ATOMUSD.P trade ideas
ATOM's Potential Rebound: Technical Signals Amid Airdrop SeasonIntroduction:
ATOM's trajectory against Ethereum has reached a significant support level, drawing attention amidst the Cosmos ecosystem's buzz, particularly due to the anticipated airdrop season and Celestia's successful launch.
Technical Indicators:
The price of ATOM relative to Ethereum has hit historical support, a zone known for preceding rallies. Concurrently, the RSI demonstrates a divergence, suggesting a buildup of underlying momentum that may not yet be priced in.
Ecosystem Dynamics:
The current airdrop season could serve as a catalyst for ATOM, historically leading to increased activity and demand. This event, coupled with the positive sentiment from Celestia's launch, may fuel a positive shift for ATOM.
Conclusion:
With technical indicators and ecosystem developments aligning, ATOM shows signs of a potential upswing. Investors might view the current levels as an attractive entry point, keeping in mind the inherent volatility of the crypto markets.
CRYPTO:ATOMUSD CRYPTO:ETHUSD COINBASE:TIAUSD
Disclaimer:
This brief analysis is provided for informational purposes only and is not financial advice. Investors should exercise caution and seek professional advice when trading in cryptocurrencies.
$ATOM set to double?As you can see from the chart, we formed a wedge that we broke out of and retested as support.
This seems like a great place to enter at $10.09.
Target of pattern would be $21-22. Target of full bullish move might go as high as $27.
ATOM - LongGood luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
ATOM at Long-Term ResistanceDowntrend began September 2021 and is still in place.
Resistance is resistance until broken
ATOMUSD - More Inverted H&S An inverted H&S forming after touching the middle line of a relevant channel.
I do expect after this formation completes price will break out stunningly.
Bullish channel stays intact regardless.
Can ATOMUSD 2X-4X in next bullrun? YES!One of my favorite alts out there and I'm bullish on it. here are possible scenarios.
Cosmos is looking greatCosmos (ATOM) is positioned for a great move. This is a 3W chart so it will take several months to play out. I'm accumulating below $10.50 preferably any dips to 9.50-9.90 range. My first target is $20 and my second target is $32 dollars. This is not a financial advice please DYOR.
ATOMUSD (4H) - Bearish reversalHi Traders
ATOMUSD (4H Timeframe)
Waiting for the downward break of 10.68 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 12.11 would cancel the bearish scenario.
Trade details
Entry: 10.68
Stop loss: 12.11
Take profit 1: 9.79
Take profit 2: 8.35
Score: 4
Strategy: Bearish reversal
🌌 Cosmos (ATOM) Analysis: A Complex Journey Unfolding! 🚀The chart analysis of Atom, or Cosmos, presents a visually intricate scenario. On the daily chart, we've recently witnessed the completion of Wave 2. This structurally aligns with a larger 1, 2, 3, 4, 5 wave pattern. This, in turn, is part of a broader five-wave structure. Currently, Cosmos doesn't seem to offer an opportune entry point. I anticipate Atom to complete Wave 3, reaching approximately $13.50, and subsequently forming Wave 4. Once weakness appears in Wave 3, signaling a potential Wave 4, I'll issue a limit order. As of now, entering this trade doesn't seem favorable due to elevated risk. Stay tuned for potential entry opportunities. 🌌🚀
ATOM A clear Move up L@@K!! Dip buying encouragedNot financial advice.
This is 3 week chart that ends tomorrow but please note the RSI breaks and how this token moves once breaking the RSI to upside
11.75 is Conservative target with 15-16.00 achievable.
Please also note the favorable position of the stoch RSI.
Once we broke we had a 71% move as I highlighted.
A similar move is 11.75
Dip buying encouraged
#PIK
Patience is Key
#TLAW
Think Like A Whale
$ATOM (COSMOS) - WEEKLY LEVELSSupport and resistance levels (which are more like zones than lines) for ATOM
Atom Inverted H&S Reclaim of key pivot at 10.30 which is also the neckline for the inverted head and shoulders pattern. Take profit is $16.90, stop on daily close below the 50 day EMA.
$ATOM Buy SignalBINANCEUS:ATOMUSDT Atom has been one of the cleanest charts to trade on key levels alone. Here you have a few historically significant levels and we are approaching one around the 8.7 range. That coupled with the MA200 being at 8.5 right now, I’m picking some up at this level. I would get stopped out as soon as we have a daily close below the MA200.
Is ATOM forming a cup?See my previous idea for SOL, posted that a few weeks before it started flying, now I'm possibly seeing a cup being formed on ATOM, still needs more candles, but has the makings of one.
One for the watch list
Cosmos Simple Trade- Everything is in graph.
- Atom stayed strong in this bear market.
- Here we stat in cryptos, everything can go fast up and down very fast also.
- Adapt your strategy accordingly.
- Follow TheKing movements.
- Invest what you don't need for living.
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Trade Setup
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- Buy Breakout : 14$+
- Buy Retracement : 10$ish ( 25% of your invest )
- Buy Bottom : 5$ish ( add 75% more invest )
TP : Before 20$
- SL : 4$
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- Stay Safe
- Happy Tr4Ding !
Cosmos Hub (ATOM) Primary FocusIn comparison to other altcoins, the price growth of ATOM has been more gradual. The asset has appreciated by 60% over the past month and is currently hovering near the resistance zone of $10.20-$10.58. Notably, ATOM's rise seems quite steady, characterized by regular corrections and pullbacks. This kind of price movement is generally seen as more sustainable than a rapid, short-term spike.
The continuation of growth and reaching new highs are the current focus. Once the present resistance range is breached, buyers could set their sights on the next resistance levels at $11.0 and $11.5. As the new year approaches, we might witness an accelerated rise to the $15.4 level, marking the asset's annual high that hasn’t been tested for over 10 months.
A local correction in ATOM could see the asset drop to the $9.57 level. Below this, there is a support zone ranging from $8.62 to $9.13, and a buyer’s level at $8.15. These marks present appealing opportunities for opening long positions.
ATOMUSD 83% profit projectionCosmos already broke the channel down pattern. Our bullish target around 15.332 at resistance level with 83% profit projection.
We also have support level at 5.572 (-87% from ATH), if bullish fails, prepare to buy back at this support with 177% profit projection.
If you have any questions about this analysis, do not hesitate to contact me.
Happy trading
ATOM USDSolid S/R flip on key swing low level.
ATOM has always been relative underperformer.
Potential for Adam & Eve reversal formation.
Max extension target is $36
3 stops north.
ATOMUSD (4H) - Bullish breakoutHi Traders
ATOMUSD (4H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 8.78 resistance level. Only the downward break of 8.14 would cancel the bullish scenario.
Trade details
Entry: 8.78
Stop loss: 8.14
Take profit 1: 9.17
Take profit 2: 9.80
Score: 8
Strategy: Bullish breakout
