ATOM rocket !#ATOM made a nice correction pattern after that market can make a rise and as you can see there is a rising spike and a correction after ABC pattern now we are heading to the 3rd wave of elliot
ATOMUSD.P trade ideas
ATOM: Bullish Momentum | go longBINANCE:ATOMUSD | Buy Entry executed on daily chart. Daily Anchored VWAP support found at $7.28 and also it is 50% Fib retracement area as well.
Note: Green Yellow Candle. It is a Buy Signal triggered on daily candle close. Following candle is confirmation candle. As it broke the high of Green Yellow Candle entered long with stop loss. Focus on risk management. Don't let your winning position into loss.
Cosmos Atom BullishI am not a financial advisor. This is not meant to be and does not constitute financial, investment, trading, or any other types of advice or recommendation.
ATOM/USD Bearish Analysis
Looking at the ATOM/USD pair, I'm seeing strong bearish confirmation across multiple indicators and chart patterns. Let me break down why I'm heavily bearish on this setup:
Major Bearish Signals:
1. Triangle Pattern Breakdown
What catches my eye immediately is the clean breakdown of the descending triangle on the daily chart. This isn't just any breakdown - we've seen a decisive move below the pattern support, and more importantly, the recent retest of the breakdown level was firmly rejected. Classic price action theory in play here.
2. Price Structure
I'm particularly focused on how price has consistently formed lower highs and lower lows. The recent rally attempt to $8.90 was swiftly rejected, and what's more telling is the weak bounce attempts that followed. This type of price action typically precedes further downside momentum.
3. Technical Confluence
Here's what really seals the deal for me:
- MACD shows increasing bearish momentum on the daily
- RSI hasn't even hit oversold on the daily, suggesting plenty of room for downside
- Volume profile is increasing on down moves and decreasing on bounces (classic distribution pattern)
My Bearish Targets:
$6.20 → First major support
$5.80 → Key psychological level with historical significance
$4.90 → Ultimate target if bearish momentum continues
Why This Setup is Particularly Compelling:
The beauty of this setup is the clear invalidation level. A daily close above $8.90 would force me to reconsider my bearish stance, but until then, the path of least resistance is clearly down. The risk-reward here is exceptional - we're looking at roughly a 3:1 return on well-placed shorts.
Trade Management Approach:
I'm looking to short any relief rallies, particularly around the $7.20-7.50 zone. These levels coincide with previous support turned resistance and should provide optimal entry points. Keeping stops tight above $7.80 to maintain a favorable risk-reward ratio.
Key Observation:
What's particularly bearish here is the increasing volume on recent downticks. This tells me big money is taking advantage of every bounce to distribute. When you combine this with the technical breakdown we're seeing, it paints a very clear picture of where this is headed.
The one thing I'm watching carefully is a potential bear trap scenario above $8.90, but given the current technical setup, I see this as a low-probability event. The risk-reward clearly favors the short side here.
Final Thoughts:
This is one of the cleaner bearish setups I've seen. While we might see some relief rallies along the way, the overall structure suggests lower prices ahead. I'm maintaining my bearish bias until we see a clear break of the descending trendline and reclaim of key resistance levels.
Cosmos (ATOM) Technical Analysis: A Major Bullish Signal and ProIn recent events, Cosmos (ATOM) has captured the attention of crypto investors and analysts alike. After breaking out of a one-month falling wedge pattern, ATOM exhibited a robust bullish signal by establishing this month's candle above the critical 20-period moving average. This technical development suggests a positive trend for ATOM, signalling that now may be an ideal time for investors to take notice.
### A Breakout Pattern that Signals Strength
The falling wedge pattern is often perceived as a bullish reversal formation, indicating a possible end to a downtrend and the start of an upward trajectory. The outlook appears mega-bullish with ATOM’s successful breakout from this pattern and its recent stabilization above the 20-period moving average. This technical behaviour emphasises the potential for a sustained rally in the coming weeks.
### Cosmos: The “Internet of Blockchains”
Beyond the charts, Cosmos is making headlines for its innovative approach as the “Internet of Blockchains.” Its unique architecture facilitates seamless communication and data sharing among blockchains, paving the way for a new era of blockchain interoperability. This interconnectedness is not just a theoretical advantage; it represents a crucial evolution in how blockchain networks can cooperate and enhance their features.
