SUI: Project that will earn millionsL1 blockchain in the Move language, offering a large number of innovations: removal of information from the network, single liquidity within the blockchain. The project was released on May 3 and trading on exchanges began the same day.
The nearest competitor Sui is the project Aptos, similar between themselves in many parameters, these projects in the future probably will create their own ecosystem on the model of Ethereum and Cosmos. At the moment, these two projects can be called the gems of the L1 solutions market. Speaking about the gems, read this article to the end and find most profitable ones.
Project metrics
SUI price: $ 1.18
Circulating supply: 528 273 SUI
Total supply: 10 000 000 SUI (5.28%)
Market capitalization: $620 mln
FDV (Total supply X SUI price): $11.7 bln
Given the stage of the Sui project, the most relevant metric in terms of competitive analysis, is FDV. SUI's FDV currently outperforms Matic, its closest competitor Aptos, Near and Solana. Based on this metric, we can say that right now the price for an SUI token is overheated relative to the overall market and the project currently has no fundamentals to justify such a price. Over time, unlocking the tokens should reduce the price and make it more fundamentally sound. We are much more interested in what to expect from SUI in the future, for which we will use the price dynamics of Aptos.
What to expect from SUI in the future?
In a month, SUI will fall to the level of $0.6-$0.7, which will make the overall FDV of SUI the most market balanced in relation to the state of the project
Given the high market momentum over the last 4 months, SUI will actively trade in the price range, gradually eliminating margin players on both sides
In ~60-70 days after entering the price range, only strong hands will remain in SUI who are interested in supporting and growing the ecosystem
This cohort of investors will be the driver for TVL growth, ecosystem booster and new promising projects
New projects will attract the mass investor who will start buying up SUIs and using their onchain to maximize profits
A game of burning chairs will begin, during which those users who came to the project early will earn the most
What to do now?
Wait for a local drop of SUI, who wants to open a short trade
Gain positions in the pro-trading range
Use your SUI in the ecosystem, or increase the position if you trade on the futures (Do not forget about risk management!)
Thanks for reading! We are waiting for your rockets and comments
Cosmos
COSMOS #Intraday longThe accumulation of large cluster volumes in this consolidation, in the next test of the zone 11, there is a chance to go higher and break up. What will coincide with the breakdown of the downtrend (the book writes it is necessary to take).
I will buy at breakdown, stops will probably be removed under 10.5 and the more distant one under 10.2. Target according to the marking levels.
Support for the author of the subscription ✅ and rocket start 🚀.
Good luck and profit to all.
Cosmos ATOM price behaves "out of the box" are you expecting 🚀?First, let's look at the global chart of ATOMUSDT trading history
As you can see, the price entered the medium- and long-term buying zone six months ago.
It was followed by a good 80% increase in the price of ATOM, and for the past few months, it has been consolidating around the important $10.65 level.
In recent days, the ATOMUSD price has been quite well bought back and has not fallen down after BTC.
Even if we assume that the consolidation of the Cosmos token price will continue for several months (white scenario), there is still a +30% growth potential within the consolidation.
The critical level from above is $14.50
If buyers manage to break through and gain a foothold above $14.50, there will be space for growth to $20
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ATOM next support zonesThe ATOM chart appears to be relatively straightforward at the moment. If it breaks the $10 support level, we can anticipate a potential decline to the next demand zones, which are situated at around $8.43 and $5.55. I recommend exercising patience and waiting for the price to reach the demand zones before making any investment decisions. By doing so, you may be able to purchase at a lower price and achieve a more profitable return.
In my opinion, it is better to buy in strong zones rather than pivots.
Cosmos (ATOM) analysis: New rubric "Where is the BOTTOM?"Hello, everyone!
Let's continue to analyze fundamentally strong crypto assets which I am going to buy at the very bottom. Now it's time to predict where the bottom for ATOM is gonna be.
Using trading chaos approach I defined the Elliott waves with the order you can see on the chart. You can tell me that wave 2 is too deep, but I have the evidence that it's correct. Look at the Fibonacci extension 1.61 - the natural wave 3 target. Price has reached this target perfectly. After that price has printed the wave 4 which is represented as a triangle correction. I think now ATOM is in wave 5 because it broke down the key fractal level.
