atom ideaalot of coins lost their main suport, atom still holding the line as of now. i think 25 is a support to consider buying but should it lose it, could drp further
ATOMUSD.P trade ideas
Cosmos Perpetual Futures 4H Chart: Bear/Bull ThesisBEAR:
Currently trading at bottom of ATH channel. We have a support band that has called buyers multiple times (showing candles with long wicks at the bottom resenting buyers showing up and rejecting support price). If candle closes below support band for first time within the channel, price might fill the gap down to previous channel. Further, price might find slight consolidation at new channel before continuing to next channel below, that has previously shown stronger balance between buyers and sellers
BULL:
If current bearish candle finds buyers support and closes above support band, while next candle closes above current candle, we might see the creation of a double bottom pattern that could bring price back to top or middle of current channel.
ATOMUSD Long TargetsATOMUSD has been consolidating in this channel for a few weeks and just has broken out and made the retest. I am expecting alot more upside out of cosmos.
TP 1: $35
TP 2: $50
Atom to the moon!Atom again over 70 RSI on weekly.
EMA 20 daily candle around 24 usd.
EMA 50 on 8 hour around 24 usd.
EMA 200 on 1 hour is around 25,3 usd.
All in all good support around "first break out". There is also a falling wedge pattern in the making within this channel. We might go test "first break out" but overall it looks super bullish to me!
ATOM ATOM ATOMhello to traders, community, and everyone. thisis analyze for ATOM.ATOM broke its channel that was moving there for months and now we can see pullback .and it is ready to go for more than 40% .and the volume is so good too and it means that it wants to go to the moon.it is so good in RSI it has so important and strong support area.I have drawn the targets with the FIB channel and lines .you can gain so much.so if you liked my idea please like and follow me.
Cosmos (ATOM) - May 7Hello?
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(ATOMUSD 1W chart)
(1D chart)
Between May 8-14, we should watch for any movement that deviates from the 19.1738756-30.8767670 segment.
In particular, it remains to be seen if it can gain support at 25.0253213 and climb along the uptrend line.
If it falls in the 17.2233938-19.1738756 section, a Stop Loss is required to preserve profit and loss.
However, if it does not fall below the downtrend line, it is expected to rise, so careful trading is necessary.
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(ATOMBTC 1W chart)
(1D chart)
4184 Satoshi-5093 We have to watch for any movement that deviates from the Satoshi section.
In particular, it remains to be seen if it can rise above the 4686 Satoshi point, which is an important point.
If it falls, we need to make sure we get support in the 3882 Satoshi-4184 Satoshi section.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
ATOMUSDATOM ranging in an uptrend channel, long it when breaking up in the top of the channel
targets on the chart
Atom breakout.... As we can see in chart , we have a triangles pattern and if it breaks the horizental line it can reach 47$
But if we check fibo lines our targets its like below:
1. 31$
2. 36$
3. 47$
ATOM descending wedge NEW ATH target $30After completing a Cup & Handle the target is the RED trend line.
ATOM needs to breakout above the descending wedge and also the 0.768 fib to expose ATH territory.
If this happens this weekend look for a target between the previous ATH (1.0 fib) and the RED trend line.
RSI on 1H still has room to rise. MACD is about to cross.
Good Luck
ATOMUSD More consolidation ahead. Scalp opportunity.Cosmos has been consolidating since the February 15 top. There is still room for more sideways movement within the green zone as it happened during the last consolidation phase from September to December 2020.
When the price hit the 1D MA200 (orange trend-line), it started making Higher Highs again. You have the time for sideways profit until a 1D MA200 takes place, which could skyrocket ATOM towards the 3.0 Fibonacci Channel extension level.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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ATOM looks primed to pump up Atom looks primed to pump up.
Tweet volume up 1000% today while price is down 7%
I know Ethereum is sucking all the air out of the room but sometimes other alts will hop on a trend a ride it up.
Atom swingsWith Ibc rolling out more and more blockchain interoperability, volume and recognition will inevitably rise. This is a short pattern based on historic movements I see likely occurring.
ATOM Cup & HandleATOM is trading in a Cup & Handle Pattern.
Watch for handle to form with breakout target of RED trend line