### Recent Upgrades Enhancing Scalability and Security
Recent upgrades to the Cosmos Hub have significantly boosted its scalability and security, reinforcing its appeal to developers and enterprises navigating the complex crypto landscape. Notably, introducing interchain security has garnered attention, as it bolsters trust and reliability across Cosmos’ ecosystem. These foundational improvements position Cosmos favorably as one of the best cryptocurrencies to consider in December 2024.
### A Growing Ecosystem of Innovation and Opportunity
For investors, Cosmos offers an enticing blend of innovation and stability. The ecosystem is expanding rapidly, with a multitude of projects being developed on its platform every day. As Cosmos continues to attract attention and foster collaboration, it envisions a future where all blockchains are interconnected, creating a unified decentralized web. This ambitious vision is closer to reality than ever and provides a compelling reason for prospective investors to consider ATOM.
### Conclusion: A Strong Contender in the Crypto Space
Whether you’re a long-term holder or looking for a project with solid fundamentals, ATOM is an excellent choice. Its commitment to addressing real-world challenges and building a robust infrastructure sets it apart in the crowded cryptocurrency marketplace.
As Cosmos continues to innovate and expand, the combination of technical signals and fundamental advancements makes it a project worth exploring. Don't miss the opportunity to invest in ATOM as it embarks on this exciting journey towards interoperability and decentralized collaboration. Stay tuned for more updates on Cosmos and its ongoing developments in the crypto space!
cursed coin ATOM offers some hope. Major line still to crossATOM the cursed coin, which has underperformed most major cosmos based projects due to poorly designed tokenomics is trying to reclaim a bullish structure. it still has to go through the second resistance line.
two scenarios presented.
we remain neutral
If ATOM stays above $10 could pull up (100%) to (+125%)If ATOM closes tomorrow the weekly candle above $10 will show an intent to reach higher prices, it is breaking the value area high from 2024 alongside with moneyflow increasing and strong momentum. This could lead ATOM to reach the value area low from last bull run in confluency with fibonacci levels and anchored vwap from sep 2021.
TARGET: $19,9 to $22,6 up to (+125%)
Targeting Major Gains with ADA, BNB, and ATOMIn this video, we delve into swing trading strategies for three prominent cryptocurrencies: Cardano (ADA), Binance Coin (BNB), and Cosmos (ATOM). Cardano recently approached our suggested entry point of $0.34 and is showing potential to reach its previous all-time high (ATH), with a take-profit (TP) target of $6 if current momentum persists. Binance Coin has surpassed its previous ATH, and we're eyeing a TP of $1,200, provided the current support levels hold. Our Cosmos trade required adjustment, as the true reversal occurred near $3, forming a bullish engulfing candle. We now anticipate a return to its previous ATH, offering a potential 3x return in this 'safe' large-cap coin. Join us as we analyze these setups, discuss key support and resistance levels, and outline strategies to capitalize on these opportunities in the crypto market.
Atomusd at the goldencross starting lineIn a very similar inverse head and shoulders that digibyte jsut successfully broke out of with the same kind of little right shoulder. For now there’s been no confirmation of a breakout or even solidified support on the neckline just yet so price could easily dip back below the neckline here, however considering the golden cross has occurred it wouldn’t surprise me if the neckline is confirmed solidified support n quick order. *not financial advce*
ATOM Upcoming price actionLooking for minor pull back for ATOM to enter long, here is the short term price target as $14 and 29$ as cycle top
The Bullish Case of ATOMATOM
Cosmos made a perfect bullish bounce recently from a historical demand zone.
I expect the bullish wave (i) to continue rising till Jan/ Feb 2025. Atom is facing some struggles now in the short term with the MA111 but it should make no harm in the long run. Hodl tight!
COSMOS ATOM- A smart trader focuses on buying assets that haven't yet started their upward trend, rather than chasing those that have already pushed hard.
- Atom hasn’t surged yet, making it a strong candidate to consider given its solid project fundamentals.
As always, everything is annotated on the chart : trends, bubbles, resistance, and support levels are all clearly marked.
