ATOMUSDT trade ideas
is Atom ready for break out?if you look at the chart you can see a big inverse head and shoulder is formed.
this is a good sign that tells us soon or later price will break above the pattern
and rise. at the moment price is moving in a triangle too.
also price is closed above daily 200 MA signs for more upward pressure.
so either now or later we should expect more upward pressure on this Alt coin.
if you look on some other Alts you can see almost same pattern has formed.
this tells us we can expect a nice bull trend on Alt coin market soon.
the target would be the resistant levels at the case of break out this neckline.
Enjoy the market
#ATOMIt is located at the bottom of the corner of its own long-term ascending channel.
It has corrected more than a third of the previous wave, which can be placed in the third ascending step.
You can apply for a long position until the dynamic trigger, and if the trigger fails, it can have upward targets of $18 and $22.
The bottom of the previous analysis wave will be invalidated.
Time for a strong dipHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we are shorting atom because of the Reversal pattern at peak.
Atom Short Now @ 12.591
Stoploss 12.998(-3.17%)
Target 1, 11.966(+5.02%)
Final Target 11.313(+10.17%)
Don't forget to hit the like button and follow to stay connected.
ATOM USDT | Short to mid term trade #ATOM/USDT
🟢Entry price: from now to 11.2 to 10.5
🟢 from 11 to 10.5 is a good entry point but if you want to get more safe I think waiting to close weekly above 12.2 or trading the breakout of 12.2 (200MA on daily frame) will be more safe.
🎯Targets:
|> 12.2
|> 13.35
|> 14.45
🔴Stop-loss: Daily close under 10
➡️Recommended risk: 0.25%
➡️Recommended Position Size: 5%
stay safe and thank you !
✴️ Cosmos | Multiple Signals & PatternsFirst, we have the Elliot Wave count with its impulse followed by a correction.
The correction created the Adam & Eve pattern which forms at support levels/bottoms.
Finally we have the indicators such as the strong RSI, rising volume with prices trading above EMA50 and MA200.
7 Days closing green... Normally this type of consolidation leads to strong moves, a sudden jump up.
We are about to witness something quite interesting that we haven't seen in a long while, it should be fun or I should say profitable.
Enjoy your Saturday/Sunday, depending on where you live.
You might be on break, but it is always work for me... You can still read! 😄
Namaste.
ATOM | Head and shoulders patternHello
We reviewed Atom cryptocurrency on a monthly time frame
We are in a head and shoulders pattern
Everything tells us about the growth of this cryptocurrency
We must break the neck line of the pattern
and look for a position to the purchase
If the neck line is not broken,
risk a price drop
Good Luck
ATOM: A Buy Opportunity Near 10.80ATOM: A Buy Opportunity Near 10.80
ATOM is moving within a Channel pattern and it looks
like the price will test the bottom of the pattern again.
It looks like a very good pattern considering the previous bullish waves.
If the price will test 10.80 area again it has a higher chance to increase again.
However, this is a process that should be monitored again.
Thank you and Good Luck!