ATOM is not looking goodI am expecting higher high with bearish divergence or double top: we touched VWAP and there is some kind of diagonal resistance, filled monthly FVG. The daily is broken so v shaped top is in play too. I'd like to see retest to have a nice entry and down to 4.2. If that won't hold then lower to finish the pattern.
ATOMUSDT trade ideas
🔥 ATOM Massive Triangle ReversalI've made several analyses on ATOM and the massive triangle pattern it has been trading in since June 2022.
Since a couple of days, ATOM is finding support around the bottom support line of the triangle. In my view, there's a decent probability that ATOM will reverse from this point onwards and go back up.
I'm looking at the top resistance of the triangle as a potential target.
✅TS ❕ ATOMUSD: downtrend✅✅ ATOM/USDT moves in a downtrend.
The chart has returned to the downtrend channel.
Price will continue to decline. ✅
🚀 SELL scenario: short to 10.591. 🚀
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ATOMUSDTThe price has corrected to the Fibonacci retracement levels of 0.705-0.786 and currently at the point of control, where the most volume has been traded. This indicates that the asset is experiencing significant interest from traders and investors.
The ascending structure with three completed higher lows on the three-day chart implies a bullish signal, which may suggest a potential upward trend.
According to your indicator, the asset's momentum has almost reset. You believe that the price might need to experience some sideways movement before breaking out of the current range in the direction of the mentioned targets.
The first price target is $25 area, and the second price target is $35 area. These targets may provide potential profit-taking opportunities for traders and investors.
ATOM/USDT what do we see here? Hey guys 👋
ATOM coin has had a nice bounce from that lower support zone where currently it is going for those upper zone to claim them. We are going to wait for that upper zone to be secured by bulls before we enter the position but overall view should be seen here.
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Atomusdt: Short this pumpHello Traders!
Welcome back to another trade with analyst Aadil1000x.
Today we are going to sell the atom as it has formed a 'J' pattern above the trendline which is a sign of a bearish move.
Atom Short now @ 11.39
Stoploss 11.647(-2.12%)
Target 1, 11.107(+2.6%)
Final Target 10.781(+5.47%)
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ATOMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed since my last idea, everything is relevant, still waiting for +-20$ zone.
Entry: market and lower
Targets: 16 - 18 - 20 and maybe ~22(not sure)
after first target reached move ur stop to breakeven
Stop: agressive 10.2, conservative 8.8 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4.5
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions
🔥ATOM CLOSE TO HUGE VALUE AREA: $20 IS STILL POSSIBLE🔥Hi, friends! dYdX migrates from Ethereum to Cosmos (ATOM) blockchain.
USDC's co-issuer, Circle, has also announced the launch of a stablecoin on the Cosmos network.
This fundamental news can trigger ATOM growth up to $20. We should pay attention to the chart and find the best entry point before 90% growth.
📊 TRADING PLAN FOR ATOM:
🔥 test the $9.5-10.5 value area as the support
🔥 volume growth
🔥 squeeze to the trendline
🔥 bullish BTC is a must-have for altcoins growth
✅ MY LONG TARGETS FOR ATOM:
1. $13.5 - the key level
2. $15.5 - the key level and local high
3. $20 - the even number and key level
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P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.