ATOMUSDT BULLISH CONTINUATIONDaily Buying Zone (10.65 to 10.98): On the daily timeframe, you've identified a buying zone for ATOM/USDT between $10.65 and $10.98. This range suggests a level where significant buying interest has historically emerged, possibly acting as a support zone. Traders often look for such areas to enter positions, anticipating a bounce in price from these levels.
Fresh Buying Zone for 4-Hour (11.2 to 11.4): Additionally, on the 4-hour timeframe, there's a fresh buying zone identified between $11.2 and $11.4. This zone indicates a recent area where buying pressure has been observed, possibly signaling renewed bullish momentum.
Respecting Trendline: You've mentioned that ATOM is respecting a trendline, which adds further confluence to the bullish scenario. When a cryptocurrency respects a trendline, it suggests that the price is following a certain direction, reinforcing the validity of the trend.
Expected Rally of 34%: It's noted that the expected rally in ATOM/USDT is around 34%. This indicates the potential upside movement in price from the identified buying zones to the anticipated peak of the rally. Such projections are often based on technical analysis indicators, historical price movements, and market sentiment.
Two Target Prices: You've set two target prices, suggesting levels at which you plan to take profits or partially close your position. These target prices are likely based on technical analysis indicators, such as resistance levels or Fibonacci extensions, and help traders manage their trades effectively by having clear exit points.
In summary, the analysis suggests a potential trading opportunity in ATOM/USDT, supported by identified buying zones, trendline respect, and an expected rally. By setting target prices and managing risk, traders can navigate the market with a clear plan, aiming to capitalize on potential price movements while protecting their capital from adverse outcomes.
ATOMUSDT trade ideas
Cosmos(ATOM): Trend is Bullish For Now!Cosmos caught our attention with a nice bounce after toching that trend and 100EMA line. If we hold this kind of movement here, then we will see potential further movement to higher zones and steady bullish growth here with higher highs and lower highs.
Again, if we see a weakness near a trend and a price to break it, then we will most likely see a sharp movement to lower zones!
Swallow Team
Cosmos(ATOM): Good Bounce From 100EMASince last time, we have had a nice bounce from 100EMA, which has been holding strong as of now.
We are looking here for some further movement to form a new higher high zone from where we will be looking for a correctional movement. We are not going to long this one until the next top as we might still see a fakeout!!
Swallow Team
ATOM Coin Update!Hello, friends! Today I am revisiting the ATOM coin and want to share with you some new data and my forecasts for this exciting cryptocurrency.
In my previous post, I detailed what ATOM is and how to earn additional income through staking to qualify for new coin distributions. But today we have exciting news - the team on Twitter has announced that we will receive a bonus on April 2nd! Let's see how this will affect the coin's price
In the meantime, I want to show you an interesting concept of this coin's movement using graphical data. I believe that analyzing fractals can help us envision what may lie ahead in the future. So here's a chart with a similar fractal - take a look, analyze, and find your entry and exit points in the market.
ATOM - USDT Achieved TP LVL 🔥 27/03/24Absolutely smashing results! 🔥🔥🔥
Trade took over 6 days & in the final "push" did hit TP @ 12.601. With Entry @11.470 it left us with a nice profits!
It was achieved using purely technical analysis only...
PS: not able to post many more trades, which one in the progress or just endup in profit , cos of lack spare time , sorry....over incoming weekend I will try to share majority of them ..
Live Long & Prosper!🖖
ATOM / Cosmos ecosystem : what now?Following my 2022 idea on the Cosmos ecosystem, we now have
1. Entered the area highlighted
2. A signal (bullish W div & breakup W/M)
-> The idea is now ready to be executed into a trade with targets and SL.
This is a long-term trade, so there is absolutely NO NEED to overmanage it. This is better executed as a spot-holding, which could be partially staked for a small extra APY.
Cheers
ATOM/USDT | 1W 👀NASDAQ:ATOM , I plan to start buying soon...
Based on the wave structure, I believe that the impulse will be fully corrected soon.
The target area for the decline is the > $10 zone, which previously acted as support.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Cosmos. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Cosmos #Investment #ATOM
ATOM/USDT IDEA Atom/USDT Analysis:
On the weekly timeframe, a trendline breakout has already been confirmed, and a retest appears to be nearing completion. Anticipating a significant bullish rally in the midterm, with a target around $30. Please note that this information is not financial advice. Kindly conduct your research (DYOR) before making any investment decisions.
ATOM: Resistance BreakoutTrade setup : Price remains in an Uptrend. It has broken back above $12.00 resistance to signal resumption of uptrend, with +20% upside potential to $14.30, where it got rejected 2x (Double Top) in March. Stop Loss (SL) level at $10.60.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $10.00, then $9.00. The nearest Resistance Zone is $12.00, which it broke, then $14.30.
ATOM LOOKS BULLISHIt has an ascending structure. Price had tried to create a bearish CH but failed and only the liquidity pool at the bottom of the chart was swept.
If there is a pullback on the demand range, you can look for buy/long positions.
The targets are clear on the chart.
Closing a one-day candle below the invalidation level
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
ATOM/USDT - Support Holding Strong and expecting bounce backBINANCE:ATOMUSDT (4H CHART) Technical Analysis Update
ATOM/USDT is currently trading at $9.006 and consolidating around the strong support area at 8.784-9.006
We can expect the price to consolidating around the above range for next few dance and i'm expecting the price to bounce back from this.
If the price bounce backs we have a nice LONG trade with a good potential profits.
Long Entry level: $9.374 (After Breakout)
Stop loss: below $ 8.187
Target 1: $9.809
Target 2: $10.314
Target 3: $ 10.973
Target 4: $12.083
Max Leverage: 5x
Don't forget to keep stop loss.
Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
Cheers
GreenCrypto
ATOMUSDT ready to participate in an alt seasonhi traders
ATOM is ready for an alt season. Are you?
The price broke the downsloping resistance line and we got a back-test. The price confirmed this trendline as a support and now it's ready to go much higher.
Each fib level is a take profit , but if you're patient, hold until 35$.
Very bullish on ATOMUSDT.
No reason to sell or short.
GOOD LUCK
ATOM short term target 30$In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.