Cosmos Surprising- Atom have been more bullish than others altcoins on his come back.
- Seems like we got a Bottom around 5.4$.
- Like always in cryptos, everything can happen as most of altcoins will follow TheKing, so invest wisely.
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Trade Setup
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Buy Zones : 11.5$ - 10.5$
- TP1 : 19.5$
- TP2 : 29$
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2 strategies for this trade :
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1/ - Set a Stop Loss around : 9.5$
- i never do that because cryptos are too volatiles and can make fast dip wicks, i prefer DCA rebuy.
2/ - invest only 25% at actual price and keep some juice.
- invest 75% if Atom back to Bottom around 5.5$
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Stay Safe ! Happy Tr4Ding!
Cosmosusd
Cosmos: ComebackCosmos has come back below the green strip between $12.75 and $12.17 and should be very careful now, as there isn’t much room left until the support at $11.54. There already is a 40% chance that the altcoin could drop below this mark, which would then trigger further descent. However, as long as Cosmos abides above $11.54, we still primarily expect it to get its act together and to develop strong upwards momentum. Thus, Cosmos should be able to rise above the resistance at $16.96, heading for the green zone between $22.38 and $25.88.
atom/busd 4hr cosmosBINANCE:ATOMBUSD
overall im bullish on atom, if atom breaks $13.314, my bullish price target is $14.918, followed by a pull back than a spring into the $15 area, depending on btc and the november cpi data.
ATOM - 1H Bearish signsThe daily trend line was broken and it had a pullback on the 4H chart. In the 4H time frame, The price crossed the support zone and had a pullback to the zone with a perfect doji candle that we can consider as a signal bar. We have a powerful bearish candle at the end that indicates the price could decrease more.
Cosmos: Well begun is half done!Cosmos seems to have taken this motto to heart and is appearing at its best. The altcoin has already managed quite some altitude difference on its way upwards to the resistance at $21.54, and it should keep going. Once above this mark, Cosmos should be well-positioned for further ascent. A 40% chance remains, though, that the altcoin could lose its steam and drop below the support at $5.54. In that case, Cosmos should make a detour through the turquoise zone between $5.27 and $0 first before starting to rise anew.
ATOMUSDT 3D Good growth prospect for medium and long-term tradesIt can be assumed that for the last 2.5 years the ATOMUSDT price has been moving up through a large channel.
Now the liquidity zone $20-25 acts as a magnet for ATOMUSD price growth, it is possible that the price will be able to reach there in this wave of growth.
"The sweet" buying zone for medium and long-term positions is around $10 per Atom
In general, the Cosmos Atom token price showed a very good 200% rebound from the bottom of July 2022 among liquid coins
This fact indicates that "buyers with money" believe in the future growth of the ATOMUSDT price.
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COSMOS Bullish Breakout possibility Cosmos is forming nice bullish ascending triangle aligned with fundamentals. Strong chaina activity, strong community, dev. activity, etc.. and most importantly many technical upgrades happening which will increase $ATOM utility.
We remain super bullish. COINBASE:ATOMUSD BINANCE:ATOMUSDT
investmox.com
Time will tell if we're right or wrong.
Cosmos (ATOM) formed bullish Butterfly for upto 634% big pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin.
On a weekly time frame chart, the price action of ATOM has formed a big bullish Butterfly pattern.
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.
ATOM/USD 1D. The situation right now on the coin.#ATOM/USD 1D Binance. Updated the coin idea. I made a "global" analysis and described the situation for you.
Now I will describe it in text here. Pay attention to the interesting name of the coin - COSMOS (ATOM) . Here is an analogy similar to Terra (Luna). I think everything is clear here. The cosmos is big, the Atom is small (the particle that makes up the Cosmos and our material world as a whole). Hyperlink left the project page in CoinMarketCap.
This coin has been in accumulation since 2019 (history from the Binance exchange chart). Accumulation ~ 2 years.
After accumulation, an impulse occurred, the distribution began exactly near the accumulation goal (the average distribution price is the exact accumulation goal). Showed on the graph.
Also note how clearly the price "respected" (that is, reacted) to this level afterwards (a clear retest when breaking the distribution). I also painted it on the chart.
After leaving the accumulation, a large horizontal channel began to form (shown on the chart). Similar to Bitcoin (consolidation/sideways with lower and upper boundaries).
After the distribution in this horizontal channel (shown on the chart - Distribution), the price has clearly reached the goal of this distribution (also displayed on the chart).
An ascending triangle (rising lows and a flat top) was also formed in this large channel, which was subsequently broken down.
If this triangle works out, its goals are shown on the chart.
It is also worth noting that from the minimums of the accumulation, an upward trendline (purple) began to form, which was very jewelerishly broken down just when leaving the accumulation. There was a retest of this trendline.
All this is shown on the chart.
After the breakout and retest of the ascending trendline from the bottom up, a descending trend of the secondary trend began to form (red on the chart, also designated it - the secondary trend line).
If there is a breakdown of this trend - a reversal of the secondary trend to an upward one (breakout + the proof of breakout / retest).
Now the price is consolidating in a small range at the lower border of the large horizontal channel (possibly a repeat as in the summer of 2021). Pay attention to this point on the chart.
The price from the average values of a large accumulation is still at a good profit (now 155% as shown). That is, those who have accumulated are still in the black. Therefore, there is still a place to sell.
Also note that the volume gradually began to appear. And what this volume was at the peak of the fall (capitulation).
Potential levels from below as well as from above are shown on the chart.
ATOM is copying BTC but...we can observe that the priceaction has respected the blue dotted trendline for quite a while, almost a year. A rupture would almost certainly cause bleeding at least up to $11, which is quite far away. The opposite case sees the break of the high green trendline and the conquest of new peaks.
Based on what happens do your job.
Cosmos Posible Target 34.24Hey!
I have put together this analysis to help with the understanding of the support and resistance levels! On this occasion, I have compared a lot of levels with the progress of the crypto, after which it rises or falls depending on what the allcoin market looks like. My target is $ 34.24 (24.25%)
💥ATOM FORECAST - TO HIT NEW ALL TIME HIGH🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Right here is a weekly chart with price is an ascending triangle.
A successful close above the resistance region at $44 is will take price to a new ATH.
If the trend will continue, the Best Buy zone to bag more cosmos is within $24 & $28.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
Possible COSMOS Short?Not financial advice. :D Always trade with knowledge.
When the fast (K) stochastic RSI (Blue Line) crosses the slow (D) stochastic RSI (Orange Line), I believe this could be a short buy signal for COSMOS. When this occurs, you can check if COSMOS is bouncing off a Fib level or the DailyMMA50 and if the RSI has an uptrend. I am currently looking at a $32.50 price target (0.5 Fib) later today or tomorrow. Have a great day, everyone! What do you think?