ATOMUSDT trade ideas
ATOMUSDT LongAtom Buy Limit, 7.17 - 6.90 is demand zone on Cosmos H1 chart. Bulls have enough power to make new higher highs.
atomusdt-mentoringatom was a at some time another hyped project
as all scm-border project
it servs as a platform to create another difrent borderscm projects
( i alllways wonder why to create something "new" insted of implement the idea on btc chain
much secure and totaly decentralised- yes defenatly its harder and many will say
impossibale - well my answer is - ordinals
maby its a total useless for btc
but this "useless" is on a "legit" chain
but doesnt matter
from a trading perspective
from weekly its lookalike reched to bottom and upside is about 6.5x
now headding to 8.219- until reching this target
possibale short long scalps
look for short if reach to 8.219 and close under
look for long if close above 8.533
look for long if retrace to 6.649
look for short if close under 6.275
***
Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles- F.M.dostoyevsky
Bullish View On ATOMUSDT.PBullish bias on atom , atom made a new year low while sitting on a demand zone on the weekly .
The buying zone and why it is considered... Bias (Bullish)
1. This zone represents Market makers activity zone , why ? Because this is an area where manipulation took place
2. The big green candle is an outside bar which represents the manipulation candle aka Stop hunting (highlighted on the chart).
3 . It gives a strong structure break after taking out stops below and this makes this zone valid to take a trade on return to the block .
4. It is advisable to target the high first without making assumptions or unrealistic price target .. .. above all lower time frame gives clearer view to catch opportunities .
5. To follow the trend with this method then every bullish OB with msb is always a safe zone to buy untill the trends changed .
6. Any contrary view or comment , kindly share .thank you .
Note- this is just a review not a prediction or financial advise ,do your home work and act according to your personal conviction and in your very best interest .
Risk management is important to stay profitable
$ATOM* Double Bottom
* Falling Wedge
1HR Chart:
Bullish trend strength: 32
* ADX > 25
* MA7 > MA25 > MA99
* MA50 > MA100 > MA200
* Supertrend is long
* Price > MA50
* Price > Kijun Sen > Kumo
* Chikou Span > Price
* Volume is rising
Bearish reversal potential: 5
* MACD Bearish Cross
4HR:
Bullish trend strength: 19
* ADX > 25
* MA7 > MA25 > MA99
* Supertrend is long
* Price > MA7
* Chikou Span > Price
* MACD > 0
* Upper Bollinger Band Breakout
Bearish reversal potential: 6
* RSI Overbought
* Shooting Star
ATOM Rally Mode: Your Chance to Buy and Prosper!"Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
ATOM IS CLOSE TO REVERSAL POINT! EXTREME RETAIL DISAPPOINTMENT😥ATOM (Cosmos) reached the critical support level. This matches with the retail disappointment. Now they are not waiting for the reversal and #altseason.
💥bullish for us? I'm sure, yes.
ATOMUSDT C&H 15MINHi all! I
I hope this idea is not far from the reality. I see the cup@handle pattern that could bring the price of the asset to the designated area around 7.33.
I hope it will play out!
This is no financial advice, only educational and sharing of my own belief.
Have a nice day!
ATOMUSDT LONG 13/9/2023 Entry: 6.411
SL: 6.24
TP: 6.7
Fake out occurred at the green TL. Try to guess the bottom. Enter 50% of your position first, wait for confirmation breakout TL then enter 100% of your position CL 2%+- Below TL
Green TL at the support draw by connecting low of 18 Aug and 02 Sept
Green TL at the resistance draw by connecting high of 29 Aug and 08 Sept
ATOMUSDTATOMUSDT
Parsing
A symmetrical triangle pattern appeared on the chart. Exits from a symmetrical triangle can be either up or down, depending on which level breaks first. If the price of an asset breaks through the resistance level, then this indicates that an uptrend is starting in the market. If the price of an asset breaks through the support level, then this indicates the beginning of a downtrend.
It should also be noted that the symmetrical triangle can only be applied in certain market conditions, when the price of an asset is in a sideways trend and does not have a clear direction. In short, the symmetrical triangle is the most misunderstood of all triangle patterns.
So far, the following picture has emerged on the global chart:
The main support for atom is at $8.494 and $6.393. In the event of a collapse of the entire market, it is worth looking for rebound zones at these levels.
