Cosmos
Cosmos (ATOM) - November 21Hello?
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(ATOMUSD 1W Chart) - Medium to Long-Term Perspective
Above the 7.7772608-8.9843770 section: The upward trend is expected to continue
(1D chart)
Resistance section: 30.8767670-32.8272488
First support section: near the 25.0253213 point
Second support section: 17.2233938-19.1738756
We need to see if we can continue the uptrend by moving above the resistance zone.
It needs to move above the 39.8256148 point to accelerate the uptrend.
However, it must break through the resistance section formed in the section 40.6291765-42.5796583 upwards.
If it goes down, it could drop below the 25.0253213 point, so you need to trade with caution.
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(ATOMBTC 1W chart)
3152 Satoshi-3749 Satoshi or higher: Expected to continue upward trend
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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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COSMOS (ATOM) Going to Pump Soon According to the dominance of ATOM, the trendline broke to upward on September 9th 2021 and on November 17th we saw the retest. Additionally, the dominance rate is touched the bottom of the uptrend channel and there is a strong divergence in H4 and Daily timeframes.
Cosmos Daily ChartCosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain which turn this coin into lifetime investition.
Levels which I look for -> between 25 $ to 21$.
₿ ENJIN COIN 1W ₿ : 16.Nov.2021 (ENJ) #ENJIN_COIN is also reacted well to it's key support which is 2.2$ , i don't think that support will be lost easily , the next important target is 4$ ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Nov.2021
⚠️(DYOR)
₿ COSMOS 1W ₿ : 16.Nov.2021 (ATOM)Cosmos (Atom) is also in a significant static Support range in the weekly time frame, which if this support is lost, the first bearish target will be 24$ and then 17.5$ ... we have to see how it reacts.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 16.Nov.2021
⚠️(DYOR)
🔥 ATOM 2-Year Bullish Channel: One More PushOver the course of two years, ATOM has formed a massive bullish channel pattern on the chart.
With ATOM trading horizontally for 2 months now, I'm expecting the price to break out of this stalemate in the coming days/weeks. The market is relatively bullish, bot ATOM is just not seeing any of it. In my view, we're currently seeing a period of accumulation.
My longer-term target for this token is based in the yellow marked area, around the top of the channel. Depending on bullish volatility, the price can rise another 100% to 200% in the coming months.
Happy trading!
$ATOM bearish trend turning to bullish trendThere’s been a series of higher highs and higher lows indicating a reversal from the previous downtrend. As well as a series of Higher lows in the RSI, signifying building strength. Looks like it could head to $40 again in the short-term.
First post all draw, written, you name it on my iPad so let me know what you think if it turned out okay.
Here we see a great opportunity, reinforced by fundamentalsATOM is one of the greatest coins in the crypto space which did not move too much when compared with DOT or SOL.
When an asymmetrical opportunity arises I'm here to catch it :)
With the constant rise of Cosmos DeFi and many features coming to the Cosmos Hub (Interchain Accounts, Shared security, Gravity bridge, Bitcoin on Cosmos, and many more bridges to all the ecosystems) ATOM is guaranteed to perform amazingly.
One more metric used for the final 5th wave is the $ value of the ecosystem compared to Polkadot ecosystem.
Polkadot -> $85B
Cosmos -> 150B
making ATOM more valuable that DOT for 70-80%.
ATOM-USDT trading plan RSI and OBV showed good reaction to the bullish trendline. Also, the price formed a descending wedge.
A close above the red line, which is the daily pivot, and also breaking the wedge to the upside would be good signals to enter to this trade.
You can take some profit at WRH level, but I only have one TP around $55
Don't enter to a trade without having these three factors:
𝟏- 𝐄𝐧𝐭𝐫𝐲 𝐭𝐫𝐢𝐠𝐠𝐞𝐫 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐲𝐨𝐮𝐫 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲
𝟐- 𝐈𝐝𝐞𝐧𝐭𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐢𝐧𝐯𝐚𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐥𝐞𝐯𝐞𝐥 (𝐬𝐭𝐨𝐩 𝐥𝐨𝐬𝐬)
𝟑- 𝐘𝐨𝐮𝐫 𝐓𝐏(𝐬)
Cosmos (ATOM)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
**IF YOU WANT ME TO ANALLYSIS ANY OTHER CRYPTOS, PLEASE COMMENT THE NAME OF IT FOR ME**
Price rears to $38.4 as the bears lift restrictionsThe Cosmos price analysis shows that the bulls are trying to recover once again. The price has been rising and is planning to breach past the $38.4 resistance. The recent uptrend has been quite encouraging, as, during the past week, the cryptocurrency remained under the bearish shadow completely. The bullish momentum is increasing gradually, and a further improvement in the price value can be expected.