ATOMUSDTAbove the support zone and longterm trendline
It is a good opportunity considering the strong support which is around 6.5$
Lets see how it goes
ATOUST trade ideas
Switching trend -- ATOMAlthough the market experienced a long period of rise, many tokens experienced significant callback after BTC failed to break through ATH.
So again we explain how the TSB indicator is used to help even with switching trends. TSB indicator is a trend indicator based on AI algorithm. When the TSB indicator gives a BUY signal, it means that the token has entered a bullish trend. The bullish trend will continue until the TSB indicator reaches the SELL signal level. In this process, when the main columns of the indicator area touches the wavy area, the bulls will be stimulated and receive support. Likewise, when the TSB indicator prompts a SELL signal, the token enters a bearish trend until it prompts a BUY signal.
Combined with the trend of ATOM, the TSB indicator prompts two bullish trends, and the wavy area plays a supporting role until the SELL signal appears. On April 10, after the TSB indicator gave a SELL signal, ATOM entered a bearish trend.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
ATOMUSDT - Doing retracement from CrashI am not expecting a good pullback and still bearish sentiments are showing on the chart.
Can expect another LL and market is currently searching for LH.
Resistance and supports are mentioned
Cosmos(ATOM): Zone is Weak, Drop Might be Hard!We are back with Cosmos Coin, and our gameplan still remains the same. We are looking for further movement to lower zones towards our target areas of orange lines.
We see the demand for selling pressure on Cosmos, so be careful, as we might see some sharp moves here!
Swallow Team
Price blocks to buy ATOM on possible BTC correctionHere some price block to buy ATOM on possible BTC correction move
Atom Break and RetestCosmos looks like it broke out after a clear accumulation and is now retesting, if it holds here it looks good to go to around $15. I don't support trading altcoins but throwing some to spot here could be good risk&reward.
ATOMic Impulse Soon 💣Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ATOM has been overall bullish, trading within the flat rising wedge pattern in black.
Currently, ATOM is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong support and round number $10 in gray.
🏹 Thus, the highlighted Atom logo with the blue arrow is a strong area to look for buy setups as it is the intersection of the gray support and lower black trendline.
📚 As per my trading style:
As #ATOM approaches the blue arrow zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Atom 24 % Pump Or 16 % Dump... ?!The ATOM bullish trendline is about to break.
Short trade possibility:
Entry point: After breaking the bullish trendline and the $10.72 range
Profit targets:
$10.25
$9.68
$8.98
Long trade possibility:
Entry point: Above the $11.40 range
Profit targets:
$12.58
$14.14
Important notes:
This analysis is for informational purposes only and should not be considered as investment advice.
Do your own research and use a proper risk management strategy before any trade.
The cryptocurrency market can be highly volatile, so trade with caution and awareness of the risks.
Atom Long PositionSplitting one position into 3 entries with hedging if necessary.
Expecting high CPI volatility with bitcoin halving news.
nothing more
Atom 07/04/2024Atom is consolidating at RH level which is good. We need a breakout candle at this level. Even if we test 0.5 level it is all good.
TRADE PLAN FOR ATOMHello traders , atom breakdown for all options of buy levels with out trade plan.
from the chart we expect a continuation in the channel and in case next levels are indicated.
tradehubng
📈ATOM: Potential Long Opportunity on 4-Hour Timeframe💎🔍Today, let's focus on Cosmos (ATOM) on the 4-hour timeframe, where it has reached support at $10.714. Concurrently, it's consolidating around this support level while the RSI indicator shows positive divergence, indicating potential bullish momentum. Moreover, the decreasing volume in red candles suggests bullish volume divergence.
📈For long positions, the activation of RSI divergence with a breakout above $42.49 confirms the signal. The next resistance lies at the RSI midline, or $11.125, where a candle close above this level could signal entry for long positions.
✅Setting our initial target with a risk/reward ratio of 2, we aim for a price target of $12.745. If the price reaches this level, profit-taking could be considered.
📉Considering short positions, it's essential to note that strong trends often accompany significant divergence. However, without substantial selling volume, it's challenging to confirm stronger selling pressure. Confirmation would entail multiple red candles with high volume.
🛑For short position targets, the initial risk/reward ratio of 2 could be applied, followed by considering support at $9.734.
📝Overall, Cosmos presents a potential long opportunity, supported by technical indicators and price action around key support levels. Short positions should be approached cautiously, awaiting confirmation of increased selling pressure.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
ATOM's Silent UptrendATOM is a nice buy, touching its long term trendline, and doesn't react too negatively to market mishaps. We've already broken the long term resistance trendline so, the top of the trendline should be a place to look forward to.
#ATOMUSDT SHORT ⬇️SHORT #ATOMUSDT from $10.642
2h TF. The coin formed a bearish triangle formation with the highs being squeezed along the trend line to the support level, showing the strength of sellers. Since the level has been tested several times, I expect to see unrealized liquidity behind it, which will allow the downward trend to continue for a short time.
