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Cosmos

Cosmos Hub (ATOM) - June 15hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ATOMUSDT 1W Chart) Below 7.62 is likely to be a mid- to long-term investment area. Therefore, the key issue is whether it can rise above 7.62 and find support. (1D chart) In the short and medium term, it needs to move above 10.32 and find support to turn into an uptrend. However, careful trading is required as it is expected that the uptrend will continue only when it rises above the uptrend line. Accordingly, it should rise above 17.65. The volume profile section is formed below 4.68. This volume profile section is the source of strength that supports the ATOM coin, so I think that it is a price range that can be purchased by those who want to invest in the medium to long term. However, since the coin market is unstable, it is recommended to check the sideways movement. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. 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.) ---------------------------------
by readCrypto
ATOMUSD Divergence on RSI but trade on confirmation*** *** For this particular analysis on COSMOS we are using the ATOMUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Cosmos has been trading under a Lower Highs trend-line since April 03 2022 and the 1D MA50 (blue trend-line) since April 06. The trend remains bearish towards the next Fibonacci levels (2.5 at 6.163 and 3.0 at 4.146) unless the price breaks above the 1D MA50. With the 1D RSI on Higher Lows while the price has been on Lower Lows, i.e. on a Bullish Divergence, it might be the time for that bullish break-out above the 1D MA50, being a similar structure as Nov 20 - Dec 20 2021. In the event of a 1D candle close above the 1D MA50, ATOM should target on the medium-term the 1D MA200 (orange trend-line) which right now sits exactly on the Lower Highs trend-line (dashed line) of the January 17 2022 High. A closing above the 1D MA200 would set the price on long-term bullish territory again. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
3
ATOM/USDT Secondary trend. Medium-term work. Important zoneMain trend—is in a pronounced uptrend (uptrend channel with a large % step). Secondary trend—a pronounced downtrend (purple), the last wave inside the channel. At this point there is an important zone, on which the further price direction trend depends. Everything is shown very accurately (potentially accurately), as in the previous trading idea for this trading pair. ATOM / USD Main trend. A cup. Triangle. 18 This coin on the coinmarketcap: Cosmos Schematically shown on the chart. The formation of a large bullish triangle (the final part) in case of a breakdown of the downtrend (+70% to resistance) and then in case of its breakdown of resistance and the breakout (could also go down from resistance—then it would be a triple top) to the fantastic channel targets. The targets to the main zones were shown on the chart. After all the “tambourine songs” at or near the top of this uptrend—a break-down. Formation of a big “Head and Shoulders”. Targets on the major zones shown on the chart. Main Trend. ATOM/USDT Main Trend. Channel. The important zone. Large scale trading situation now. The foundation of your trading is your trading strategy and risk management based on your experience. Don't try to guess what you don't understand. Don't inherit the majority of participants—market kamikazes (giving back). Try to evolve and toil, gaining relevant experience in what you didn't initially understand. Slowly but surely become better day by day than you were yesterday, leaving behind the “experts” and anonymous “I know for sure” screamers .
by SpartaBTC
2
ATOM/USD 1D. The situation right now on the coin.#ATOM/USD 1D Binance. Updated the coin idea. I made a "global" analysis and described the situation for you. Now I will describe it in text here. Pay attention to the interesting name of the coin - COSMOS (ATOM) . Here is an analogy similar to Terra (Luna). I think everything is clear here. The cosmos is big, the Atom is small (the particle that makes up the Cosmos and our material world as a whole). Hyperlink left the project page in CoinMarketCap. This coin has been in accumulation since 2019 (history from the Binance exchange chart). Accumulation ~ 2 years. After accumulation, an impulse occurred, the distribution began exactly near the accumulation goal (the average distribution price is the exact accumulation goal). Showed on the graph. Also note how clearly the price "respected" (that is, reacted) to this level afterwards (a clear retest when breaking the distribution). I also painted it on the chart. After leaving the accumulation, a large horizontal channel began to form (shown on the chart). Similar to Bitcoin (consolidation/sideways with lower and upper boundaries). After the distribution in this horizontal channel (shown on the chart - Distribution), the price has clearly reached the goal of this distribution (also displayed on the chart). An ascending triangle (rising lows and a flat top) was also formed in this large channel, which was subsequently broken down. If this triangle works out, its goals are shown on the chart. It is also worth noting that from the minimums of the accumulation, an upward trendline (purple) began to form, which was very jewelerishly broken down just when leaving the accumulation. There was a retest of this trendline. All this is shown on the chart. After the breakout and retest of the ascending trendline from the bottom up, a descending trend of the secondary trend began to form (red on the chart, also designated it - the secondary trend line). If there is a breakdown of this trend - a reversal of the secondary trend to an upward one (breakout + the proof of breakout / retest). Now the price is consolidating in a small range at the lower border of the large horizontal channel (possibly a repeat as in the summer of 2021). Pay attention to this point on the chart. The price from the average values of a large accumulation is still at a good profit (now 155% as shown). That is, those who have accumulated are still in the black. Therefore, there is still a place to sell. Also note that the volume gradually began to appear. And what this volume was at the peak of the fall (capitulation). Potential levels from below as well as from above are shown on the chart.
