Cosmos
ATOM - showing signs of strengthATOM is the native coin of the COSMOS ecosystem. Mainly used for governance and staking, it is set to gain better value accrual this 2022. Mainly bullish on the coin due to 1) superfluid staking 2) interchain security 3) NFT marketplace 4) airdrops 5) EVMOS launch. Many of which will increase transaction count. Should value accrual be done right this time, alongside the hype with LUNA as the IBC ecosystem, we could be seeing a good increase in value. Technicals wise, we will analyze the possible move based on fibonacci pulled from the swing low in Jun 2021 and Swing high in Sept 2021. You can learn more about how to use the fibonacci retracement tool here . The recent bounce off the 0.382 fib and break of brearish trendline makes ATOM a potentially good trade
Trading plan - 3 scenarios
Very bullish -30%
Currently sitting at a price of $30 on 27/2, this would be the DCA price you have, selling at the 0.786 fib at $36 for repeated 20% gains. The fib was an old resistance which ATOM has retraced constantly from to the 0.618 levels at $30. You could then take profits at ATH at $44, wait for a retrace till $36 again to load up. Upper targets are 36, 44, 67 and 104, with the 1st week of April being the projected end of trading time frame. Levels are possibly visited once volume kicks in and IBC narrative is pushed forth. TLDR - sell on upper fibs, rebuy on fib retracements at lower levels or retest of ATH after it has been broken (some people might not get filled due to front running once ATH is broken)
Conservative bullish - 40%
Quite a normal behaviour based on the timeline of price action we see in ATOM + suspected delay of any of the above stated protocols. Here, we would expect a retracement towards $24 (retest of bearish trendline) to $26 (0.5 fib levels). DCAing at this range or slightly below 0.5 fib level would be key. Constantly selling above 0.618 fib levels ($30) could provide 16-20% gains as well, but remember to rebuy in at 0.618 levels if a new bullish trendline support is formed.. Upper targets are 36 and then ATH at 44 and then possibly 48-55 (10% rule past break of ATH, middle value between 45 and the 1.618 fib extension)
Bearish - 30%
Due to heavy bearish macrofactors. scam weekend pump, or delayed ecosystem launches, selling volume may spike and ATOM may see a retracement back to $21 (lower 0.382 fib) as stoplosses get hit and cascade of sells occur. I would then expect to see a reattempt to break out of the trendline, only to be rejected. If a breakout occurs but brearish stance remains, it would be good to add to the shorts near upper fib lines $26 (0.5 fib levels). TLDR - short on breakdown and then retest of bearish trendline, and also short on retracement to upper fibs. Lower targets are 21.7, 17.1, 16.3
Am generally more bullish due to lower selling volume as well as high selling volume bringing down price lesser. Due to volatile macroeconomics, if you are trading on platforms, be sure that it offers spot and perps like Bybit . it would be better to stay in spot rather than be trading perps/futures to prevent liquidation. Remember to set a stop loss to have a good sleep
ATOM is copying BTC but...we can observe that the priceaction has respected the blue dotted trendline for quite a while, almost a year. A rupture would almost certainly cause bleeding at least up to $11, which is quite far away. The opposite case sees the break of the high green trendline and the conquest of new peaks.
Based on what happens do your job.
COSMOS Daily TA : 03.10.22 : $ATOMLet's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.MAR.22
⚠️(DYOR)
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ATOM/USDT TA: 22.3.7ATOM in the high time frame is in a trading range with a ceiling in the range of 42.6-44.7$ and a floor in the range of 20-21.2$
It is currently moving towards support 26$, which could rise to 33$ if supported.
In case of loss of support, it can go down to the trading floor, ie the range of 21$
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 7.Mar.22
⚠️(DYOR)
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$ATOM/BTC 3D (Binance Spot) Symmetrical triangle break & retestCosmos Network has pulled back to 100EMA support, seems ready to bounce and resume bullish here!
Current Price= 0.0004900
Buy Entry= 0.0004904 - 0.0004394
Take Profit= 0.0006795 | 0.0009367 | 0.0014620
Stop Loss= 0.0003574
Risk/Reward= 1:2 | 1:4.39 | 1:9.28
Expected Profit= +46.16% | +101.48% | +214.48%
Possible Loss= -23.12%
Fib. Retracement= 0.5 | 0.883 | 1.414
Margin Leverage= 1x
Estimated Gain-time= 7 months
Website: cosmos.network
Contracts:
#Mainnet
The ATOM coin price approaches a critical level for a breakoutThe cosmos coin price saw a bullish momentum after reflecting the Doji candle in terms of the weekly price chart.
The ATOM coin price is trading above the EMA Ribbon indicator over the daily price chart, but the price is still below the crucial resistance level.
The ATOM investors may become aggressive after noticing the bullish indication of the super trend indicator over the last night. The ATOM coin has immediate resistance at $35; if bulls maintain the daily price graph above it by the end of this week, we could expect the fresh all-time high. Meanwhile, the weekly low seems to be a strong support level.
According to Fib retracement, the Cosmos coin price is struggling to close the daily price candle above the 0.50 level ($33-mark). Buyers should wait for the trend confirmation.
The EMA Ribbon indicator is moving below the daily price of the ATOM coin, which signals a bullish trend for long-term investments. Moreover, the Stoch RSI is moving higher above the 90-mark, suggesting a robust buying scenario.
Conclusion
The significant technical indicators for the Cosmos (ATOM) coin price analysis are in bullish territory. But still, the ATOM crypto price is below the crucial resistance level of $35.
Support level - $20 and $17
Resistance level - $35 and 45
$COSMOS Result : +37% ✅ #ATOMUSDTThe 2nd Target REACHED ✅
As you can see the price after reaching and returning to The Bullish Order Blocks reacted positively and increase more than 37% . the Next targets are $ 34 to $ 37 .
All the supports and resistances are marked on the chart and everything is clear in this analysis , but , just in case , if you had any questions or doubts Please feel free to ask in the Comment section .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅01.March.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Cosmos (ATOM) Renko-Chart without noise - $31.5 to watch forCosmos (ATOM) Renko-Chart without noise - $31.5 to watch for
Breaking this price level would give a clear bullish picture.
But the red price resistance channel is not broken yet.
What do you think? Do you hold ATOM? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
ATOM/USDT 30% up from our entry#ATOM/USDT
$ATOM hit entry :- $22 ✅
Now Trading at $30
So 30% up from our entry.
One more signal Rock….
Now..?
You cam book some profit here guys.
I am still expecting $40-$44
But don’t forget to book profit time to time.
Because market is very volatile.
Support:- $22
Resistance:- $44
Trading Signal For ATOMUSDT Trading Setup:
There is a Trading Signal to Buy in ATOMUSDT Cosmos
Traders can open their Buy Trades NOW
Rank : ⭐️
⬆️Buy now or Buy on 25.84
⭕️SL: Close bellow 24.12
🔵TP1 @ 30.20
🔵TP2 @ 35.68
🔵TP3 @ 43.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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