I am waiting for the formation of consolidation near the level and an impulse movement on the activity.
Cosmos(ATOM): Breaking 100EMA And Securing it Right NowCosmos is still near 100EMA and not showing any remorse towards buyers.
As we slowly break and secure this zone, we see a good chance for further moves to the lower zone here!
Swallow Team
atomusdtThe price is hitting the trend line that was broken earlier
We have to see if the price can go back up!! I think it should take an upward path
I am waiting for the return of the price
ATOM long ATOM is bouncing off the support level and the ascending trendline. Bullish movement to resistance level at $14.3 is expected to happen next
ATOM eaHi.
ATOMUSDT
Today, I want to analyze ATOM for you in a Weekly time frame so that we can have a SHORT-term view of ATOM regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
🔵We have a Bullish Structure here
ATOM broke out the triangle downtrend 🤔
Pullback to the broke out trend line.
Now stabilize the price above the support trend line
✅ Pullback.
🟢 High potential areas are clear in the chart.
Stay awesome, my friends.
ATOM/USDT Primed for an Exponential Rally? 👀🚀ATOM Analysis💎Paradisers, it's time to zone in on #ATOMUSDT as it gears up for a potential bullish turn from its support zone, signaling a promising uptick.
💎Riding the waves of an ascending channel, MYX:COSMOS stands on the brink of testing the support level at $10.19. A notable decrease in volume at this crucial point hints at the likely extension of the bullish trajectory from $10.19, underscored by a volume spike suggesting a momentum shift could be on the horizon.
💎Conversely, if #ATOM's price breaks below this pivotal support, a strategic recalibration will be in order, as we anticipate a bullish resurgence from the next support level at $8.87. Should NASDAQ:ATOM struggle to initiate a bullish phase from this juncture, a further descent may be inevitable.
💎Staying ahead requires vigilance and adaptability as we navigate the evolving dynamics of the #ATOM market, prepared to adjust our strategies accordingly.
ATOM-VIP SIGNALATOM
LONG
X10-X20
We have two entrances
I marked the first entry with EP1
If he can break out the orange resistance
We take long with 10-20 leverage
And our stop will be under the support of white color
That is, under the range that is called
SL-EP1
LT is
This is from the first entry
The second entry is also characteristic
If it reaches its limit, take long
Pay attention, for the second entry, only reaching the limit, not breaking out!
I also specified a stop for the second entry
Pay attention if the first login is activated
The second entry will be canceled altogether
And the second entry is for now
The first entry will be cancelled
Good luck
Exploring Renko Charts: Simple Trading Strategies for Success Today, I'm excited to introduce you to two effective trading strategies designed for Renko charts. Renko charts, unlike traditional Japanese candlestick charts, focus solely on price movements, offering traders a unique perspective on market trends and opportunities. Before diving into the strategies, let's first understand the basics of Renko charts and how they differ from Japanese candlestick charts.
Renko charts are renowned for their:
Absence of time: Renko charts disregard time intervals, concentrating solely on price movements. This feature helps filter out market noise, allowing traders to identify clear trends.
Uniformity: Each brick on a Renko chart represents a fixed price movement, ensuring uniformity across the chart. This consistency aids in trend identification and reversal spotting.
Trend identification: Renko charts excel at identifying trends due to their focus on price movements. Traders can swiftly discern trend reversals or continuations by analyzing brick patterns.
Reduced noise: By filtering out minor price fluctuations, Renko charts offer cleaner data, making it easier for traders to identify significant price movements and trends.
In contrast, Japanese candlestick charts focus on time intervals and include all price movements within the selected period. Both chart types have their advantages, but for our strategies, we'll be using Renko charts.
Now, let's delve into the strategies:
1. Buy Green, Sell Red (with and without 13 EMA):
This straightforward strategy involves buying when a green candle appears and selling when a red candle emerges.
Option 1: Implement this strategy with a 13 EMA (Exponential Moving Average). Buy when a green candle closes above the 13 EMA line and sell when a red candle touches the 13 EMA line.
Option 2: Execute the strategy without the 13 EMA. Simply buy on green and sell on red.
While Option 1 may yield slightly delayed entries and exits, it provides additional confirmation, especially during volatile market conditions.
Consider automating this strategy with an algorithmic trading bot for seamless execution.
2. Strategy that forecasts the market?: This strategy tells you if the market will go up or down after a important for example economic meeting!
So, if you are interested in this strategy than write down in the comment and like (boost) this educational idea, if we get 100 likes (boosts) than I will make Part 2.
Please note: When you have a basic plan, than you can just open Renko chart above 1 day time frame, you can also work good on 1 day, but if you want to see Renko chart on Intraday time frame than you need to have Premium plan. Upgrade now for intraday best experience using RENKO chart: Upgrade now
