Atom Breaking Out
Formed & Breaking Descending Channel In Daily Timeframe Incase Of Breakout Expecting 65 - 70% Bullish Rally Keep Eyes On For Breakout
ATOMUSDT trade ideas
ATOM Cosmos and the Altcoin Season ThesisThe recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ATOM Cosmos, for which my price target is $11.15.
Looking forward to read your opinion about it!
ATOMUSD ❕ fixed under the channelATOM fixed under the ascending channel and the chart formed a downward movement.
The price has fixed under the 50EMA on the 4H TF.
I expect the continuation of the decline.
Cosmos longCosmos bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 10.1 is possible.
ATOMUSDT ANALYSISTop down analysis on ATOM potential swing short opportunities lining up this week. Monitoring 4H TF for valid entry confirmations. I hope you enjoy my perspectives, please comment below anything you would Like me to breakdown next.
SasanSeifi 💁♂️ATOM👉1D ⏩ 10.20$❗Hey there,
🔱In the daily timeframe chart, You can see that after a drop, the price has been bouncing back with some positive movement from the $8.50 range. And then, it found support again at around $8.50 after a small correction. Right now, it's trading around $9.40. Here's a scenario to consider: if the $8.50 support level holds, we might see the price grow towards the important resistance level at $10 / $10.20 and create a new high. To understand the next move better, let's see how the price reacts to those resistance levels!
🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach.
Wishing you loads of success in your trading adventures, my friend!✌️
❎ (DYOR)...⚠️⚜️
🔹Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
ATOM/USDT 4H Interval ReviewHello everyone, I invite you to review the ATOM chart in pair to USDT, like its predecessor on the four-hour interval. First, we will use the blue lines to mark the downtrend channel in which the price is moving.
Going further, we can move on to selecting support places, for this we will use the trend based fib extension tool. And here we will mark a significant support zone from $8.16 to $6.91, however, when the zone does not hold the price, we can see a drop around the second very strong zone from $5.90 to $4.91.
Looking the other way, we see that the price is moving towards an important resistance zone from $10.54 to $11.37. If it manages to break out of this zone upwards, the price will move towards a strong resistance at $12.56 and further to the resistance at $14.05.
Please look at the CHOP index, which indicates that the energy for the moment is used, the MACD indicates that we are moving in a local downtrend, while the RSI has a significant rebound to the lower part of the range, which may give a change in the trend in the coming hours.
ATOMUSD ❕ tests the supportTD Sequential has formed an up reversal signal on the 1H TF.
RSI is moving in the buy zone (4H, 1H and 30m TFs)
I believe ATOM will continue to rise if it holds support.
The key is whether it can rise with support from 9.603-9.999Hello?
Traders, welcome.
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(ATOMUSDT chart)
Looking at the 1D chart,
A rise above 9.603 indicates that the CCI indicator has exited the oversold zone.
Accordingly, the key is whether it can rise with support around 9.603-9.999.
If it rises above 9.999,
1st: 11.992-12.881
2nd: 14.319-15.083
Split selling is possible when resistance is received in the first and second sections above.
However, it is expected that a full-fledged upward trend will begin only when it rises above 14.319.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** Even if you know other people's know-how, it takes a considerable period of time to make it your own.
** This is a chart created with my know-how.
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✴️ Cosmos Gets 2 New Bullish Signals Today (Fast 70%+)Cosmos (ATOMUSDT) trading above its November 2022 low and moving above EMA50 today is all you need to know, truly.
A 70% jump can happen anytime now where Cosmos blasts through all the different resistance levels. This is only in the short-term.
There is huge potential for this now obvious bullish wave that is taking place.
Will it last for weeks or months?
Namaste.
ATOMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Targets: 13 - 16 - 20
after first target reached move ur stop to breakeven
Stop: 5.7 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Big blast in AtomHello Traders!
Welcome back to another trade with analyst Aadil1000x.
This is going to be a crazy fall as it has left a point at 6.5, which will be tested, and this is the perfect time for that move. In a small timeframe, there is resistance and there is a breakout but the market will form a reversal pattern and will dump hard.
