Cosmos
[40%] ATOM / USDTWhat Is Cosmos (ATOM) ?
In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.
The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.
Cosmos’ origins can be dated back to 2014, when Tendermint, a core contributor to the network, was founded. In 2016, a white paper for Cosmos was published — and a token sale was held the following year. ATOM tokens are earned through a hybrid proof-of-stake algorithm, and they help to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency also has a role in the network’s governance.
ATOMic bomb! 3Will 3rd time be the charm? Looks like COSMOS could finally break up. The breakout would mean a chance for run to 31.3. SL is last local low. Target is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL). Invalidated when SL level hit (even if BUY STOP-LIMIT not filled before). RRR 4.2.
Atom about to explode !!!*Atom update
*we had buy signal on Atom yesterday
*on 4h frame; we are above resistance levels and try to get position above 200 ma ( it will be very bullish with confirmation)
*on daily time frame ; atom just passed decending trend line
*this movement will go quickly to fibo 0.681 at $22 giving %10 profit
keep hold Atom
Please read this first !
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Regards
Cosmos (ATOM) - March 16Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
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You should watch for any movement that deviates from the 16.902-21.071 section.
If it falls between 15.512-16.902, a short stop loss is required.
However, it may rise along the uptrend line, so careful trading is necessary.
If it is supported at 21.071, it is expected to rise above 25.240 points along the uptrend line.
To do this, the transaction volume must increase.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Atom UpdateAtom has been struggling to break the 21.430 resistance, testing it several times since February 12th with no meaningful breakthroughs. For now, it's respecting the lower long-term channel.
I'm no expert, but it looks like something dramatic is about to happen.
Disclaimer: I have a dangerous emotional attachment to this coin, so please tell me if I'm deluding myself!
ATOM Wedge getting close to the upsideCosmos looks like it is starting to dance with either a breakout or a bust over the next day or so.
Much is tied to the fate of BTC, for which BTC could easily take ATOM downward in this wedge, but if BTC continues its move upward, it has the potential to take ATOM with it.
$ATOM - bullish FA and TA = percentageFA:
The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.
A major concern for some in the crypto industry centers on the levels of fragmentation seen in blockchain networks. There are hundreds in existence, but very few of them can communicate with each other. Cosmos aims to turn this on its head by making this possible.
Cosmos is described as “Blockchain 3.0” — and as we mentioned earlier, a big goal is ensuring that its infrastructure is straightforward to use. To this end, the Cosmos software development kit focuses on modularity. This allows a network to be easily built using chunks of code that already exist. Long-term, it’s hoped that complex applications will be straightforward to construct as a result.
TA:
Bullish breakoutof a 43% correction phase from wick to wick
In from bids on that bottom blue zone, looking to scale more in on the retest of the blue line after a rejection from 0.618/0.65 fib
Targets of the 1.0 fib initially then higher levels depending on market strength as of course the play does depends on BTC!
ATOMic bomb!Looks like COSMOS could break up. The breakout would mean a chance for run to 31. SL is last local low. Target is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL). Actually TP is bit lower, as 31 is round number. Invalidated when SL level hit (even if BUY STOP-LIMIT not filled before). RRR 8.3.
Cosmos (ATOM) - March 3Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We need to see if we can get support at 18.701 and move above the 21.071 point along the uptrend line.
If it falls, you need to make sure you get support in the 15.512-16.902 range.
If it falls at 18.701, it is likely to turn into a short-term downtrend and requires careful trading.
If it declines at 12.733, you need a Stop Loss to preserve profit or loss.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)