identified a buying zone for ATOM/USDT between $10.65 and $10.98. This range suggests a level where significant buying interest has historically emerged, possibly acting as a support zone. Traders often look for such areas to enter positions, anticipating a bounce in price from these levels.
Fresh Buying Zone for 4-Hour (11.2 to 11.4): Additionally, on the 4-hour timeframe, there's a fresh buying zone identified between $11.2 and $11.4. This zone indicates a recent area where buying pressure has been observed, possibly signaling renewed bullish momentum.
Respecting Trendline: You've mentioned that ATOM is respecting a trendline, which adds further confluence to the bullish scenario. When a cryptocurrency respects a trendline, it suggests that the price is following a certain direction, reinforcing the validity of the trend.
Expected Rally of 34%: It's noted that the expected rally in ATOM/USDT is around 34%. This indicates the potential upside movement in price from the identified buying zones to the anticipated peak of the rally. Such projections are often based on technical analysis indicators, historical price movements, and market sentiment.
Two Target Prices: You've set two target prices, suggesting levels at which you plan to take profits or partially close your position. These target prices are likely based on technical analysis indicators, such as resistance levels or Fibonacci extensions, and help traders manage their trades effectively by having clear exit points.
In summary, the analysis suggests a potential trading opportunity in ATOM/USDT, supported by identified buying zones, trendline respect, and an expected rally. By setting target prices and managing risk, traders can navigate the market with a clear plan, aiming to capitalize on potential price movements while protecting their capital from adverse outcomes.
ATOM - USDT Achieved TP LVL 🔥 27/03/24Absolutely smashing results! 🔥🔥🔥
Trade took over 6 days & in the final "push" did hit TP @ 12.601. With Entry @11.470 it left us with a nice profits!
It was achieved using purely technical analysis only...
PS: not able to post many more trades, which one in the progress or just endup in profit , cos of lack spare time , sorry....over incoming weekend I will try to share majority of them ..
Live Long & Prosper!🖖
ATOM / Cosmos ecosystem : what now?Following my 2022 idea on the Cosmos ecosystem, we now have
1. Entered the area highlighted
2. A signal (bullish W div & breakup W/M)
-> The idea is now ready to be executed into a trade with targets and SL.
This is a long-term trade, so there is absolutely NO NEED to overmanage it. This is better executed as a spot-holding, which could be partially staked for a small extra APY.
Cheers
ATOM/USDT IDEA Atom/USDT Analysis:
On the weekly timeframe, a trendline breakout has already been confirmed, and a retest appears to be nearing completion. Anticipating a significant bullish rally in the midterm, with a target around $30. Please note that this information is not financial advice. Kindly conduct your research (DYOR) before making any investment decisions.
ATOM: Resistance BreakoutTrade setup : Price remains in an Uptrend. It has broken back above $12.00 resistance to signal resumption of uptrend, with +20% upside potential to $14.30, where it got rejected 2x (Double Top) in March. Stop Loss (SL) level at $10.60.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $10.00, then $9.00. The nearest Resistance Zone is $12.00, which it broke, then $14.30.
ATOM LOOKS BULLISHIt has an ascending structure. Price had tried to create a bearish CH but failed and only the liquidity pool at the bottom of the chart was swept.
If there is a pullback on the demand range, you can look for buy/long positions.
The targets are clear on the chart.
Closing a one-day candle below the invalidation level
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ATOM/USDT - Support Holding Strong and expecting bounce backBINANCE:ATOMUSDT (4H CHART) Technical Analysis Update
ATOM/USDT is currently trading at $9.006 and consolidating around the strong support area at 8.784-9.006
We can expect the price to consolidating around the above range for next few dance and i'm expecting the price to bounce back from this.
If the price bounce backs we have a nice LONG trade with a good potential profits.
Long Entry level: $9.374 (After Breakout)
Stop loss: below $ 8.187
Target 1: $9.809
Target 2: $10.314
Target 3: $ 10.973
Target 4: $12.083
Max Leverage: 5x
Don't forget to keep stop loss.
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Cheers
GreenCrypto
ATOMUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Increased risk.
Entry: market and lower
Targets: 15 - 17 - 19
after first target reached move ur stop to breakeven
Stop: ~10.2 (depending of ur risk).
RR: 1 to 5
ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
DYOR!
🛠️ ATOM Long Trade Setup 🛠️📈 Analysis:
Market Observation: Layer 1 coins have been performing well recently, with ATOM showing resilience.
Support Area: ATOM is currently trading in a support zone, presenting a potential entry opportunity.
BTC Influence: Considering BTC's potential downward movement, a tighter stop loss is recommended to mitigate risk.
📊 Trade Setup:
Entry: Ladder into a spot long trade in the $11.50 - $12.50 support area.
Target: Take profit at resistance levels of $14.50 - $15.00 or $16.00 - $17.00.
Stop Loss: Place a tight stop loss just below $11.00 to manage risk amid BTC's potential volatility.
🔍 Note: Monitor market conditions closely and adjust your strategy accordingly. Be prepared for fluctuations in BTC's price and its impact on ATOM. Consider setting trailing stops to protect profits.
Cryptolean Cosmos ATOM Update After printing a double top in the daily chart, Cosmos declined and now is trying to reverse from the key daily support level at $11.42, re-testing $12.09 resistance.
A bullish break-out of $12.09 and a bullish candle closure above this level will result in a re-test of $12.89-$13.46 and, possibly, higher.
A rejection $12.09 followed by a bearish break-out of $11.42 will push #ATOM price lower towards $10.16.
Intraday Chart
The ATOMUSDT 4-Hour chart is bearish and teasing $12.24, the key intraday resistance.
A bearish rejection of $12.24 will push Cosmos price towards the key intraday support zone at $10.11-$10.71, where I will be closely watching the price action of ATOM.
A bullish break-out of $12.24 will push price to re-test $13.54, however the price action may be slow and choppy.
Support once read!
Thank you.
ATOM: Pullback in UptrendTrade setup : Price is in an Uptrend. Pullback near $12.00 support could be a swing trade entry opportunity in Uptrend, with +20% upside potential back to $14.30. Stop Loss (SL) level at $10.90.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $12.00 (previous resistance), then $10.00. The nearest Resistance Zone is $14.30, then $15.50.
ATOM/USDT Bullish ride boom from demand?🚀 ATOM BOOM💎 Yello ladies and gentlemen! Get ready for an exciting chance with #ATOMUSDT as we've spotted it bouncing around in a range, hinting at potential price movements ahead.
💎 Checking out #ATOM, it's been giving a nod to its short-term resistance (RI). We're eyeing a bullish leap from the demand zone at $9.249, but that's banking on the price keeping up its energy at this level. If it manages to do so, we might just see it bust through RI and embark on a bullish journey.
💎 Ready to catch every opportunity? Keep your eyes peeled if the CRYPTOCAP:ATOM slips below the DZ. In that case, a cool, calculated wait for a bullish swing from the lower demand zone at $8.417 is the move, thanks to the juicy liquidity waiting there. Dipping below that? Brace for a possible dip.