ATOM: Channel UpTrade setup : Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Stop Loss (SL) at $9.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00, then $15.40.
Cosmos
ATOM: Channel UpTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside potential to $13.00. Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Stop Loss (SL) at $9.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00.
ATOM: Channel UpTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside potential to $13.00. Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Stop Loss (SL) at $9.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00.
Cosmos To the Cosmos? Bullish Play on ATOMFirst Resistance Zone - $8.70 - $10.05
Target 1: $10.05
Target 2 - Resistance
Heavy Resistance level (Previous top) - $14.15
Absolutely love this project - Solid fundamentals, Founding in 2014 (Crypto Og's) And targeting some of the prime problems in the ecosystem.
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.
Cosmos is looking greatCosmos (ATOM) is positioned for a great move. This is a 3W chart so it will take several months to play out. I'm accumulating below $10.50 preferably any dips to 9.50-9.90 range. My first target is $20 and my second target is $32 dollars. This is not a financial advice please DYOR.
ATOM: Channel UpTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside potential to $13.00. Price is trading in a Channel Up pattern.
Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00.
Cosmos Hub (ATOM) Poised For Continual Growth
ATOM, despite its correlation with Bitcoin, recorded a 35% rise in December, hitting a local ATH at $12.4. With its yearly high still distant at $17, the cryptocurrency retains considerable growth potential.
ATOM is presently hovering near the selling zone of $11.67-$12.40. Its growth is currently prioritized as buyers demonstrate resilience despite Bitcoin's correction. The next milestone for buyers is set at the $13 level.
Should a local correction occur, ATOM might retreat to the buyer's zones of $10.5-$11, $9.5-$10, and potentially down to $8.81. A drop below this final threshold could indicate a shift to a medium-term bearish trend, with the possibility of further declines.
ATOMUSDT Idea - COSMOS vs TETHERHey Traders.. No Comment!!
BINANCE:ATOMUSDT BINANCE:ATOMUSD COINBASE:ATOMUSD
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
🌌 Cosmos (ATOM) Analysis: A Complex Journey Unfolding! 🚀The chart analysis of Atom, or Cosmos, presents a visually intricate scenario. On the daily chart, we've recently witnessed the completion of Wave 2. This structurally aligns with a larger 1, 2, 3, 4, 5 wave pattern. This, in turn, is part of a broader five-wave structure. Currently, Cosmos doesn't seem to offer an opportune entry point. I anticipate Atom to complete Wave 3, reaching approximately $13.50, and subsequently forming Wave 4. Once weakness appears in Wave 3, signaling a potential Wave 4, I'll issue a limit order. As of now, entering this trade doesn't seem favorable due to elevated risk. Stay tuned for potential entry opportunities. 🌌🚀
ATOM: Channel UpTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside potential to $13.00. Price is trading in < a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00.
ATOM: Resistance BreakoutTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside to $13.00. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $8.50 (previous resistance), then $7.50. The nearest Resistance Zone is $10.00, which it broke, then $13.00.
ATOM: Approaching ResistanceCosmos (ATOM) technical analysis:
Trade setup : Price broke above the 200-day moving average and $8.50 key level, which confirmed an Uptrend, and reached our target of $10.00. Now we wait for price to either 1) break above $10.00 to signal continuation of an Uptrend with upside to $13.00, or 2) pull back near $8.50 support, which could be an attractive swing trade entry in Uptrend with upside potential back to $10.00.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $8.50 (previous resistance), then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
One other move to high-leveh (ATOM)❤️❤️Thanks for boosting 🚀 and supporting us!
📈Breaked trendline and wait to pollback to breakeven zone for start new leg for new high-price.
📊 (Buy) : 9.74
🔴 Stop Loss : 9.32
🎯 Take Profit : 10.18 - 10.53 - 11.18
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👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencies.
ATOM: Approaching ResistanceCosmos (ATOM) technical analysis:
Trade setup : Price broke above the 200-day moving average and $8.50 key level, which confirmed an Uptrend, and reached our target of $10.00. Now we wait for price to either
1) break above $10.00 to signal continuation of an Uptrend with upside to $13.00, or
2) pull back near $8.50 support, which could be an attractive swing trade entry in Uptrend with upside potential back to $10.00.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $8.50 (previous resistance), then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
Cosmos Simple Trade- Everything is in graph.
- Atom stayed strong in this bear market.
- Here we stat in cryptos, everything can go fast up and down very fast also.
- Adapt your strategy accordingly.
- Follow TheKing movements.
- Invest what you don't need for living.
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Trade Setup
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- Buy Breakout : 14$+
- Buy Retracement : 10$ish ( 25% of your invest )
- Buy Bottom : 5$ish ( add 75% more invest )
TP : Before 20$
- SL : 4$
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- Stay Safe
- Happy Tr4Ding !
ATOMUSD 83% profit projectionCosmos already broke the channel down pattern. Our bullish target around 15.332 at resistance level with 83% profit projection.
We also have support level at 5.572 (-87% from ATH), if bullish fails, prepare to buy back at this support with 177% profit projection.
If you have any questions about this analysis, do not hesitate to contact me.
Happy trading