ATOM has been in this horizontal channel for almost 4 weeks now. Seeing that Bitcoin is in a short term bearish phase currently, I see ATOM falling further towards the bottom channel support. Happy trading!
This is not an investment advice. Please do your own search.
ATOM has been following this support line for almost a month now. Couple hours ago, ATOM bounced off said support again. Since a lot of cryptos are seeing strong returns at this moment, I reckon that ATOM will follow suit very soon. Before entering this trade wait for the price to above the Entry line. Higher time frames yield a higher predictive power. On the...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (15.6). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . COSMOS/USDT ATOMUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic...
With the recent fall of Bitcoin, altcoins are following suit. Atom specifically has a nice short setup, as marked on the chart. For now, S1 and S2 are the main areas of support. Happy trading!
Wait for the daily Candle to close above 6, then > 6, TGT 8.3, SL = Low of the breakout candle. Wait for candle to close > 6.
ATOM/USDT has been following the drawn trend line for more than half a year now, bouncing sharply every time the trend line has been hit. I think that this bounce will launch the price to previous highs. Consider Resistance 1 and Resistance 2 as major areas of selling pressure, be careful with your long position around there.
For a few months now, ATOM/USDT is following a channel. Yesterday, the price bounced off the lower support line, signaling a new bullish move upwards. Im considering ~$6.20 as the main potential target, but please do your own DD.
Price: 5.57 USDT Entry: 5.3-5.5 USDT Resistance zone: 5.6-5.7 USDT TP_LVL I: 6.95 USDT TP_LVL II: 7.76 USDT TP_LVL III: 8.92 USDT SL: 4.3 USDT Expected Return: 40.28% Risk/Reward: 0.5
Not investment advice. Take your own risk please.