🔥 ATOM Looks Great: Bullish Retest Confirms TrendATOM broke out of a rising wedge pattern around two days ago. After reaching both my initial break out targets, it's time to take a look at the week(s) ahead.
After the break out, ATOM retested the top resistance of the pattern as support, which is classically seen as a bullish confirmation of the trend.
In my view, we're likely to see more bullish price action. I'm looking at the recent tops in blue for my targets.
ATOMUSDT trade ideas
✅TS ❕ ATOMUSD: broke up a channel✅✅ ATOM continues to move in the upward direction.
The price broke through the descending channel.
I think ATOM can continue to grow. ✅
🚀 BUY scenario: long to 15.62. 🚀
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ATOM/USDT might for for upper zoneHey Traders!
Next one on our watchlist is ATOM coin. We noticed a nice breakout from triangle formation which did not lead BB or RSI into overbought zone. We see a good possibility for this coin to go for upper zones near $17.30 where we might see a pullback back to $12.50
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atomusdtWe have a strong supply zone around $14.1 to $14.75.
Considering the weakening of the upward trend of this currency and macroeconomic data such as the determination of the interest rate by the Federal Reserve in the remaining hours of the day, I expect the price to rise to around $14.3 and then drop to around $12.5
Atom analysisWhat Is Cosmos (ATOM)?
In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.
Atomusdt: Buy TIMEHello Traders!
Welcome back to another trade with analyst Aadil1000x.
On Monday, the market was strongly bearish and failed to reverse from the True reversal point multiple times. Today market looks bullish and we are ready to buy atom from the key reversal area.
Atom Buy limit 13.388
Stoploss 13.126(-1.96%)
Target 1, 13.82(+3.2%)
Final Target 14.349(+7.18%)
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$ATOM - Cosmos Layer 1 - 50% Potential$ATOM - Cosmos Layer 1 Blockchain - 50% Gains Potential
Developers have built hundreds of blockchain projects on Cosmos, including Binance Chain (BNB), Terra (LUNA), Crypto.com Coin (CRO), Cosmos Hub (ATOM), and more.
On a successful break out of $17, $ATOM has a potenital of 48% Gains,
Aggressive entries only here, will be adding on a clean break out above.
Support Levels - $10.5 ,$12.2
Next resistance - $16.5,$21.3,$25.5
Invalidation clean break below $9.5
ATOMUSDT | BREAKOUT LOADING...ATOM has been formed a rounding bottom pattern.
The price is currently trading near horizontal resistance.
The same zone is also a breakout zone.
The price from last 10 days is trading near the breakout zone and has multiple attempts to break above but failed.
We are expecting a breakout above the zone.
Manage your trades accordingly.