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ATOUST trade ideas

Cosmos (ATOM) analysis: New rubric "Where is the BOTTOM?"Hello, everyone! Let's continue to analyze fundamentally strong crypto assets which I am going to buy at the very bottom. Now it's time to predict where the bottom for ATOM is gonna be. Using trading chaos approach I defined the Elliott waves with the order you can see on the chart. You can tell me that wave 2 is too deep, but I have the evidence that it's correct. Look at the Fibonacci extension 1.61 - the natural wave 3 target. Price has reached this target perfectly. After that price has printed the wave 4 which is represented as a triangle correction. I think now ATOM is in wave 5 because it broke down the key fractal level. The most important question: where is the gonna be the bottom. My answer is $3. There I will buy ATOM for the new bull run. This target was calculated according to the Tom Joseph's methodology. Bill Williams linked to his approach that's why I use it here. Best regards, Ivan ________________________________ Follow me and never miss update👍
Short
by Skyrexio
2
Cosmos is in a potential accumulation stage - Cosmos is in a potential accumulation stage (market structure). You never know if the price will break out higher or continue the downtrend. Next, there’s a buildup formed around the 11.49 resistance area. This tells you one of two things: 1)The buyers are willing to buy at higher prices, even at resistance; or 2) there’s a lack of selling pressure, and that’s why the price is unable to move lower. Whatever the case, this is a sign of strength. So to trade the breakout, you can go long with a buy stop order above the highs of resistance (entry trigger). Your stop loss goes 1 ATR below the lows of the buildup (exit when you’re wrong) and you can trail your stop loss to ride the potential trend (exit when you’re right). Reference: The rights here for this is part of the learning course and trading strategies that can be found here: www.tradingwithrayner.com
Long
by isslerman
ATOM 💥 4D Bull Flag Break💥out and at Retest Hello Traders, This Beast looks like its ready for take off 🚀🚀🚀 At the time of charting Cosmos price today is $13.29 USD with a 24-hour trading volume of $229,589,700 USD. We update our ATOM to USD price in real-time. Cosmos is up 3.32% in the last 24 hours. The current CoinMarketCap ranking is #20, with a live market cap of $3,805,684,402 USD. It has a circulating supply of 286,370,297 ATOM coins and the max. supply is not available. 10.644 in in invalidation Always DYOR Stay Safu, Let that sink in.
by Jova-A
7