ATOM
🔥 ATOM 10 Month Triangle Break Out: Weakness IncomingIn my last ATOM analysis I already talked about this triangle and that I expected some kind of bounce. My initial target was the top resistance of the triangle, but after a 15% move we fell back down.
Since we've now fallen through a 10-month support, I think that we're going down more.
I'm looking at 10 and 9 usd targets.
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[cosmos] by qikoToday, I bring forth a fascinating analysis of ATOM.
Since its low in March 2020, ATOM has experienced an impressive 4100% increase at its peak. Subsequently, ATOM descended in five waves, with the 5th wave truncating, signifying the inception of a downtrend.
I anticipate the swing highs to be surpassed for Wave B before resuming the downtrend to complete Wave C.
Wave B Target: ~ 26
Wave C Target: ~ 3
ATOM can increase a lot pretty soon!ATOM is going to create a big double bottom pattern which means the price shall increase a lot ! the second Bottom will be created soon and afterward we shall expect the price to increase as much as the measured price movement (the length between the top and the bottom of the pattern) and reach 15.85$
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
ATOM/USDT Secondary trend. Right shoulder area.Secondary trend. Time frame 1 week. Logarithm. Showing % of potential reversal zones depending on the overall situation in the crypto market.
Coinmarketcap : Cosmos
Line graph.
Local trend. Pivot zone. Time frame 1 day.
Main Trend Look at my previous idea published half a year ago by clicking on the "play" button on the price chart.
ATOM/USDT Main Trend. Channel. The important zone.
#ATOMIt is located at the bottom of the corner of its own long-term ascending channel.
It has corrected more than a third of the previous wave, which can be placed in the third ascending step.
You can apply for a long position until the dynamic trigger, and if the trigger fails, it can have upward targets of $18 and $22.
The bottom of the previous analysis wave will be invalidated.
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ATOM USDT | Short to mid term trade #ATOM/USDT
🟢Entry price: from now to 11.2 to 10.5
🟢 from 11 to 10.5 is a good entry point but if you want to get more safe I think waiting to close weekly above 12.2 or trading the breakout of 12.2 (200MA on daily frame) will be more safe.
🎯Targets:
|> 12.2
|> 13.35
|> 14.45
🔴Stop-loss: Daily close under 10
➡️Recommended risk: 0.25%
➡️Recommended Position Size: 5%
stay safe and thank you !
Atom/busd buy callAtom is testing support so good time to go long
buy (Current market price): 10.986
SL : 10.683
TP : 11.288
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