ATOMUSDT trade ideas
🔥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
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥✅THE BEST TRADING PLAN FOR ATOM: $10 IS A CLOSEST TARGET🔥 Hi friends! Today I'll show you the most possible trading plan for ATOM.
We see how the price bounced from the $9.8-10.3 value area. I think it will happen one more time because this value area is strong resistance to the price.
✅ Now we should wait for some pullback to enter a long with a target at $10 as it is shown on the chart.
The price can go even higher if it breaks the value area and tests it as support! But when the price reaches this value area, I recommend you keep your attention on the chart. A false breakout is a very common thing after such growth.
🚩 If we compare the previous example to this situation, we will see that after the first test of the value area the price fell by -15%. The same can happen this time.
✅ The short target is an $8.5 key level and even lower to $8.
🔥 Stay tuned to get more updates and ask questions in the comments to get help in trading!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Cosmos coin is in an optimal buying zoneThe price of Cosmos coin is currently in the optimal buying zone, ranging between $11.41 and $10.31, with a local selling target of $19.54. This asset is in an uptrend, which is a favorable factor for further price growth. In case the price falls below the upward trend, a stop loss is set to protect the position at $8.43. The setup is expected to be realized in April. Additionally, there are plans to double the position after overcoming the downtrend.
ATOM - Once a Beast; Always a Beast 🦾Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ATOM has been overall bearish trading inside the falling broadening wedge pattern in red.
🏹 For the bulls to take over long-term , we need a daily candle close above 13.5 resistance.
Meanwhile, If we retest the blue support around 10.0, we will be looking for buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Cosmos (ATOM) formed bullish Gartley for upto 13% pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin.
Previously I shared a long-term trade setup for ATOM, which is still in play as below:
On a 4-hr time frame, ATOM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ATOMUSDT - 12h timeframeI have entered into a long position in Atom as I believe that wave 2 on the 12-hour timeframe is soon to be completed. This gives me reason to believe that wave 3 will soon follow, which I plan to ride in order to profit from the price increase.
It's important to note that the Elliott Wave Theory is not a guaranteed predictor of market trends, and conditions can always change. However, I believe that the current market conditions suggest that Atom is poised for a price increase, and I am confident in my decision to enter this long position.
As always, it's important to closely monitor market conditions and adjust your position accordingly. However, I am optimistic about the potential for profit in this long position and am excited to see how it develops.
BINANCE:ATOMUSDTPERP
Long Entries:
11.52
10.95
9.79
TP Levels currently only ideas and not finally planned:
18.83
26.37
ATOMUSDT is forming the pennantATOMUSDT has recently tested the 0.618 Fibonacci level inside a descending channel . The fact that the price tested this level suggests that there may be some support at this level, which could potentially lead to a price reversal.
Currently, the price is forming a pennant pattern below the 4-hour supply level . A pennant pattern is a technical analysis pattern that usually forms after a strong price movement and consists of a series of lower highs and higher lows, converging towards a point. This pattern typically signals a continuation of the previous trend after a breakout from the pattern.
Therefore, if the price breaks out above the pennant pattern and the 4-hour supply level , it could be a signal for traders to go long on the asset. However, it's important to follow Plancton's confirmation rules before taking any trading action.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
ATOM: Resistance BreakoutCosmos (ATOM) technical analysis:
Trade setup : Price broke back above down trendline and 200-day moving average, which is bullish and could revisit $16 level. Note that it made a Higher Low, which is also a sign of Uptrend. Upside to $16.
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $12.00, then $10.00. The nearest Resistance Zone is $16.00.
ATOM - To the top of the Monthly RangeI can see ATOM pushing towards $16 although top of the range is around $17
This is valid if ETH/BTC makes a push to the upside which would then equal to an alt rally at least during the weekend, the FOMC will be a good trigger for either the upside or downside depending on what they decide.
ATOM: The Crypto Catalyst Set to Shake the Market!I have found that simplicity often leads to success, which is why I have approached the analysis of ATOM with a straightforward mindset.
I'm eager to hear your thoughts and opinions on this matter, as I believe that open discussion and collaboration can lead to innovative solutions.
Moreover, I strongly believe that the strategy of thinking simply can be applied to all aspects of our lives, not just in the realm of cryptocurrency. By cutting through the noise and focusing on the essential elements, we can achieve greater clarity and make more informed decisions.
So, what are your thoughts on the benefits of simplicity in both cryptocurrency analysis and everyday life? Let's discuss and explore this concept further.
What is you target for ATOM?