cos/btc Support and Resistance Area. A pure buying OportunityA pure buying opportunity. Giving 2 buying and 5 selling price with btc pair. Always use stoploss when price hit at selling area.
Cosmosusdt
Cosmos ATOM will find it’s bottom at this level!Hello, my friends!
As I told you many times all cryptomarket will show us the last stage of the bear market. ATOM is not the exception. Cosmos is a funamentally strong project and if you believe in it’s bright future I will share with you the price levels where I am going to purchase it.
ATOMUSDT has the clear Elliott waves structure. Waves 1, 2 and 3 have been printed. Wave 4, as I consider has been also finished at $17 and I don’t think that the price will reach this level only in the next bull run. This price level perfectly coincides with the 0.38 Fibonacci retracement. This is an ordinary wave’s 4 target.
Now ATOM is in wave 5, but where is the final bottom target. I have some difficulties with it’s defining using trading chaos approach, because it has the negative value. In this case I use the liquidity collection approach. I can see the greatest liquidity pool at the $3-$3.3 area. I suppose that price with 90% probability reach this levels. We should see the divergence on the Awesome Oscillator on the 3D time frame to make sure that the bear market is finished. Let’s see what will happen!
Best regards, Ivan
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ATOMUSDT Short Trading Idea with Easy Invalidation.ATOM Short Trading Setup.
What I'm Looking In this Trade:
H4 Retest of key level 9.5 to fill previous vector candle.
Starting to DCA from 9.447 following next bid at 9.615 just incase fake pump or scam wick.
Confirmation to setup will be hard rejection at 9.615 with H4 Closing near 9.5
Hence, Its an easy invalidation to setup and reward is 4x time grater than risk.
ATOMBTC looks bearish (57 % dump likely) ATOMBTC has been in a very well-defined downtrend from January 2022.
A temporary horizontal support has held , however the price remains under downsloping resistance and overall the structure is very bearish as it's been creating only lower highs and lower lows.
We expect downtrend to continue for a while therefore 57 % dump is likely for ATOMBTC. After that it makes sense to flip bullish on this pair.
In August 2022 we published analysis where we expect a huge drop for a whole crypto market:
So far, this idea is playing out as expected and we believe that the final capitulation is coming which would trigger a 50%+ dump on ATOMBTC as well.
Don't miss opportunity for Short position COSMOShello guys
we have a very good opportunity for BTC long position
If it stabilizes below the trend line, it can be expected to fall to the specified range
all you need to know is in the chart
good luck
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Cosmos: Ready to Rumble3, 2, 1 - Go! Although Cosmos is currently facing a downwards slope, we're expecting the trend to exceed the resistance at $21.54 to move further North. If Cosmos crossed the support line at $5.54, though, it would activate our secondary scenario, which would indicate a detour in the turquoise zone between $5.27 and $0, before turning back up to continue the upwards trend.
atom/busd 4hr cosmosBINANCE:ATOMBUSD
couple trade ideas ive developed, that may or may not play out, the rising wedge along with the fib lines been respected, im expecting a short term pull back. long term bullish
#COSMOS/SUSDT Bullish Resistance BreakoutAfter big gains from $5 to $17 in June and July, price was rejected 2x at $17 resistance and broke below the uptrend trendline. Price has broken back above 200- day moving average resistance recently.
Big gain from $5 to $17 in June and July was followed by two rejections at $17 resistance, resulting in price pulling back, breaking below the uptrend trendline. It has recently broken back above the 200-day moving average and $14 resistance, showing some signs of a potential resumption of the Uptrend. (set a price alert).
Trend: Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance: Nearest Support Zone is $12.50, then $10.00. The nearest Resistance Zone is $14.00, which it broke, then $17.00, and $20.00.
Cosmos Surprising- Atom have been more bullish than others altcoins on his come back.
- Seems like we got a Bottom around 5.4$.
- 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!
#COSMOS/SUSDT Bullish Pullback in Uptrend EmergingSetting up a trade:
Possible bullish trend forming with price making Higher Highs and Higher Lows. Price was rejected 2x at $17 resistance. Pullback near $12.50-14.00 support could be a swing entry point, with upside potential back to $17 resistance zone. (set a price alert).
As a trend:
Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bearish ( MACD Line is below MACD Signal Line, and RSI is below 45).
OBV ( On Balance Volume ) :
Is flat, indicating that volume on Up days is equal to volume on Down days. Hence, demand from buyers and supply from sellers are in equilibrium
Support and Resistance:
Nearest Support Zone is $12.50, then $10.00. The nearest Resistance Zone is $14.00 (previous support), then $17.00, and $20.00.
ATOM inside descending channels#ATOM/USDT
$ATOM is inside a huge descending channel.
🐻 now price is rejected from the middle line of a channel which is the same with the long-term resistance zone, so it is possible that continue its downtrend to break down from support of $10 and touch the lower line of channel, than start a new rally.
🐮 but it price going to hold the support of $10, it will be an easy break out from resistance around $17 to touch the upper line of channel which is the middle line of bigger channel.
in the long-term price can touch the upper line of the bigger channel.
previous weekly analysis of COSMOS
ATOM fibonacci and trend lines#ATOM/USDT
$ATOM broke down from ascending support.
🐻 drop to 0.5 and 0.618 fib levels is a sure thing, just the way can be different.
- price can hold the descending trend line and have a bearish swing inside descending channel.
- and if break down from descending trend line it will dump sharp.