The most important question: where is the gonna be the bottom. My answer is $3. There I will buy ATOM for the new bull run. This target was calculated according to the Tom Joseph's methodology. Bill Williams linked to his approach that's why I use it here.
Best regards, Ivan
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🔥 ATOM 10 Month Triangle Break Out: Weakness IncomingIn my last ATOM analysis I already talked about this triangle and that I expected some kind of bounce. My initial target was the top resistance of the triangle, but after a 15% move we fell back down.
Since we've now fallen through a 10-month support, I think that we're going down more.
I'm looking at 10 and 9 usd targets.
[cosmos] by qikoToday, I bring forth a fascinating analysis of ATOM.
Since its low in March 2020, ATOM has experienced an impressive 4100% increase at its peak. Subsequently, ATOM descended in five waves, with the 5th wave truncating, signifying the inception of a downtrend.
I anticipate the swing highs to be surpassed for Wave B before resuming the downtrend to complete Wave C.
Wave B Target: ~ 26
Wave C Target: ~ 3
ATOM/USDT Secondary trend. Right shoulder area.Secondary trend. Time frame 1 week. Logarithm. Showing % of potential reversal zones depending on the overall situation in the crypto market.
Coinmarketcap : Cosmos
Line graph.
Local trend. Pivot zone. Time frame 1 day.
Main Trend Look at my previous idea published half a year ago by clicking on the "play" button on the price chart.
ATOM/USDT Main Trend. Channel. The important zone.
🔥 ATOM Massive Triangle ReversalI've made several analyses on ATOM and the massive triangle pattern it has been trading in since June 2022.
Since a couple of days, ATOM is finding support around the bottom support line of the triangle. In my view, there's a decent probability that ATOM will reverse from this point onwards and go back up.
I'm looking at the top resistance of the triangle as a potential target.
🔥ATOM CLOSE TO HUGE VALUE AREA: $20 IS STILL POSSIBLE🔥Hi, friends! dYdX migrates from Ethereum to Cosmos (ATOM) blockchain.
USDC's co-issuer, Circle, has also announced the launch of a stablecoin on the Cosmos network.
This fundamental news can trigger ATOM growth up to $20. We should pay attention to the chart and find the best entry point before 90% growth.
📊 TRADING PLAN FOR ATOM:
🔥 test the $9.5-10.5 value area as the support
🔥 volume growth
🔥 squeeze to the trendline
🔥 bullish BTC is a must-have for altcoins growth
✅ MY LONG TARGETS FOR ATOM:
1. $13.5 - the key level
2. $15.5 - the key level and local high
3. $20 - the even number and key level
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥✅THE BEST TRADING PLAN FOR ATOM: $10 IS A CLOSEST TARGET🔥 Hi friends! Today I'll show you the most possible trading plan for ATOM.
We see how the price bounced from the $9.8-10.3 value area. I think it will happen one more time because this value area is strong resistance to the price.
✅ Now we should wait for some pullback to enter a long with a target at $10 as it is shown on the chart.
The price can go even higher if it breaks the value area and tests it as support! But when the price reaches this value area, I recommend you keep your attention on the chart. A false breakout is a very common thing after such growth.
🚩 If we compare the previous example to this situation, we will see that after the first test of the value area the price fell by -15%. The same can happen this time.
✅ The short target is an $8.5 key level and even lower to $8.
🔥 Stay tuned to get more updates and ask questions in the comments to get help in trading!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Cosmos coin is in an optimal buying zoneThe price of Cosmos coin is currently in the optimal buying zone, ranging between $11.41 and $10.31, with a local selling target of $19.54. This asset is in an uptrend, which is a favorable factor for further price growth. In case the price falls below the upward trend, a stop loss is set to protect the position at $8.43. The setup is expected to be realized in April. Additionally, there are plans to double the position after overcoming the downtrend.
ATOM - Once a Beast; Always a Beast 🦾Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ATOM has been overall bearish trading inside the falling broadening wedge pattern in red.
🏹 For the bulls to take over long-term , we need a daily candle close above 13.5 resistance.
Meanwhile, If we retest the blue support around 10.0, we will be looking for buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Cosmos (ATOM) formed bullish Gartley for upto 13% pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin.
Previously I shared a long-term trade setup for ATOM, which is still in play as below:
On a 4-hr time frame, ATOM has formed a bullish Gartley move for another 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