COSMOS could be heading higherNot investment advice. Please do your DD
ATOM looks to have completed ABC correction. Looking to move higher.
ATOMUSD trade ideas
ATOM price perdictionMedia go brrr is likely bcz of BTC pumping in December, most people say altcoin season would be over by then but I don't think so.
ATOM price perdiction P2As we saw, A lot of people are looking at ATOM. ATOM was one of the biggest gainers on 3 Dec 2021 but came back fast. With Atom pumping it got some media attention but not too much. Once the altcoin season in December goes parabolic ATOM will go to around 50$ at the end of 2021. ATOM has a lot of support at 25$ and massive resistance at 33$. I think some 2x/3x in a month are possible. Target around 45 - 60.
36-38 againWas expecting a rise to 32, and now 38. I do want for sure a break upside 32 to consider 38, obviously. And also since I do expect some more testing that could happen around 31.2, and even back to 29.2, before it moves upward furthermore.
And I do expect a rise to 44 as well on a longer term, but these were my first target zones.
If there would be a break under 29.2, then it would mean 25-26, but for now buying interest has been consistent enough to not go play within that zone.
Weekly
Monthly
Update will be provided as this move through the cycle.
ATOM Swing TradeLooking at a good opportunity if we can hit the golden pocket on the fib retracement, although I'm not sure we will with the support range.
On the FA side, I anticipate a leg up similar to LUNA as these assets were grossly underpriced.
On the TA side, we have been able to reverse market structure, and break through a previous resistance, along with a weak double bottom. Further, our TP of 42 at the 0.618 line is reasonable as it is below our next resistance level.
(Another trade I might explore is another FIB extension once we hit 0.618 with a new setup to see if we cant get acrross that higher range).
#ATOM Looming Breakout#Atom looks set to test the stiff resistance at $32, which was previously serving as support.
- It will be hard, as the line coincides with the 100 & 50 day MAs.
- A breakout and close above it will lead to retest and continuation up to the all time highs as shown at the chart
- If not successful, the price will return to the lower supprt around $23 and continue ranging. Good for stacking in such case.
Overall- Bullish
ATOM LongPA near lower resistance, money will rotate from L1s. LUNA pumping is a sign for ATOM following shortly after. Proposal 56 was passed back in September but now more people are looking at it and what it means for Cosmos to be the IBC hub. Also @blknoiz06 hinted at a cosmos trend.
ATOM long setupPrice rejecting major S/R level on the daily and broke out of the descending triangle pattern and rejecting the 1H50EMA + .5 and .382 fib retracement.
Invalidation below the .786 (White line)
Targeting the D20 at least and letting the rest moon
ATOMLooks like ATOM has bottomed and the bulls have filled all their bags, I think we going back up from here
atom/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
ATOMUSDT : There is a potential H&S pattern but...In ATOMUSDT 1H
There is a potential H&S pattern but there is still a downtrend need to break out.
If the price break out the downtrend and stand firm,trading strategy as below.
SL :29.163
TP1: 36.110
TP2: 37.044
TP3: 38.047
TP4: 42.295
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
ATOMUSD Gann AnalysisAnother idea for ATOMUSD supporting my bearish stance
Initially price can be seen to hit the 1/2 Gann line, slowly though with each peak, price weakens, moving further and further away from this line
While being inside a rising wedge, a bearish view is justified
The indicator shows similar points (yellow) and expected downward move to follow
Heres my previous analysis on ATOMUSD which is also a bearish one
Atom first target:18 $Hi
Atom breakdowns Range area and the support level
Based on Renko extension, the first target can be 18 $
ATOM - Something is missing hereNot financial advice. I have been keeping my eye on L1 Smart Contract/Defi Cryptos and most of them are astronomically high besides a few. ATOM and AVAX seemed to be moving together with ATOM leading and all of that momentum seemed to get transferred to AVAX which gets me thinking we could see it come back into ATOM soon especially with news and updates creeping in. My possible top for ATOM is $110 at the 4.236 Fib extension. If you are looking for more upside and less risk potential I would be in ATOM over AVAX. Doesn't mean that AVAX can't go up more in the short term all I'm saying their is possibly more upside within the next month percentage wise.
ATOM cosmoc trendNo financial advice yesterday i noticed that atom is recovering really good so i started looking in to it and this is my conclusion
ATOMUSD - Correction into sell zone 37.00Price soaring upward into 37.00 cluster zone. Expected rejection from the zone continue down.
ATOM Swing TradeBeing a bit aggressive here, but looking for this short term dip to come back into the 30-44$ Range that ATOM has been in. This project looks undervalued.
The wick at the bottom was the change in Market Structure (MS) we were looking for and should translate in to higher highs and lower lows.
Normally, it would be smarter to get multiple entries with different SL and TP levels, but I am posting the way I entered in 3 days ago.
For a better entry, you could wait for confirmation above the resistance/support line with a stop loss below it, and same TP.
**Not Financial info, just for my own learning and progress*
Cryptocurrency value returns to $33 showing bearish inclinationThe most recent Cosmos price analysis shows an increasing bearish tendency as the price has followed a descending movement in the last 24-hours. The price was on its way to recovery earlier this week, as more bullish activity was being preserved. But today, the bears have managed to create an impact on the market by bringing the price down to its former low i.e. $32.99.
Fib Circle dump example scenario ATOMUSD
As per the above chart, I have found a possible example that may play out the same
The premise is price dumps along the side of the Fibonacci circle
I think this is because the price is "attracted heavily" to the circle as it dumps, causing this chart phenomena
I don't want to spread fear for ATOMUSD hodlers, simply trying to find another example. It could play out completely different.
If anyone knows more about this, comment !
ATOMUSDTThe specified Fibo price range is attractive for buying.
I expect the price to rise in the form of C-waves.
