Hello Everyone!
With Bitcoin on the rise and Ethereum likely to follow—as outlined in my recent ETHEREUM analysis idea —we continue to look for strong opportunities in the altcoin market. Right now, all eyes are on COSMOS (
ATOMUSDT ) as it shows promising signs of a potential breakout.
On Weekly timeframe
Price has swept the bottom of September 2024 liquidity zone.
On 4D timeframe
- On the OBV (On-Balance Volume) indicator, price has broken a downtrend—similar to the breakout seen in October 2024, which was followed by a 170% rally.
- The previous 4-day candle closed above a key Fair Value Gap (FVG), indicating potential bullish momentum.
On 1D timeframe
- V shape inverse pattern.
- There’s significant liquidity in the $6.5–$7.5 range. After successfully breaking above the $5.1 level—just as I strongly anticipated—price is now likely targeting that liquidity zone.
To sum up,ATOMUSDT is demonstrating both fundamental strength and technical confirmation, making it a high-potential candidate in the current market environment.
With Bitcoin on the rise and Ethereum likely to follow—as outlined in my recent ETHEREUM analysis idea —we continue to look for strong opportunities in the altcoin market. Right now, all eyes are on COSMOS (
ATOMUSDT ) as it shows promising signs of a potential breakout.On Weekly timeframe
Price has swept the bottom of September 2024 liquidity zone.
On 4D timeframe
- On the OBV (On-Balance Volume) indicator, price has broken a downtrend—similar to the breakout seen in October 2024, which was followed by a 170% rally.
- The previous 4-day candle closed above a key Fair Value Gap (FVG), indicating potential bullish momentum.
On 1D timeframe
- V shape inverse pattern.
- There’s significant liquidity in the $6.5–$7.5 range. After successfully breaking above the $5.1 level—just as I strongly anticipated—price is now likely targeting that liquidity zone.
To sum up,
ATOMUSDT is demonstrating both fundamental strength and technical confirmation, making it a high-potential candidate in the current market environment.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.