$ATOMCosmos, a decentralized, peer-to-peer network that enables data exchanges between blockchains, was the front runner, as its atom token gained 23% on Thursday to stand at $40.38 at 06:13 a.m. ET.
ATOM was one of the biggest gainers in the overall cryptocurrency market strengthening by nearly 24% as investors cheered the news of China’s Evergrande committing to pay off its debt, and enjoying the support of interesting fundamental developments.
At the time of writing, ATOM/USD is trading around $39.82.
One of the key factors driving up the price of ATOM is the increased trading activity among investors.
There’s a steady uptick in Cosmos’s trading volume over the past one month and a corresponding increase in its price, barring the slight dip earlier this week when the overall mood in the crypto market had turned bearish.
For me, I’ve personally been piling in quite a lot of cash over the past couple weeks.
When we move from the fundamentals to the technical side of things you can see ATOM has formed a huge cup on the daily with price recently break above all time highs and then retest price to see if previous highs will act as support.
This is something you should keep on your watchlist.
I’m bullish.
- Factor Four
Cosmosusdt
Atom/Cosmos Smashing ATH and has little resistance at this levelLooking very bullish for EOY projections on Atom/Cosmos right now. It may come recheck its support lines at its previous highs, but it looks very bull into 2022. Don't long at this level wait for a dip, but if the opportunity presents itself it could be lucrative. Not financial advice, i just like this crypto.
ATOMUSDT 100$ Soon!ATOMUSDT (1H CHART) Technical Analysis Update
New All Time High
ATOM/USDT currently trading at $37.50
Buy-level: $34.00 - $38.00
Target 1: $50.00
Target 2: $75.00
Target 3: $100.00
Max Leverage: 1x or Buy it on spot market
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ATOMUSDT Good BUY!ATOMUSDT (1H CHART) Technical Analysis Update
ATOM/USDT currently trading at $37.50
Pennant Pattern
Buy-level: Above $38.00
Stop loss: 34.50
TP 1: $42.00
TP 2: $46.00
TP 3: $50.00
TP 4: $60.00
Max Leverage: 3x
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ATOM - Is all time high surmountableBINANCE:ATOMUSDT
At the time of writing this ATOM/USDT pair was trading at $34.8.
Yesterday (Sep 13), the price wicked $39.11 which is a strong resistance level and made an ATH of $38.69.
ATH levels always have a mark on their head and automatically become a distribution zone i.e. highly succeptible to a correction.
Possible support levels at current price can be;
S1 - 32.32
S2 - 30.39
S3 - 28.53
In case a momentum is built and the price tries to move further it will find a strong resistance at ATH and at $41.89 level.
Please feel free to comment and express your opinons in the comment section.
Asad Rindani
Co-Founder Crypto Swordfish
Cosmos - The sleeping ATOM bombATOMUSDT had a very nice pullback back to the previous ATHs and has now reclaimed a key support level. Support turned into resistance and back into support. When Cosmos launched it had a nice big correction vs USD & BTC which was needed as the project launched with a huge ROI as it was at least 2 years in the making while many other projects launched much sooner. That meant there was a lot of potential selling pressure, but now that seems to be gone.
Not only that, but ATOMBTC is looking like a huge accumulation and ATOM is one of the few high profile and important projects out there that haven't had a big pump yet. In my opinion that time is coming or is already here.
Initially I'd expect it to find some resistance near its ATHs and then slowly break them and go significantly higher.
Atom gonna hit hard to the resistance levelAtom currently trading at 22.20. Grab this beast for atleast 5% Profit till to its previoous high ( resitance zone) marked in the chart. also the atr based indicator gonna flash buy signal and most importantly the price is above the 200 ema and rsi is avobe the 50 level. Grab it with low risk.
Stoploss : not required!
ATOM 1D Correction is over, is it time to grow?The last time we published an idea for ATOMUSDT was 6 months ago.
In this idea, we wrote about the target of $31.50 and then at least 50% fall to $15
In fact, we received $32.32 and then dropped by 76% to $7.83
Nevertheless, ATOMUSD keeps the price in the growth channel , which we drew in the previous idea. The ATOM price has been moving and growing by the channel since March 2020.
Now looks like that the price of ATOMUSDT wants to grow, confirmation of the strength of buyers will be rising and consolidate above $15.5. In this case, the growth can achieve to the $19.60-23.70 zone , and you can safely focus on the higher goal.
The chart will signal the weakness of buyers, and, accordingly, the continuation of the downward fall if the ATOMUSD price fixes below $10 . In this case, you will need to think about what to place buy orders from the levels of $6 and $4.40.
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ATOM - the Wedge is BROKEN 😧🤯Atom, like all altcoins, has corrected strongly after Bitcoin's fall. Locally on the chart, you can see how the price broke the wedge pattern. Now the price has returned, tested the wedge as resistance and the volume has increased, which is a signal that the fall will continue. If bitcoin continues to fall, Atom is 90% likely to reach the area marked below.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DOT Best buy entry? ✔Hello Traders. I hope you are having a wonderful day.
Today I want to share my thoughts on DOT. As you can see on 4H timeframe, DOT has a descending trend line which has touched it 3 times. So in my
opinion, the best strategy is the breakout strategy here. When the price breaks the line and makes a pullback to it, then you can enter with the SL
below the line.
TPs can be : 24.5 - 26 - 28.5
Get' er done... Get cha sum COSMOS... It'll be ATOMICA nice clear breakout and a bull flag pennant. What more signals do you need? I'd say... maybe a little retest would be nice, por favor.... After that, the previous sky is the limit. Suggested levels..
STOP-LOSS - 23.63
BUY ZONE - 25 to 26 ( I put this number wrong on the graph )
TAKE PROFIT - 32 to 41
There's been a lot of social chatter on this coin too, and I talked to your sister and she told me that COSMOS is the hottest guy she ever dated in high school. I mean, really, isn't that completely random.
FEELING THE DARK THEME - ATOM / COSMOS is testing all time HIGHSnuggling up to a recent all-time high COSMOS retests and then reaches skyward? Watch the little dot to find your moment of truth - that moment when it all changes.. when your wife divorces you, your drog abandons you, and your best friend turns out to be a sexy alien cyborg.... it's all possible in the COSMOS
Are you a white themer... or a dark themer...? I switched it up and went dark... Did I scare you? Do you like the dark?