ATOM is About to Start an Explosive Uptrend | ATOM/USDT Analysis💎ATOM/USDT is painting an optimistic landscape in the 1D Timeframe. A standout observation is its strategic positioning within a pivotal demand zone.
💎 There's a distinct OB and market imbalance around the $11 price point. Given the current dynamics, there's a strong inclination that ATOM might re-engage with this level soon.
💎 In the recent past, we've witnessed a transformation where demand has transitioned into supply, with ATOM carving out Equal Lows.
💎 While the overarching sentiment and indicators lean towards a positive trajectory for ATOM, the broader market's volatility remains a wildcard. It's essential to factor in this unpredictability as it could sway the outcome.
💎 Stay vigilant, and always look for real-time market shifts. The world of crypto is ever-evolving, and staying informed is the key to navigating it successfully.
Cosmos
ATOM Looks Bullish!!Long Entry Trigger
Cosmos Has found support above a pivot low and has also swept those lows.
Buying pressure seems to have come in and it's now consolidating above support.
The most probable outcome is that the price moves a little higher from here.
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ATOM/USDT looking bullish? 👀 🚀Cosmos Today AnalysisParadisers, turn your attention to Atom! It's poised for a bullish ascent, currently residing in a demand zone and having recently addressed the OB level👀
💎 A notable shift from demand to supply has been observed, propelling the price on a downward trajectory, leaving behind a clear imbalance and a bearish OB. Given the liquidity, it's anticipated that the price will revisit this level soon.
💎 Additionally, Atom is on the brink of crossing over the EMA 55. Should it sustain its momentum above this EMA, we could witness a substantial bullish surge.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
ATOM LOOKS BULLISH (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ATOM symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Cosmos (ATOM) formed bullish Gartley for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin with US Dollar pair.
Recently we caught more than 13% pump of ATOM as below:
Now on a 4-hr frame, ATOM has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
TRADE ALERT - LONG ATOMTraders,
Atom dropped from it’s ascending channel and soon afterwards found strong support at the top of the triangle for a classic retest of previous resisntance/now support. A break below this and we should be looking for exit points. I have set mine at approx. $8.50. Target is the June 4th body high at around $10.75
Position = ATOM
Direction = long
Entry = 9.28
Stop Loss = approx. $8.50
Take Profit(s) = 10.75+
Risk/Reward = 2/1
Leverage = NONE
Profit Potential = 16%+
Stew
ATOM Cosmos and the Altcoin Season ThesisThe recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ATOM Cosmos, for which my price target is $11.15.
Looking forward to read your opinion about it!
Cosmos: Roll up your sleeves… 👏… and get to work! From the low of wave ii in magenta, Cosmos has already started a strong upwards movement, but there is still much to be done. We expect the altcoin to make it above the resistance at $15.81 to complete wave iii in magenta, whose top should be developed around $25. However, there is a 42% chance that Cosmos could lose its strength and drop below the support at $5.54 instead. In that case, we would reckon with the new low of wave alt.II in white first before a sustainable ascent can begin.
The key is whether it can rise with support from 9.603-9.999Hello?
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(ATOMUSDT chart)
Looking at the 1D chart,
A rise above 9.603 indicates that the CCI indicator has exited the oversold zone.
Accordingly, the key is whether it can rise with support around 9.603-9.999.
If it rises above 9.999,
1st: 11.992-12.881
2nd: 14.319-15.083
Split selling is possible when resistance is received in the first and second sections above.
However, it is expected that a full-fledged upward trend will begin only when it rises above 14.319.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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ATOMUSD Channel Down bottom rebound with immediate target $10.Cosmos / ATOMUSD is rebounding after almost reaching the bottom of the long term Channel Up.
This rebound is being fuelled by an enormously oversold 1day RSI.
Buy and target the 1day MA50 and dashed trendline at 10.00 short term.
If the price closes over Resistance A (11.00), buy again and target Resistance B (13.00) on the medium term.
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ATOM Cosmos Bearish Pennant PatternIn its recent case against Binance, the SEC introduced 10 cryptocurrencies into the securities classification: BNB (BNB), Binance USD (BUSD), Solana (SOL), Cardano (ADA), Polygon (MATIC), Cosmos (ATOM), The Sandbox (SAND), Decentraland (MANA), Axie Infinity (AXS) and COTI (COTI).
A bearish pennant is a technical chart pattern that typically occurs during a downward trend in a financial market. It is characterized by a small symmetrical triangle formation, with converging trendlines that resemble a pennant shape. This pattern suggests a temporary pause or consolidation in the price movement before a potential continuation of the downtrend.
When a bearish pennant pattern breaks down, it means that the price has moved below the lower trendline, signaling a potential resumption of the downtrend. This breakdown is considered a bearish signal and may indicate further downward price movement in the near term.
Traders and investors often monitor bearish pennants and their breakdowns as potential opportunities to initiate or add to short positions or to manage existing bearish trades.
My price Target for ATOM is $5.60.
Looking forward to read your opinion about it.
atomusdt (cosmos) are you rdy?🧨😉Atom currency
From the volume point of view, the price to volume ratio is low, the purchase volume is high, so it can be said that the banks are making high purchases, but from the point of view of the bank price, it has not yet reached the desired price of the banks.
The price of banks to buy this currency is 18% lower than the current price.
So what we are seeing is that the price should first see $8.577, then the best entry target to enter this currency is this price so that we are ready for the upward targets.
The first target is $14,660 and the second target is $16,793