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ATOM

SasanSeifi 💁‍♂️ATOM👉1D ⏩ 10.20$❗Hey there, 🔱In the daily timeframe chart, You can see that after a drop, the price has been bouncing back with some positive movement from the $8.50 range. And then, it found support again at around $8.50 after a small correction. Right now, it's trading around $9.40. Here's a scenario to consider: if the $8.50 support level holds, we might see the price grow towards the important resistance level at $10 / $10.20 and create a new high. To understand the next move better, let's see how the price reacts to those resistance levels! 🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach. Wishing you loads of success in your trading adventures, my friend!✌️ ❎ (DYOR)...⚠️⚜️ 🔹Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! 🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
by SasanSeifi
ATOM/USDT 4H Interval ReviewHello everyone, I invite you to review the ATOM chart in pair to USDT, like its predecessor on the four-hour interval. First, we will use the blue lines to mark the downtrend channel in which the price is moving. Going further, we can move on to selecting support places, for this we will use the trend based fib extension tool. And here we will mark a significant support zone from $8.16 to $6.91, however, when the zone does not hold the price, we can see a drop around the second very strong zone from $5.90 to $4.91. Looking the other way, we see that the price is moving towards an important resistance zone from $10.54 to $11.37. If it manages to break out of this zone upwards, the price will move towards a strong resistance at $12.56 and further to the resistance at $14.05. Please look at the CHOP index, which indicates that the energy for the moment is used, the MACD indicates that we are moving in a local downtrend, while the RSI has a significant rebound to the lower part of the range, which may give a change in the trend in the coming hours.
by cryptodailyuk
The key is whether it can rise with support from 9.603-9.999Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ATOMUSDT chart) Looking at the 1D chart, A rise above 9.603 indicates that the CCI indicator has exited the oversold zone. Accordingly, the key is whether it can rise with support around 9.603-9.999. If it rises above 9.999, 1st: 11.992-12.881 2nd: 14.319-15.083 Split selling is possible when resistance is received in the first and second sections above. However, it is expected that a full-fledged upward trend will begin only when it rises above 14.319. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
4
ATOMUSDT.1DHello Crypto Lovers, This is a 1D frame analysis for ATOMUSDT After hitting the second support line, as you can see, the price was able to move up again and support the price. Currently, the price is below the first resistance zone and we expect it to reach the first resistance zone. If it fails to establish itself above the resistance zone, we expect to see a price correction. However, if it is able to break through the resistance zone and establish itself above it, we expect a price increase. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
by MarsSignals
ATOM Cosmos Bearish Pennant PatternIn its recent case against Binance, the SEC introduced 10 cryptocurrencies into the securities classification: BNB (BNB), Binance USD (BUSD), Solana (SOL), Cardano (ADA), Polygon (MATIC), Cosmos (ATOM), The Sandbox (SAND), Decentraland (MANA), Axie Infinity (AXS) and COTI (COTI). A bearish pennant is a technical chart pattern that typically occurs during a downward trend in a financial market. It is characterized by a small symmetrical triangle formation, with converging trendlines that resemble a pennant shape. This pattern suggests a temporary pause or consolidation in the price movement before a potential continuation of the downtrend. When a bearish pennant pattern breaks down, it means that the price has moved below the lower trendline, signaling a potential resumption of the downtrend. This breakdown is considered a bearish signal and may indicate further downward price movement in the near term. Traders and investors often monitor bearish pennants and their breakdowns as potential opportunities to initiate or add to short positions or to manage existing bearish trades. My price Target for ATOM is $5.60. Looking forward to read your opinion about it.
Short
by TopgOptions
ATOMUSDT at monthly support, likley to head towards 13.5-14.7So this is high time frame analysis. The price is trading around monthly support MS1. It has tapped this support several times in past few weeks and every time the price has bounce to the upside although with diminishing degree. Still, it is likely that the price will make a larger move to the upside. It is possible that the price dips into this monthly support and breaches it briefly but even in that case I am not expecting it to go below the 8.84 level marked on the chart. But my bet would be that this monthly support holds and the price move upward from this support. The first target should be monthly resistance MR1. Other resistance levels are also marked on the chart.
Long
by angela_altair