Atom is not gonna go through supportATOM is a pretty easy coin to trade. Its always between 22 - 35 ish and support and resistance are clear to see. For something like this, you're almost right. And in this case, I'm prop right
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ATOUSD trade ideas
Accumulate below $30, get ready for potential price discoverygm fren,
Increased my bags recently around $28, if the overall trend remains bullish, I think we will see COINBASE:ATOMUSD enter price discovery.
You can also accumulate below $30 and sell around $35 for a "safe" short term 15% markup. Possible we make a couple of round trips between $30 and $35.
Long term outlook remains good because the COINBASE:ATOMUSD ecosystem is very strong and promising.
Invalidation would be if we tank below $26 in which case make sure you have your diaper on.
DYOR
ATOM / USD Main trend. A cup. Triangle. 18The chart shows the main trend of a cryptocurrency like ATOM against USD. A cup with great potential has formed. Now, after the breakdown of the resistance of the cup, a rollback is taking place and the same huge symmetrical triangle is being formed. Entering the side of a breakout on a breakout or pullback.
If there is a breakout downward, a downward channel will form which will act as a handle to the Cup and Handle formation.
If this triangle is broken upwards - working out first the targets of the triangle and in the course of the trend and cup targets. One of the few trading tools worthy of attention among the thousands of menageries of the crypto "scam of faith".
This cryptocurrency is suitable for accumulating large positions and as a result of positional trading or just banal investment (my article in 2018 "Active Hold").
I have been trading this cryptocurrency for over a year. My trading ideas are published on this site for trading this pair, secured under the description. See for yourself the accuracy of the forecasts. I trade in two pairs against USD and BTC, using the difference in cycles in these pairs.
I am very pleased with the work. Compound interest works wonders. The main thing is to be able to wait and be flexible in work, working in two directions. An revision will most likely bypass this cryptocurrency, but it will quite possibly give an excellent opportunity to purchase.
I wish all smart people a big profit in the market, as well as patience and understanding of future events.
ATOM 8-12%+ gain high probability target detected 🚀 ATOM is being a bit late to the game. There is sufficient upward momentum left for an easy gain of about 8-12%. I expect for price to drop down a bit to touch the support zone around $26.70. After that the price will most likely pop and spike up like we have seen in other cryptos in the past couple of days. I'm going in for a conservative gain of about 8%.
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ATOMUSD H8: 175%+ gains THE BEST Level to BUY/HOLD (NEW)Why get subbed to me on Tradingview?
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ATOMUSD H8: 175%+ gains THE BEST Level to BUY/HOLD (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ATOMUSD H8 chart review
::: UPDATED/REVISED OUTLOOK
::: chart looks good / IHS in progress
::: setup still valid as of right now
::: noteworthy compression in progress
::: expecting one final pullback soon
::: get ready to BUY LOW later
::: best reload bulls near 15/16USD later
::: expecting 175% bull run
::: re-test of neckline level near 42 USD
::: perfect target for a swing trade
::: BULLS stay out be ready later
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +175% gains later
::: expecting decent gains soon
::: 30-45% CORRECTION short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +175% gains / 42USD
::: BEST reload BULLS near 16 USD
::: TP BULLS is 42 USD final exit
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ATOM/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
If you press play on the previous chart, you'll see that wave 1 has been completed and wave (2) has also completed and retraced a bit further than predicted. Prediction was 36 and we got 22 lol. The start of this new wave is 20 so If this new impulse wave is correct the bottom of wave (2) is already in and we should be working towards wave (3). If this chart plays out then it would be safe to say that we're in altseason. Wave (3) top can be a bit lower than predicted, making the wave (5) line longer, however the top of these waves should be relatively around the area of my prediction.
ATOM: Busted Symmetrical TriangleA few ways you could trade this. Because price had closed on the other side of the triangle from where it had broke out, it is now a busted pattern. A single bust has the highest probability (67%), you could go short with SL above dotted horizontal or wait for price to close further than 10% away to confirm direction (down). If stopped out and green pathway becomes null, next highest probability is the blue path, short once price closes on other side of triangle once again. If the least probable plays out and red path is followed then enter when price closes outside of 10% area for confirmation to go long. You could also be conservative about your entry (least aggressive) simply waiting for price to close outside the 10% area before taking an entry in whichever direction the cool breeze sends it. NFA DOYR
Falling WedgeATOM developing a solid falling wedge right on $26 support w/ volume dropping off (selling pressure subsiding).
Great reward/risk setup. ATOM tends to rebound relatively strong. Many "experts" in crypto seem to think ATOM is one of the better L1 platforms from a fundamental perspective.
ATOM is copying BTC but...we can observe that the priceaction has respected the blue dotted trendline for quite a while, almost a year. A rupture would almost certainly cause bleeding at least up to $11, which is quite far away. The opposite case sees the break of the high green trendline and the conquest of new peaks.
Based on what happens do your job.
ATOM bullish target detected, good for 10% gain!Price is consolidating within the triangle for all cryptos. Overall, I'm detecting bullish momentum for Cryptos within these triangles, and I expect the price to pop. ATOM displays an attractive 10% gain target that should get hit within the week.
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