BINANCE:ATOMUSD
by TradingTsar
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *With 137 million votes to go and 5 days left, the governance proposal to fork Terra into a new chain without UST is at 64% in favor; it just needs to be at 50% or above in 5 days for the network to launch on May 27th.* Recommended ratio: 3% LUNA, 97% cash. Price remains hovering at fractions of a cent as the vote on whether or not to hardfork the Terra chain goes on for five more days; the 50 MA is about to form a Death Cross on the 200 MA at $69 for the first time since June 2021. Volume remains very high and has been shrinking for five consecutive sessions now, and has favored sellers for six. Parabolic SAR flips bullish at $13.23 resistance. RSI remains flatlined at 14.25 for what is about to be ten consecutive sessions. Stochastic also remains flatlined at max bottom for ten consecutive sessions. MACD remains bearish and is trending up slightly at -23 as it is on the verge of a bullish crossover at -21.35; this will be one to watch leading up to the end of voting. ADX continues trending up slightly at 54 in search of a peak as Price continues to hover close to 0, this is mildly bearish; if it is able to form a peak as Price grows, this would be mildly bullish. If Price is able to breakout above $0.01, the next likely target is a test of $0.27. However, if Price continues to see selling pressure, it will continue to hover in volatility under $0.001. Mental Stop Loss: (two closes above) $0.01. **There is an argument to be made about the reduced 100m supply of new LUNA being a bullish catalyst for its Price and it very well could, but this argument assumes that the remaining 137 million votes don't go to 'No with Veto' or 'Abstain'.**
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by dailytaguy
12
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *With 17 hours left for the Terra community to vote on whether or not to fork a new chain, 66% remain in favor which all but guarantees that the current chain will become LUNC and the new chain (without UST) will be LUNA on May 26th EST (May 27th SGT). As it currently stands there is still almost no value proposition for buying LUNA before 03:59:51 PM EST (UTC-4) on May 26th (03:59:51 AM SGT (UTC+8) on May 27th) unless you believe that the current LUNA is salvageable and that LUNC will undergo a massive burn along with getting rid of or fixing the UST peg. For long term investors who believe both LUNC and LUNA will have future value similarly to ETC and ETH, this would be a reasonable time to buy a few LUNA.* Recommended ratio: 1% LUNA, 99% cash. Price remains trading under $0.001 cent and will likely continue to do so leading up to the fork on May 26th EST. Volume has been shrinking but remains moderately high and has favored sellers in eight of the past 10 sessions. Parabolic SAR flips bullish at $7.14, this margin is bullish. RSI remains flatlined at 14.25 for a fourteenth consecutive session. Stochastic also remains flatlined (at max bottom) for a fourteenth consecutive session. MACD remains bullish after crossing over in yesterday's session, showing that there is at least some buying interest (probably those who bought to burn). ADX remains trending up slightly at 61 as Price continues to see selling pressure keeping it below $0.001 cent. If Price is able to breakout above $0.01 cent (only way possible is with a massive burn accompanied by buyer interest), then the next likely target is a test of $0.27 cents. The only other option is for it to range here between $0.00016 and $0.00 before it undergoes the rebranding (LUNC). Mental Stop Loss: (two consecutive closes above) $0.01 cent.
