ATOM at a Crossroads: Breakout or Rejection?ATOM just pulled off a little victory, sneaking past the moving averageโbut the real show starts if it can break through that thick red Ichimoku cloud. The big question: will it act as a resistance wall or a launchpad for a move up? That all depends on us holding above that circled area. The marketโs a bloodbath right now, but if weโre gonna see a turnaround, this looks like a prime spot. Targets marked on the chartโnow we wait. Fingers crossed! ๐ค๐ฅ
ATOMUSDT trade ideas
ATOMUSDT UPDATEATOMUSDT is a cryptocurrency trading at $4.670. Its target price is $8.000, indicating a potential 80%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about ATOMUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. ATOMUSDT is poised for a potential breakout and substantial gains.
atom buy midterm"๐ Welcome to Golden Candle! ๐
We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐
Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ
Instead, they reflect our own ๐ญ personal attitudes and thoughts. ๐ญ
Follow along and ๐ learn ๐ from our analyses! ๐๐ก"
atom buy midterm"๐ Welcome to Golden Candle! ๐
We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐
Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ
Instead, they reflect our own ๐ญ personal attitudes and thoughts. ๐ญ
Follow along and ๐ learn ๐ from our analyses! ๐๐ก"
TradeCityPro | ATOM: Cosmos Trends and Key Resistance Insights๐ Welcome to TradeCityPro!
Today, I'm going to analyze the coin ATOM, part of the Osmosis projects and the Cosmos ecosystem, which is currently ranked 49th with a market cap of $1.8 billion.
๐
Daily Timeframe
In the daily timeframe, as you can observe, after reaching a peak at $10.363, a downward trend started, which continued down to the area of $3.562.
โจ Currently, the price is in a corrective phase, having risen from the low of $3.562, and is moving upward. The last major peak is located at $5.082, and the corrective leg could continue up to this area.
๐ฅ The RSI oscillator has moved above the 50 zone, potentially injecting upward momentum into the market, which could help the price reach $5.082.
๐ However, there is a strong resistance range between $5.082 and $5.683. As long as the price is under this range, the buying power is weaker than the selling pressure. But if the price breaks through $5.683, it could move higher.
โ๏ธ The next resistance levels are at $7.469 and $10.363, with $10.363 being particularly robust and visible in higher timeframes as well. The main trigger for a spot purchase would be the breakout of $10.363.
โญ Conversely, if the price rejects from $5.082, the main short trigger would be $3.562. A break below this level could initiate the next downward leg.
๐ Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and donโt forget to share this analysis with your friends! โค๏ธ
#ATOM/USDT#ATOM
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 3.48.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 3.86
First target: 4.09
Second target: 4.28
Third target: 4.53
How Cosmos ATOM Will Outperform Market In 2025?Hello, Skyrexians!
We have already forgot about BINANCE:ATOMUSDT , asset which can only drill the bottom and be weaker than other crypto, but last 2 days it shows strength against all market. While most of coins are below the February 3 low, Cosmos is about escape this dead zone. The Elliott waves order is the king and price cannot be in correction forever, so it's ATOM's time and we will explain why.
Let's take a look at the weekly time frame. We can see two green dots on the Bullish/Bearish Reversal Bar Indicator , both of them have been conformed. They have the great angle with Alligator and have been formed at 0.61 Fibonacci level. Moreover we can see the divergence between first and second reversal bar with Awesome Oscillator. We have a lot of strong signals that bear market is over and now price can reach the new ATH in the global wave 3. We need just wait!
Best regards,
Skyrexio Team
___________________________________________________________
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ATOM ANALYSIS๐ #ATOM Analysis
โ
There is a formation of Descending Channel Pattern in weekly time frame.
After a breakout of the pattern we would see a bullish momentum and can Target for $7.6 in few weeks๐ง
๐Current Price:ย $4.680
๐ฏ Target Price : $7.600
โก๏ธWhat to do ?
๐Keep an eye on #ATOM price action and volume. We can trade according to the chart and make some profitsโก๏ธโก๏ธ
#ATOMย #Cryptocurrencyย #Breakout #TechnicalAnalysisย #DYOR
#ATOM #ATOMUSDT #COSMOS #Analysis #Eddy#ATOM #ATOMUSDT #COSMOS #Analysis #Eddy
It is never too late to buy and invest. Do not rush and do not be fooled by the positive movements and reactions of the market. Wait for the price to reach its valuable areas. In the analysis of the Atom currency, as you can see, there is a strong demand area that is intact. Be patient until the price falls from the decision or extreme flips to the green area of โโthe important demand area. Be sure to check this currency in your monthly time frame and draw the areas. Then refer to the weekly, daily and four-hour time frames and draw the lower time areas and look for confirmation for volatility.
Do not rush to invest and buy spot and let the price reach the support area.
Important areas are drawn and labeled so you can make informed decisions.
Good luck.
ATOMUSDT Nearing a Breakdown โ More Pain Ahead?Yello, Paradisers! Is ATOMUSD gearing up for a deeper decline, or can the bulls pull off a breakout reversal? The latest price action suggests a major move is coming letโs break it down.
๐#ATOMUSDT remains in a strong downtrend, repeatedly rejecting from the key resistance trendline and the 200 EMA. The latest attempt to break above the supply zone $4.445 was firmly rejected, reinforcing bearish control. Sellers continue to dominate, keeping the price below the $4.445 supply zone, making ATOM vulnerable to further downside. Until this level is reclaimed, the trend remains bearish.
๐The next key downside target is the $3.740 support zone, where a temporary relief bounce could occur. However, if selling pressure persists, ATOM could drop further toward the $3.482 major support, a historically strong buying area.
๐For the bulls to regain control, #ATOM must break above $4.445 and push beyond the 200 EMA near $4.80. However, a true trend reversal will only be confirmed if ATOM closes above $5.90, invalidating the bearish setup.
Stay patient, Paradisers! The market rewards discipline. If we see confirmation, we take action. If not, we wait. Trade smart, not fast!
MyCryptoParadise
iFeel the success ๐ด
Golden Buying Opportunity on ATOM (1W)The correction on ATOM started from the point where we placed the red arrow on the chart.
This correction appears to be either a Diametric or a Symmetrical pattern.
A wave X or wave I to the upside is expected from the Entry levels.
We are looking for buy opportunities in spot at the Entry levels.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
ATOM $2.50/$3 - $20 Monthly SOW/BOS RetestA Weekly Buying Climax in Macro Distribution supports a movement of altcoins in 'alt season' (a buying frenzy at the top) - something a lot of people are starting to think won't happen, but probably will after they panic sold once weekly support breaks.
There is a lot of seller liquidity available over the past few months and people are fickle enough to FOMO back in at a higher price after support breaks and they sell the bottom.
This is all on the basis that Bitcoin does not fall below 74k.
I know things look bad, but for everything to crash now just seems way too easy and obvious. So this is my plan!
atom buy midterm"๐ Welcome to Golden Candle! ๐
We're a team of ๐ passionate traders ๐ who love sharing our ๐ technical analysis insights ๐ with the TradingView community. ๐
Our goal is to provide ๐ก valuable perspectives ๐ก on market trends and patterns, but ๐ซ please note that our analyses are not intended as buy or sell recommendations. ๐ซ
Instead, they reflect our own ๐ญ personal attitudes and thoughts. ๐ญ
Follow along and ๐ learn ๐ from our analyses! ๐๐ก"