ATOMUSDT trade ideas
Cosmos (ATOM) analysis: New rubric "Where is the BOTTOM?"Hello, everyone!
Let's continue to analyze fundamentally strong crypto assets which I am going to buy at the very bottom. Now it's time to predict where the bottom for ATOM is gonna be.
Using trading chaos approach I defined the Elliott waves with the order you can see on the chart. You can tell me that wave 2 is too deep, but I have the evidence that it's correct. Look at the Fibonacci extension 1.61 - the natural wave 3 target. Price has reached this target perfectly. After that price has printed the wave 4 which is represented as a triangle correction. I think now ATOM is in wave 5 because it broke down the key fractal level.
The most important question: where is the gonna be the bottom. My answer is $3. There I will buy ATOM for the new bull run. This target was calculated according to the Tom Joseph's methodology. Bill Williams linked to his approach that's why I use it here.
Best regards, Ivan
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✅TS ❕ ATOMUSD: kept the support level✅✅ ATOMUSD is moving near the upper limit of the channel.
The chart has once again held the support level.
We believe that the price of the asset will continue to rise. ✅
🚀 BUY scenario: long to 12.639 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Cosmos is in a potential accumulation stage - Cosmos is in a potential accumulation stage (market structure). You never know if the price will break out higher or continue the downtrend.
Next, there’s a buildup formed around the 11.49 resistance area.
This tells you one of two things:
1)The buyers are willing to buy at higher prices, even at resistance; or
2) there’s a lack of selling pressure, and that’s why the price is unable to move lower. Whatever the case, this is a sign of strength.
So to trade the breakout, you can go long with a buy stop order above the highs of resistance (entry trigger). Your stop loss goes 1 ATR below the lows of the buildup (exit when you’re wrong) and you can trail your stop loss to ride the potential trend (exit
when you’re right).
Reference: The rights here for this is part of the learning course and trading strategies that can be found here: www.tradingwithrayner.com
ATOM 💥 4D Bull Flag Break💥out and at Retest Hello Traders,
This Beast looks like its ready for take off 🚀🚀🚀
At the time of charting Cosmos price today is $13.29 USD with a 24-hour trading volume of $229,589,700 USD. We update our ATOM to USD price in real-time. Cosmos is up 3.32% in the last 24 hours. The current CoinMarketCap ranking is #20, with a live market cap of $3,805,684,402 USD. It has a circulating supply of 286,370,297 ATOM coins and the max. supply is not available.
10.644 in in invalidation
Always DYOR
Stay Safu, Let that sink in.
🔥 ATOM 10 Month Triangle Break Out: Weakness IncomingIn my last ATOM analysis I already talked about this triangle and that I expected some kind of bounce. My initial target was the top resistance of the triangle, but after a 15% move we fell back down.
Since we've now fallen through a 10-month support, I think that we're going down more.
I'm looking at 10 and 9 usd targets.
[cosmos] by qikoToday, I bring forth a fascinating analysis of ATOM.
Since its low in March 2020, ATOM has experienced an impressive 4100% increase at its peak. Subsequently, ATOM descended in five waves, with the 5th wave truncating, signifying the inception of a downtrend.
I anticipate the swing highs to be surpassed for Wave B before resuming the downtrend to complete Wave C.
Wave B Target: ~ 26
Wave C Target: ~ 3
ATOM-USD✦SHORT TRADE SETUP✦ONE HOUR✦ATOM (COSMOS) is moving in a bearish direction and making a Bearish Flag Continuation Pattern. In addition, the presence of divergence is negative. Therefore, this trade setup is designed to have a SHORT TRADE opportunity over one hour time frame. Projected Price is given in dashed line. Risk Reward Ratio is set to 2% of the total portfolio.
ATOM can increase a lot pretty soon!ATOM is going to create a big double bottom pattern which means the price shall increase a lot ! the second Bottom will be created soon and afterward we shall expect the price to increase as much as the measured price movement (the length between the top and the bottom of the pattern) and reach 15.85$
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
ATOM/USDT Secondary trend. Right shoulder area.Secondary trend. Time frame 1 week. Logarithm. Showing % of potential reversal zones depending on the overall situation in the crypto market.
Coinmarketcap : Cosmos
Line graph.
Local trend. Pivot zone. Time frame 1 day.
Main Trend Look at my previous idea published half a year ago by clicking on the "play" button on the price chart.
ATOM/USDT Main Trend. Channel. The important zone.