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by dailytaguy
KAVA/USD Daily Cautiously BullishKAVA/USD Daily cautiously bullish. *Since 05/12/22 KAVA/USD has gone up 116% so a little bit of resistance here at the top of the descending channel is to be expected.* Recommended ratio: 65% KAVA, 35% cash. Price is currently testing $2.72 resistance and is on the verge of testing the upper trendline of the descending channel from August 2021 at ~$2.95 as resistance. Volume remains very high after printing a record high on 05/12/22 and has been fairly balanced between buyers and sellers over the past week. Parabolic SAR flips bearish at $1.50, this margin is mildly bearish. RSI is currently trending up slightly at 45 after finally breaking out above 38.31 resistance (It had been testing it since 05/15/22); the next resistance is the uptrend line from December 2021 at ~53 (which could potentially coincide with 56.84 resistance). Stochastic currently remains bullish at 99 after going nearly straight up from max bottom on 05/12/22; it's on the verge of testing max top where it can coast in the "autobahn zone" for a while. MACD crossed over bullish in yesterday's session and is currently testing -0.44 resistance; if it can break above it then the next resistance would be at -0.18. ADX is currently trending down at 28 as Price continues to go up, this is mildly bearish; if ADX can bounce here as Price continues to rise then it would help confirm that this is a reversal and not a retracement. If Price is able to break out above the upper trendline of the descending channel from August 2021 (~$2.95) then the next likely target would be a test of $3.31 resistance. However, if Price is rejected here (at either $2.72 resistance or the upper trendline of the descending channel), it will likely test the $2 level as support and may fall as low as the lower trendline of the descending channel at ~$1. Mental Stop Loss: (one close below) $2.19.
KRAKEN:KAVAUSD
by dailytaguy
Cosmos a.k.a. ATOM - 1 Month Ahead Trading Idea - 21 May 2022COINBASE:ATOMUSD in the past 50 days made a big decline of over 75% and its a good moment for accumulation in the short-medium term time frame. Good news coming out for the ATOM ecosystem and a potential upside of 100% is very likely to happen even in 1 month period. What is the supported thesis technically for the expected scenario on ATOM? - There are big liquidation holes to be filled upside and the first strong resistance is at $22.00 per coin - The MACD indicator hits low points and soon will start its explosive on the upside - Wedge concentrate price action and soon will break out with huge price action - Breaking of downside dynamic trendline should be a reality in the beginning of June If you have any questions related to this trading idea I will be happy to provide you with answers.
KRAKEN:ATOMUSDLong
by TradingTie
1
COSMOS-Bull trend with a pauseHello everyone As you can see ATOMUSDT did pretty good in the last 2 days and made a bull channel for us. In 4 hours chart we have a good amount of buy volume on 11.5$, 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
by HubAlgo
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *Congressional Research Service posted a short report on the LUNA:UST peg collapse and covers mostly everything aside from the bad actors who exploited this vulnerability. They also make mention of rumors that LFG didn't sell their reserves to protect the peg, which one can see on LFG's reserves dashboard are false.* Recommended ratio: 6% LUNA, 94% cash. Price remains trending sideways under $0.00020 as the Terra governance community will decide on whether or not to fork tomorrow. Volume has waned but remains very high and is on track to favor sellers for three consecutive sessions if it can close today in the red. Parabolic SAR flips bullish at $24.30, this margin is bullish. RSI remains flatlining at the ATL of 14.25 for a sixth consecutive session. Stochastic also remains flatlining at max bottom for a sixth consecutive session. MACD remains bearish and is still trending sideways at the ATL (-24.65) established in yesterday's session, if it can get above -20 it would be a bullish crossover. ADX continues to trend up at 47 as Price continues to see choppy trading at fractions of a cent, this is bearish. If Price is able to get back above $0.01 then the next likely target is a test of $0.27. However, the alternative would be continued chop at fractions of a cent; which is a modest sign of consolidation. Mental Stop Loss: (two consecutive closes above) $0.01. **Anybody trading LUNA should be prepared for more volatility leading up to tomorrow's vote.** ***Anybody investing in LUNA should have a time horizon of 1 year or more and will need to wait for tomorrow's vote for more clarity regarding Luna's future.***
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by dailytaguy
2
