Cosmos breakout leading to slow buy powerful move up. Cosmos recently broke out of the triagle to the upside. It has been strong and continued movement upward by BTC or stagnation should push this higher. It broke out of the triangle with gusto and is holding about the .318 fib. Target is the green box over the next month or so.
Entry above .382 fib. Invalidated with a 4 hour close back inside the triagle.
Cosmos
ATOM/USDT in coming DaysHi every one
COSMOS / TETHERUS
the ATOM/USDT chart has some promising bullish signals! the first one is that there is a bullish pennant pattern which means after the upward break out we shall see the bullish movement to be as much as the flag pole but we must wait for the breaking of this pattern!
another signal is that there is a hidden bullish divergence which is visible on the picture! these signals make the bullish movement of the ATOM more reliable!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea .
Have a nice day and Good luck
Cosmos (ATOM) - March 23Hello?
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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We have to see if we can get support at 18.701 and ascend above 21.071 points.
If you go down at 18.701, you need a short stop loss.
However, you need to trade carefully as you can touch the uptrend line and go up.
The next volatility period is around March 30th.
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(ATOMBTC 1D chart)
3276 Satoshi-3882 We must watch for any movement that deviates from the Satoshi section.
In particular, it remains to be seen if it can rise above 3652 Satoshi.
If it falls at 3276 Satoshi, Stop Loss is needed to preserve profit and loss.
If the 3882 Satoshi-4184 Satoshi section rises and gains support, it is expected that there will be a move to break away from the downtrend line.
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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 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)
Bullish on ATOM/BTC - Hybrid Intelligence ATOM, the token of Cosmos network, has performed well this year in BTC terms.
However, after hitting a USD all-time high of $26 in February, ATOM went into a correction. And even before that ATOM/BTC was well below its August 2020 high.
We’ve asked Hybrid Intelligence the following question to check the short-term trend:
“The cryptocurrency Cosmos (ATOM/BTC) settled at 0.0003543 BTC at 10:33 AM UTC at the binance exchange on Monday, March 22. In your opinion, will ATOM/BTC trade above 0.0004252 BTC (+20.0%) at any time before April 9?”
-------------------------------------
Indicator: 78%
That’s a bullish indicator, suggesting that Hybrid Intelligence expects ATOM to increase in price in BTC terms.
$Atom looking supper bullish in following this path #atom Atom 4 hr chart looks super cool as it is following the cup currently. If the cup is followed properly the profit would be great just at the end of every cup there is a bullish handle. So you can guess how powerful this formation is for this coin.
happy trading guys.
[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.
-------------------------------------------------- -------------------------------------------
** 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)