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Cosmos / TetherUS

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ATOMUSDT trade ideas

ATOM/USDT | 1d 👀#ATOM: We are witnessing a breakout from the trend, and it's maintaining a solid grip on a key support level. These indicators are reinforcing my confidence in this trade, making it a noteworthy option to explore. 📈🔍 ✅ 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 #Coins #Cosmos #Trading #ATOM
Long
by Nyskohuz
ATOM/USDT 1D Interval ChartHello everyone, I invite you to review the ATOM chart in pair with USDT, on a one-day time frame. First, we will use the blue lines to mark the downward trend channel in which the price is moving in the lower range, and it is also worth using the yellow line to define the downward trend line from which we can see that the price has gone up. Going further, we can move on to marking support areas in a situation when the price returns to a strong correction, for this purpose we will spread the Fib Retracement grid and we can immediately see that the price is struggling to break out of the very strong support zone from $8.01 to $5.52. Looking the other way, we see that first there is resistance at $10.35, and then we will be able to see an upward movement towards the strong resistance zone from $12.99 to $14.81. Please look at the CHOP index, which indicates that there is still energy for a move, the RSI indicator approached the upper limit, which resulted in another rebound, similarly you can see on the STOCH indicator that when it went up, from the upper limit of the range, the price started to turn back and you can see that I have room for a bigger drop.
by cryptodailyuk
ATOM/USDT Break the Key Level area. Ready to Upward Momentum ??💎 ATOM has certainly captured the attention of market enthusiasts. Presently, ATOM has managed to break free from the descending channel pattern, bypassing the typical retest at the pattern's resistance trendline. This is due to ATOM's swift move past the supply zone, solidifying its position above it. As a result, ATOM's focus now shifts to a retest at the current demand zone, with a probability prospects of further upward progression towards our anticipated supply targets. 💎 However, should ATOM retreat to the $7.5 demand zone and breach it, the next potential support lies at $7.19. Interestingly, this level coincides with the aforementioned resistance trendline, making it a pivotal point for ATOM's potential rebound and continued ascent. 💎 On the flip side, if ATOM struggles to hold the $7.19 demand zone and breaks below, it could signal a bearish trend. In such a scenario, ATOM might be on a downward trajectory, targeting its primary support levels.
by MyCryptoParadise_Nathan
1
COSMOS ATOM: THIS WILL PUMP AFTER BREAKOUT?Having cool fundamental analysis on BINANCE:ATOMUSDT , I discovered the following: Low Emission Rate Next Unlock Is 309 Days from Now Aggressive Development on Cosmos Github Repository Huge and Growing Ecosystem Technically; It is currently at its historical support We will wait for a breakout of the current downtrend What are your thoughts about this analysis? Let me know in the comment box. If this analysis makes sense to you, follow me now and support my idea.
Long
by CryptoNiche
11