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Trading part
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- Buy around 5$ ( 30% invest ).
- Rebuy around 4$ ( 70% invest ).
OR
- Buy Breakout after 6.15$
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- TP1 : Before 8.8$
- TP2 : Before 15$
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- Long Term Hodl : 100-110$
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Be wise & stay safe!
Happy Tr4Ding !
ATOM (Cosmos) to 56.50ATOM bottomed recently at 3.615.
Price technicals and market conditions look appealing to test the 10 and 20 levels.
Under 9 a unit secures a comfortable position.
44.80 the current all time high.
I'm looking for 56.50 and 65.50.
High yield investment 👍 but allow yourself time to unstake your position.
ATOM long term profit takingI will take profits on Atom once we reach the previous ATH.
Th fractal i used is from BNB that had verry bad new earlier this year. The CEO was convicted of fraud and money laundering. There was no bad news on ATOM, but the setup looks similair.
$ATOM possible Accumulation, Manipulation, DistributionNASDAQ:ATOM is looking like a possible
Accumulation
Manipulation
Distribution
Atom to shineAtom is a young project yet very strong, just look at it’s ecosystem to find out it’s mind blowing, I think it’s trading went live April 2019 , in my view it can easy goes back to its ATH but I can imagine breaking out of it as well , right now it’s facing a strong resistance that you can see in red and any closer price to blue support is a better price to pick up , what I draw on the chart is the behaviour I expect from it , for what it’s offer the price is way too cheap.
See you at the top mate.
ATOM target 10$Hello, friends! 🚀
Today, I am once again reviewing the ATOM cryptocurrency and want to share new data and my forecasts! 📊 This is an exciting coin, and I believe it has great potential. Below is my entry strategy and key levels.
🔝 Entry setup with a risk/reward of 1/5 🔝
📊 My Strategy:
🟢 Buy Zone: $4.5 - $5
📈 Targets (Take Profit):
TP1: $6
TP2: $7
TP3: $10
🛑 Stop-Loss: $3.8
Be cautious and don't forget about risk management! Cryptocurrency remains a volatile market, so always conduct your own analysis.
Good luck to all traders! 💪
ATOM’s Last DipCosmos ATOM is among the most solid projects in the space. Although it had been in a long downtrend since the end of 2023, the coin is expected to make bullish shift that would change the structure to target a new ATH.
I expect a last dip though to the ~$3.21 range before starting a major bullish impulse wave.
Is This the Beginning of a Reversal for ATOM?ATOM found its bottom when the RSI was oversold and showed a bullish divergence, as indicated by the blue and green arrows at the bottom. The dark green triangle appears when the RSI dips below 30 and then rises again.
The WVF indicator shows that volatility is slowing down, which suggests that the downward movement is coming to an end.
The price finds support at a 4-year low.
Well... what do you want more?
Cosmos
Recent volume appears to be lower, indicating reduced trading activity, though the latest bars show an increase as the price falls again.
The rise in volume during price declines may signal that sellers are stepping in with more strength.
The overall trend since mid-April is downward, characterized by lower highs and lower lows, suggesting a sustained bearish market structure.
The price briefly crossed above the moving average in mid-September, but the bearish structure remains intact until higher highs are formed.
Support: Around $3.60, which aligns with the lower Bollinger Band and recent lows from August.
Resistance: The $5.00 level appears to be a key resistance area, as the price reversed near this point twice recently, in September and early October.
The lack of follow-through after testing the $5.00 level could indicate that the momentum is still bearish, but the current consolidation might lead to a potential upside if the bulls gain strength.
Bearish Case: If the price breaks below the lower Bollinger Band and loses the support at $3.60, it may continue downward, with the next target around $3.00.
Bullish Case: A break and close above the $5.00 resistance and the upper Bollinger Band could signal the start of a new uptrend, with a target near $6.50-$7.00.
Cosmos is in a consolidation phase after a sustained downtrend. The current price action near the $4.00-$4.50 range is critical, as breaking support may lead to further declines.
ATOM: Ascending WedgeTrend is weakening, testing the wkly 50 again with a double rejection at 45. Down, down, to Goblin Town. Expect bearish retest once below trend.