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *Do Kwon published Recovery Plan Part 2 today and if the proposal is passed on 05/18, a hard fork will commence on 05/27 and Luna as we know it will be forked into Luna Classic and Luna (similar to what happened in 2016 with the Ethereum DAO hack that led to the Ethereum Classic and Ethereum fork)*. Recommended ratio: 6% LUNA, 94% cash . Price is currently still experiencing extreme volatility at fractions of a cent and will likely continue to do so even with the news of the updated proposal because it is a highly divisive proposal in its current state which creates a lot of uncertainty still on whether or not the proposal will pass on 05/18. Volume continues to be very high and is on track to favor sellers for the second consecutive session if it closes today in the red (there was even a slight uptick of selling after the updated proposal was released). Parabolic SAR flips bullish at $30.38 minor resistance, this margin is bullish. RSI continues to trend sideways in a flatline at the ATL of 14.25 for what is now a six session streak. Stochastic is also on a six session streak of trending sideways in a flatline at max bottom. MACD remains bearish and continues to be forming a trough, it has maintained yesterday's new ATL at -24.65 and would need to reach -18.21 for a bullish crossover; this is bullish. ADX continues to trend up slightly at 45 as Price continues to trend close to 0; if it forms a Peak it would be mildly bullish and if it were to continue up it would remain bearish. Considering there is very little Price history as these levels, if Price is able to get above $0.01, the next likely target is a test of $0.027 resistance. The other scenario is that it remains bearish and trending close to 0 until an agreeable recovery plan is decided. Mental Stop Loss: (one close above) $0.01. **The proposed hard fork is creating a lot of division within the community regarding the priority of who should be compensated for their losses in addition to whether or not a fork should happen at all... due to this, a lot of volatility is to be expected in the coming days as the picture becomes clearer as to the future of the Terra ecosystem**
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by dailytaguy
5
LUNA/BUSD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. LUNA currently having a Scarface moment, "You think you can kill me with bullets?". The Revival Plan posted by Do Kwon with help from the Lunatic community shows that perhaps there is enough support to have Luna rise from the ashes, but whether or not it ever reaches its previous ATH at $120 without removing or significantly modifying the UST:LUNA peg aspect of Terra is TBD. Recommended ratio: 5% LUNA, 95% cash. Price is currently trading for fractions of a cent ($0.00025748) just above max bottom as it has become a "meme coin" that some investors are betting big on recovering. Volume remains extremely high and is becoming more fairly balanced between buyers and sellers as it is attempting establish a new base. Parabolic SAR flips bullish at 30, this margin is bullish. RSI remains flat lining at the ATL of 14.25 for the fifth consecutive session. Stochastic also remains flat lining at max bottom. MACD is currently printing a new ATL at -24.65 and is beginning to form a trough; this is mildly bullish at the moment, though it would need to break out above -18 for a bullish crossover. ADX is currently trending up at 45 as Price remains near 0; this is bearish. If Price is able to break out above $0.01, then the next resistance is at $0.27. However, if Price stays below $0.01, it can trade down here for a while until LFG figures out the best way forward. Mental Stop Loss: (two closes above) $0.01. *I'm using BUSD because the chart I had been doing LUNA/USD TA on was broken when Binance delisted that pair* **You should only invest what you are prepared to lose into LUNA at the moment because it is currently still unclear how they plan to move forward**
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by dailytaguy
LUNA/USD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. * WARNING: If LFG is unable to reestablish the LUNA:UST peg, they may be forced to close down operations -- this would lead to an inevitable delisting of LUNA on all exchanges. * *LUNA is quickly making its way to as close to 0 as possible as it continues to be minted in attempt to salvage the UST peg*. Due to LUNA having fractions of a cent to move further down, I am sticking with my recommended ratio of: 5% LUNA, 95% cash ; however, for the bold believers (lunatics), this is perhaps a once in a lifetime opportunity to scoop up some LUNA (very low risk/very high reward - $50 USD would get you about 20k LUNA right now, and if LUNA were to return to even 1% of its ATH that $50 would be worth about $25,000). Given the circumstances, Volume hit a new ATH today and is now on track to favor sellers for 8 consecutive sessions. Parabolic SAR flips bullish at $64.14, this margin is very bullish. RSI is currently trending sideways along the ATL at 14.44 for the second consecutive session. Stochastic remains bearish and is currently trending sideways along max bottom in the bearish autobahn for a third consecutive session. MACD remains bearish and is currently forming a new ATL at -19.47 with no signs of trough formation. ADX is currently trending up at 32 as Price continues to fall closer to 0, this is bearish. If Price is able to find some kind of support here near 0, then it will likely bounce to test the previous ATL at $0.10 as resistance before potentially testing $4.67 resistance (this is almost entirely dependent on UST reestablishing the 1:$1 peg with LUNA). However, if the peg is unable to be reestablished I imagine that LFG will be forced to close operations (Do Kwon has alluded to this in the past) and LUNA will become defunct. Mental Stop Loss: (two consecutive closes above) $4.67. **Traders entering this position should be prepared to lose their entire investment**
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by dailytaguy