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: $12.083
Max Leverage: 5x
Don't forget to keep stop loss.
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GreenCrypto
ATOMUSDT trade ideas
ATOMUSDT ready to participate in an alt seasonhi traders
ATOM is ready for an alt season. Are you?
The price broke the downsloping resistance line and we got a back-test. The price confirmed this trendline as a support and now it's ready to go much higher.
Each fib level is a take profit , but if you're patient, hold until 35$.
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.
ATOMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Increased risk.
Entry: market and lower
Targets: 15 - 17 - 19
after first target reached move ur stop to breakeven
Stop: ~10.2 (depending of ur risk).
RR: 1 to 5
ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
DYOR!
🛠️ ATOM Long Trade Setup 🛠️📈 Analysis:
Market Observation: Layer 1 coins have been performing well recently, with ATOM showing resilience.
Support Area: ATOM is currently trading in a support zone, presenting a potential entry opportunity.
BTC Influence: Considering BTC's potential downward movement, a tighter stop loss is recommended to mitigate risk.
📊 Trade Setup:
Entry: Ladder into a spot long trade in the $11.50 - $12.50 support area.
Target: Take profit at resistance levels of $14.50 - $15.00 or $16.00 - $17.00.
Stop Loss: Place a tight stop loss just below $11.00 to manage risk amid BTC's potential volatility.
🔍 Note: Monitor market conditions closely and adjust your strategy accordingly. Be prepared for fluctuations in BTC's price and its impact on ATOM. Consider setting trailing stops to protect profits.
ATOM: Pullback in UptrendTrade setup : Price is in an Uptrend. Pullback near $12.00 support could be a swing trade entry opportunity in Uptrend, with +20% upside potential back to $14.30. Stop Loss (SL) level at $10.90.
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).
Support and Resistance : Nearest Support Zone is $12.00 (previous resistance), then $10.00. The nearest Resistance Zone is $14.30, then $15.50.
ATOM/USDT Bullish ride boom from demand?🚀 ATOM BOOM💎 Yello ladies and gentlemen! Get ready for an exciting chance with #ATOMUSDT as we've spotted it bouncing around in a range, hinting at potential price movements ahead.
💎 Checking out #ATOM, it's been giving a nod to its short-term resistance (RI). We're eyeing a bullish leap from the demand zone at $9.249, but that's banking on the price keeping up its energy at this level. If it manages to do so, we might just see it bust through RI and embark on a bullish journey.
💎 Ready to catch every opportunity? Keep your eyes peeled if the CRYPTOCAP:ATOM slips below the DZ. In that case, a cool, calculated wait for a bullish swing from the lower demand zone at $8.417 is the move, thanks to the juicy liquidity waiting there. Dipping below that? Brace for a possible dip.
Swing trade setup on Atom coin Atom 4h chart is given. Price did a clear break of structure with leaving Behind a proper Fvg with Order block. And did break previous bearish Order block. That is now breaker Block. Also formed liquidity zones where we will enter Long in our position. This is my idea. What's yours?
ATOM/USDT potential upward move from demand? 👀 🚀Atom💎Paradisers, it's crucial to pay attention as #ATOMUSDT shows significant activity after a rejection at the Fibonacci 0.786 level. This cryptocurrency is now poised for a potential move upward from its current demand zone. If it can sustain momentum, we're looking at a high chance for a strong bullish surge. However, it's essential to remain alert and carefully observe the price action.
💎Adapting to Market Changes: Should #ATOM struggle to maintain its momentum from this demand level, it's time for savvy trading decisions. Adapting our strategy to align with the prevailing market sentiment is crucial. Expectations are set for a bullish rebound from the key support at $12.214, underlining the importance of staying flexible and responsive to market dynamics.
💎Navigating Market Uncertainties: Considering the market's unpredictability, a break below of NASDAQ:ATOM from the key support level would signal that sellers have gained the upper hand, leading us into bearish territory. This development would necessitate a strategic reassessment, as it clearly indicates a shift in market sentiment favoring the bears.
💎 Strategic Considerations for Paradisers: In these times of market fluctuation, keeping a close watch on key indicators and being prepared to pivot your strategy accordingly is paramount. Your ability to adapt and respond to market sentiments as they evolve will be key to navigating the uncertainties of the cryptocurrency market. The Paradise Team is here to guide you through these developments, ensuring you're equipped to make informed trading decisions.
Inverse head and shoulders since 14.50 local top?seems like Atom has been in a slight pullback/ retrace from recent local peak of 14.50. some may even see it as price consolidation around the high $13s - low FWB:14S dollar area. in this recent price action, i can make out what seems to be an inverse head and shoulders on short time frame....target short term(1day) is at the local resistance line of 14.50. if we see a hard rejection, expect further consolidation for a brief time longer, but if it blows thru that price and holds a 4hr candle above, we start heading into the $15-18$ area over the next 30 days. Not Financial advice
ATOMUSDT.1DBased on the provided market data, ATOM/USDT is currently trading at 13.683. It's within a moderate bullish trend on the 4-hour chart (Rsi4h: 60.12, Macd4h: 0.103) and showing strong bullish signals on the daily and 7-day timeframe (Rsi1d: 68.44, Macd1d: 0.909, Rsi7d: 69.88, Macd7d: 0.863).
On the 4-hour chart, the pair is trading close to its first resistance level at 13.901. If it breaks above this level, the next resistance is at 14.582, followed by 15.395. On the downside, the immediate support levels are at 13.401, 12.650, and 12.289.
On the daily and 7-day charts, the pair has strong resistance at 14.535 and 15.500 respectively, followed by 15.940 and 17.184. The support levels are 11.917 and 10.345 for the 1-day and 7-day charts, respectively.
In terms of Bollinger Bands (Bb), the pair is trading below the 4-hour, daily, and 7-day upper bands, indicating that it is not overbought in these timeframes.
In conclusion, ATOM/USDT shows a bullish trend in the short and medium term. However, as the RSI is above 60 on all the mentioned timeframes, it indicates that the pair could be heading towards the overbought territory, which could lead to a potential price correction. Investors should keep an eye on the resistance levels and RSI to watch for potential breakout or reversal signs. As always, it's important to consider other market factors and your personal risk tolerance when making investment decisions.