Atom Short Now @ 6.581
Stoploss 9.989(-4.19%)
Target 1, 8.319(+13.1%)
Final Target 6.50(+32.03%)
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ATOM/USDT inside the trend! Hey traders 👋
ATOM coin is next that caught our attention here! Trading inside the uptrend (which is still not fully formed as we need 3 zone touched on each side). Currently price rejected the crossover of RSI and also the 200EMA line showing us the weakness it has currently. We are not rushing here and waiting for further confirmations, but overall picture should be clear here!
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Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Shor ATOM NASDAQ:ATOM bounced off the resistance level and broke through the ascending rendline. Decline to $7.7 is likely to happen next.
ATOM USDT | symmetrical triangleWe are in a long-term symmetrical triangle
If the triangle is broken and the support is broken, we will fall to the given targets
And if the trend of altcoins becomes positive, in the conditions we showed in the analysis, there is a possibility of price growth up to 15 dollars
Atomusdt: Bulls are readyHello Traders!
Welcome back to another trade with analyst Aadil1000x.
This is a good time to Buy Atom as there is a breakout and a reversal pattern after that. I am expecting more than 6% rise in this bullish move.
Atom Buy now @9.197
Stoploss 8.891(+3.34%)
Target 1, 9.52(+3.47%)
Final Target 9.841(+6.96%)
Don't forget to hit the like button and follow to stay connected.
Cosmos longCosmos bounced off the lower boundary of ascending channel. Bullish movement to resistance level at 9.744 is possible.
ATOM has a nice divergence in playATOM has a nice divergence in play
ATOM is showing a really nice bullish divergence here and looks like it could pump from here quite easily. There is a strong bounce from the 20 Daily EMA along with a trendline breakout on the RVOI. Liking the look of this one.
ATOMUSDT.1DHello Crypto Lovers, This is a 1D frame analysis for ATOMUSDT After hitting the second support line, as you can see, the price was able to move up again and support the price. Currently, the price is below the first resistance zone and we expect it to reach the first resistance zone. If it fails to establish itself above the resistance zone, we expect to see a price correction. However, if it is able to break through the resistance zone and establish itself above it, we expect a price increase. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
#ATOMUSDT (Trade Setup) 4-2023 #ATOMUSDT RISKY (Long Term)
Buy : 12.75000000 - 10.92101569
E-AVG: 11.82371356
Take - Profit Targets:
Target 1: 14.02500000
Potential Profit: 10.00% / 18.62%
Target 2: 17.21250000
Potential Profit: 35.00% / 45.58%
Target 3: 22.31250000
Potential Profit: 75.00% / 88.71%
Target 4: 31.87500000
Potential Profit: 150.00% / 169.59%
Stop-Loss: 10.64134221
Signal R/R: 10.00% / 169.59%
Potential ROI : 67.5% - 80.62%
Risk Percentage / Position size : 1%
Exchange : Binance, KuCoin, ByBit,
Duration: 15-90 days
Confidence in Trade : Medium
Technical Analysis:
Disclaimer
The Cryptocurrency market is very volatile and involves gains and losses as well, so know very well what you are heading towards before engaging in it.
Ultimately, the decision to buy or not is yours, and you are solely responsible for it.
We wish you safe trading and profitable days ahead!
we ask Allah reconcile and repay.
ATOMUSD ❕ bullish sentementATOM has fixed above 50EMA on 1H TF.
The RSI chart is moving into the buy zone at 4H, 1H and 30m TFs.
I believe that having broken through resistance the asset will continue to rise.
ATOM impulsive dump to $5.58I am currently tracking sub-wave C of wave 4 which should end at around $9.25 - $9.42 followed by a dump to $5.52 for wave 5 of larger degree wave (A).
Invalidation for the down move sits at $10.2 where you could place your SL.
Cosmos shortCosmos bounced down off the resistance level. Asset broke trough the ascending trendline. Bearish movement to support level at 7.75 is expected to happen.
