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ATO

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A bullish Ascending Triangle for ATOM?A little take on ATOM. Weekly got Charted here. It seems that ATOM could be moving within an Ascending Triangle. An Ascending Triangle is a "Bullish" continuation pattern, so this means if Price comes in, in an Uptrend there's a higher probability that it will break higher and vice versa. I did use the Heikin Ashi candle in this chart, since it gives you a clearer view on the current "Trend". Presently, it seems that the current Downtrend is weakening and that there's a Chance of a reversal, the MACD also do start to "Confirm" that. Also, the Fibonacci Golden Pocket got retested again, we have seen a beautiful bounce of that. Coming back to the Ascending Triangle, of course a breakout can occur way earlier than shown here, but usually price moves withing the pattern until the apex is reached. In that case, ATOM could range between 30-40$ for Weeks to come now until breaking higher. After a Breakout, preferably there's going to be a retest and a Bounce of the upper Trend line that got broken. Measured Target would be at 59.70$ KEEP IN MIND: The World is in a Volatile situation, so this always can turn to the opposite. If you like my Content, hit the 👍 and/or comment and make sure to follow. This Analysis is not intended to be investment advice. Always DYOR.
COINBASE:ATOMUSDLong
by blauersamt
2
Long - COSMOS ATOM MACD Divergence on WEEKLY Timeline We had a bullish divergence in the weekly time frame on the MACD indicator. Last time this happened we had a 300% bullish run. Following the current trend-line, ATOM might be able to break through the short and long-term resistance levels. I personally think ATOM - COSMOS is a good project in the crypto scene and one that is currently undervalued. I would put the future worth of cosmos - atom somewhere in the thousands near the early days of bitcoin ($2500+). I don't know if this will play out but I do love the idea and thought it was interesting. Please feel too judge this analysis yourselves and let me know what you think in the comment section below.
KRAKEN:ATOMUSDLong
by ykpro
Rounded Bottom & Downtrend BreakATOM breaking the downtrend on pretty strong volume. Nice rounded bottom this time around for a possible "Adam & Eve" double bottom. Much better symmetry the past couple months as supply gets digested more constructively. Let's see if we can get over the $35-37 resistance. This coin has frustrated many longs and has likely shaken out all the weak hands by now. Those that remain are strong hand, long-term holders and shorts will try to fade this. Makes me think we actually go to ATHs and rip higher than everyone thinks.
COINBASE:ATOMUSDLong
by ZenTradesRW