ATOM 1D A strong impulse will be soonThe previous idea published 2 months ago, worked out well directly to our target.
A low was $4.20 with the forecasted fall of ATOMUSDT from $5.70 to the range of $4.30-4.40. And this is -25%.
It's time to update the $ATOM picture and refresh our thoughts.
Now there is a consolidation before a further strong impulse.
The trading delta suggests that there is more sales in consolidation than purchase s. As a result, the ATOM price fall is more likely.
Buyers will struggle to defend $4.50-4.70 because there is no liquidity below this range to slow down the price down. If sellers break the defense, the downside impulse will be strong.
The first level from which more or less decent bounce can be expected will be $3.31.
If Bitcoin can update ATH and definitely fix there, then it could give confidence to altcoins buyers.
Then the battles between ATOM buyers and sellers will move to the zone of $6.
The winner will get everything: either a $7.30 flight or a strong and prolonged fall.
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Cosmos
Cosmos ( ATOM )/USDT Bullas are back, buying dips target 6+USDTHello,
the bulls manage to come back above 4.85 / 5.05, a zone that will technically be an important support for the moment.
Considering the positive behavior of the entire crypto market, longs on this pair have a chance of a very favorable RR.
Buying dips around 5 USDT, again around 4.85
Stop below 4.77
First target 5.65 / 75
Second target 6.20 / 30
Good luck
ATOM / BTC Main trend. U-turn zone. My trade for a yearOne of the cryptocurrencies I call it is not a scam. Found this crypto nugget a little less than a year ago. All major price movements were taken at 70-80%. This can be seen in previous trading ideas posted on this site.
Also, this coin allows you to work thanks to margin trading in two directions. Other advantages of this coin and the pair in question are ideal technical price movements. The dynamics of price movements is comparable only to Litecoin. A very technical coin. Suitable for positional trading and accumulation of a large position.
At the moment, the "head and shoulders" model has been completely worked out; the price has reached the stop level that I indicated earlier. Potential reversal area. Take your time to enter. Because now is a situation of uncertainty. Enter a trend that will develop. Better to enter the market a little later, but with more confidence. Entering now is like playing in a casino. You may or may not be guessing. But to build a chart for the future, it would be more rational for the price to rise from this zone.
If this zone is confirmed and an upward movement starts from it, then the formation of an upward channel on a global scale of the main trend with a resistance target of + 190% will be confirmed.
If this support is broken and the downtrend continues, the first potential support is 0.00025, the second is 0.0002. This is 33%. I have shown on the chart potential first moves from the reversal zone.
It should be noted that the ATOM / USD pair is now in an upward channel, and the price has corrected to support. Likewise, the reversal zone.
Previous trading on this trading pair.
ATOM / BTC Upward trend 4 months. Channel. Analogy with LTC / USD
The beginning of a trend reversal
Almost all price movement of the downtrend was taken. About 50%.
Secondary downtrend reversal zone
The beginning of a new uptrend movement
Work in a local trend from reversal zones + 68% + 68% + 48%
The levels and zones of local reversals have worked out very clearly.
ATOM / BTC Uplink. U-turn zone.
This idea described the formation of a potential right shoulder and then the "Head and Shoulders" pattern itself in cases of non-confirmation of the uptrend line support.
+ 44% - working long from the reversal zone. Formation of the right shoulder. Then work short to the support line of the local uptrend line. It breaks out, the price falls to the specified support level. Profit shorting about + 40%. Complete formation of the "Head and Shoulders" figure.
In this trading idea, I have shown my work on this coin since December 2019. This is about 11 months.
You also need to understand that price movements are taken from 60% to 80% of the reversal zones indicated on the chart.
Any theory without practice is zero! Only your knowledge, modernized for the reality of the market, in practice can give a significant result in your work.
ATOM strong bullish divergencePlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
Also make sure to leave a like as it helps me out a lot!
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- Bottomed out
- First support from late june
- Strong bullish divergence
- MACD green candles
ATOM perfect setup for 100% gainsCosmos (ATOM) chart looks perfect for a big move. Cosmos has a total of 71.41% coins locked in staking, makes the circulation supply very low on exchanges. ATOM team is doing a lot of developments and there are a few good news lined up. We will see a good bounce in ATOM.
Buy Range: 2950-3010
Target: 3250-3570-3860-4140-4570-4940-5400
✳️Cosmos/USDT (1/11) #ATOM $ATOM #ATOMUSDTATOM is at the support zone 4.5-4.6$, this is the area that has stabilized ATOM price since September. And we should buy in this zone because the risk is very low and the return could be 50% or more. If ATOM loses this zone, it will fall to 2.7-2.8$ in this November.
📈BUY- LONG Strategy
- Buy: 4.5-4.6$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 6.1-6.2$. Stoploss if A
- Sell: 7.4-7.5$. Stoploss if A
- Sell: 9-9.1$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 4.5-4.6$ if B. Stoploss if A
- Buy: 2.7-2.8$. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
#ATOMUSD Mid Term Hold Idea!Cosmos is a network comprised of many independent blockchains, all of which use byzantine fault tolerant (BFT) consensus algorithms. Cosmos enables developers to build both permissionless and permissioned blockchains. The network launched with the release of its first blockchain, the Cosmos Hub, in 2019.
-Looking for ATOM to have a nice run into 2021...
-Crypto is about make many people financially free, Bitcoin Dominance hints that we are entering a wicked Altcoin Season. Many Medium Cap coins could see substantial gains (3x-10x) in the next 3 months...
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Cosmos ATOMUSDT - Breakout out of the triangle + bull flag- Cosmos is breaking out of the symmetrical triangle on the Daily chart
- Got rejected by the long-term white trend line
- I am expecting higher prices as soon as we break the bullish pennant
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Strongly Considering a Cosmos (ATOM) Buy | ATOM/BTCFrom a technical analysis perspective alone, Cosmos (ATOM) is grabbing my attention. That said, as an investor who values long-term growth over short-term trades, technical analysis alone doesn't cut it. I'll be conducting a round of fundamental analysis on Cosmos to determine whether or not it deserves a place in my portfolio in the coming months.
As you can see, ATOM has made two very strong moves against Bitcoin in the last year and a half, gaining 265% in the first move and 200% in the second move. Depending on how fast it occurs, a similar move would result in a 190% gain for ATOM.
What I'd like to see before making a purchase is a strong, weekly green candle or a double bottom on the support trendline, follwoed by a strong weekly candle. These strong moves against Bitcoin show a lack of correlation with Bitcoin, which makes this an even more attractive altcoin asset. (Diversifying with uncorrelated assets is key to portfolio stability).
For me, executing this purchase is pending a strong weekly candle (or other strong sign of reversal) as well as a thorough investigation of Cosmos from a fundamental standpoint.
I'll be posting my fundamental analysis in the CryptoSlackers group chat (head over to cryptoslackers.com to join for free), as well as on the CryptoSlackers YouTube channel.
#ATOM #COSMOS #ATOMBTC
LONG DOS - bullish divergencesLONG DOS - bullish divergences with accumulation on volume profile. the volume is coming in but the price is no longer falling. - DOS Network is a chain-agnostic layer 2 decentralized oracle network that offers real-time data feeds and verifiable computation power to mainstream blockchains. It connects on-chain smart contracts and Ðapps with off-chain data sources and unlimited computation power, enabling smart contracts with more real-world use cases.