We would not recommend taking short-term positions yet. It is worth waiting for the breakout of either support or resistance of the symmetrical triangle. In case of breaking through the resistance, it is worth considering the following targets: 17.124 - 19.925 - 23.621 (marked with blue lines on the chart)
If you like the idea, don't forget to subscribe and rate like👍
ATOMUSD ❕ correctionTrading volumes declined on correction.
ATOM has fixed under 50EMA on 1H TF.
I believe the asset will continue to decline.
Project with 20x potential, Atom investing I wrote about this project a few months ago and many people called out that $8 will not budge, but we need to know where the demand is.
Big eco system that needs to do a lot more changes, but I think this is a great price to accumulate if you believe in this project.
This is a monthly graph so it takes time for all this to play out, but is it worth taking the first profit at the highest peak and then a little more if it comes? Of course.
Everyone who short a large market cap knows what the market does when the price goes up.
Tell me your opinion if you like this, and follow for more investing ideas and trading.
ATOM is broken dynamic supporthi every one
As you can see in the chart atom is broken its important dynamic support daily if we can complete the pullback may go down more from here, in my opinion, its better to wait and watch the reaction, best place to buy is around 9$, so be patient and watch the chart
if you want to take a short position,best short entry price is around 11.40-11.44
stop: 11.59
🚨Update #ATOM/USDT:For these types of situations when we are taking quick short swings - always take profits when you are in the green. Remember, it’s like fishing, take small fish. The big fish will come ;). Just saying because I know that many of you are using too much leverage.
💡Trade Idea #ATOM/USDT #Cosmos💡Trade Idea #ATOM/USDT:
Crazy trading idea on #Cosmos. Not financial advice, but we are in an extremely oversold area. At least I wanna see some bounce back up around that key level or to retest my trendline.
ATOMUSDTBINGX:ATOMUSDT.PS
When the price come down from the red line we eait to touch our order block then if you see the return candel you can entry and put your stop loss behind the ordr block.
ATOMUSD ❕ support levelATOM is moving in a descending channel and has now reached a support level.
I think the asset may rebound only after fixing above the upper boundary of the channel.
1D Review ATOM/USDTI invite you to review the ATOM chart in pair to USDT on a one-day interval. Using the blue lines, we can mark the downtrend channel in which the price is moving and we can see that we are approaching the lower border of the indicated channel.
Let's start by marking the price support spots and we see that we first have a $7.05 to $6.03 support zone, however if the price goes lower we have a very strong $5.03 to $3.60 zone and then when this zone is broken, we can see a drop to the $1.77 support area.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has rejected the first zone which goes from $8.39 to $9.41, when we get out of it the price has to go through the second zone from $10.24 to $11.10 and then move towards very strong resistance zone from $12.23 to $13.73.
The CHOP index indicates that there is still energy for the ongoing downward movement, we are in constant rebound on the RSI and we see that each increase gives a quick return to the lower limit of the range, while the STOCH indicator is heavily exhausted, which may give a temporary price rebound.
Brief Analysis——ATOMYesterday, due to the victory of Grayscale, BTC leads the entire market up. Many tokens are seeing gains of 5%+. Although winning the case does not mean that the BTC spot ETF will be approved soon, but the review efficiency will be improved.
Today, we will conduct a brief analysis of ATOM and ONE. They were analyzed before. Let's take a look at their current situation.
As we expected, ATOM fall with fluctuation after the last brief analysis and quickly approached the given support level. Although the bears has weakened since then, the bulls have shown no signs of strengthening, and the price has maintained a 10-day fluctuation. On Aug.15, the price broke through the given support level (green dotted line). ATOM remains bearish on a large scale and has started a new round of decline.
The next strong support level is around 6. But we can see that during this round of decline, the power of the bears has gradually weakened. The slope of the red arrow has changed from steep to flat, while the green arrow has maintained almost the same slope. This shows that the bears has weakened and the bulls has increased.
Conclusion: Mostly fluctuation. The bullish power is gradually increasing, so we believe that ATOM may get into a range. We set resistance level at 7.90 and support level at 7.03, which is near last week's lows.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Cosmos longCosmos bounced off the support level. Asset broke trough off the descending trendline. Bullish movement to resistance level at 8.15 is possible.
