BRIEFING Week #13 : Waiting for a Sentiment ShiftHere's your weekly update ! Brought to you each weekend with years of track-record history..
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ATOM
Cosmos coin is in an optimal buying zoneThe price of Cosmos coin is currently in the optimal buying zone, ranging between $11.41 and $10.31, with a local selling target of $19.54. This asset is in an uptrend, which is a favorable factor for further price growth. In case the price falls below the upward trend, a stop loss is set to protect the position at $8.43. The setup is expected to be realized in April. Additionally, there are plans to double the position after overcoming the downtrend.
ATOM - Once a Beast; Always a Beast 🦾Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
ATOM has been overall bearish trading inside the falling broadening wedge pattern in red.
🏹 For the bulls to take over long-term , we need a daily candle close above 13.5 resistance.
Meanwhile, If we retest the blue support around 10.0, we will be looking for buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Cosmos (ATOM) formed bullish Gartley for upto 13% pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin.
Previously I shared a long-term trade setup for ATOM, which is still in play as below:
On a 4-hr time frame, ATOM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BRIEFING Week #12 : "QE to Infinity" vs the Reality !Here's your weekly update ! Brought to you each weekend with years of track-record history..
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ATOM: Resistance BreakoutCosmos (ATOM) technical analysis:
Trade setup : Price broke back above down trendline and 200-day moving average, which is bullish and could revisit $16 level. Note that it made a Higher Low, which is also a sign of Uptrend. Upside to $16.
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $12.00, then $10.00. The nearest Resistance Zone is $16.00.
ATOM - To the top of the Monthly RangeI can see ATOM pushing towards $16 although top of the range is around $17
This is valid if ETH/BTC makes a push to the upside which would then equal to an alt rally at least during the weekend, the FOMC will be a good trigger for either the upside or downside depending on what they decide.
Cosmos: I’ve Got the Power 💪In the back of your head, you should now hear the intro to “The Power” by Snap! as this is the fitting soundtrack for the ascent Cosmos has accomplished so far. From the low of wave (ii) in blue, the altcoin has realized an increase of about 30%, so the current rest is indeed deserved. Soon, our crypto-friend should resume its climb to make it above the resistance at $15.81. There, Cosmos should finish wave (iii) in blue before starting the countermovement of wave (iv) in blue, which should happen above $15.81, though. However, there is also a 35% chance that Cosmos might develop a new low in the form of wave alt.II in white, dropping below the support at $5.54.
#ATOMETH - Long or Short? Down seems More LikelytheCrypster -
We are right at the end of this almost perfect symmetrical triangle with #COSMOS against #ETHEREUM, with plenty of swings from top to bottom and back again.
There's been 2 main areas of consolidation amongst these swings, and the price is currently sat right in the middle of that too! So, we're in the middle of the middle at the moment!
Historically when prices reach the end of a wedge formation like this we can expect a breakout of sorts, and seen as our in-house signal generator CTv2 has predicated a Short based on over a dozen tech signals, that's what we're going for!
Keep your stops reasonably tight on this, and let it go!
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ATOM: long if bounces backAnother requested TA: ATOM.
So I'm trying to mix a bit of SMC (the concepts I know) and classic retail trading (trendlines, volume etc...).
In this case retail trading suggests a long opportunity in case of retest of the breakout trendiline ends up in a bounce back. However the SMC requires a "spring", an inducement and the creation of a FVG to take a long in account. Mixing the two things, assuming I'm doing it right, it should be somethink like that I drawed on the chart.
On weekly it would make sense:
I suggest to use a wide SL so maybe don't use big amounts if you follow this set up. I've set an alert in case the trendline will be touched
Good luck
#ATOMUSD - A 20% Short or Resistance Too Strong?theCrypster -
This ranging wedge formation has a clear level of support/resistance running through the middle of it; we've just received a Sell signal from CTv2 after a rejection on the upper edge.
Are we going to see a huge 20% Short coming off here all the way to the lower support edges, or will this SR band prove to be too strong?
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BRIEFING Week #11 : Now Everyone Agrees on StagflationHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Atom Long from symmetric triangle On 3 day Timeframe ATOM is moving towards the bottom support of the Symmetric triangle pattern . Personally, I'm waiting for a break out on testing of the support trendline . Here are 2 setups which i'm personally waiting for
✔1st Setup for Atom
Entry : 10.3 with stoploss at 10$
Targets : 10.4 - 10.8 - 11.2 - 11.6 and 12.5
💎2nd Setup for Atom
Entry : 9.85 with stoploss at 8.8$
Targets : 10 - 10.4 - 10.8 - 11.2 - 11.6 and 12.5
Short ATOM
ATOM has been moving in a descending channel since August 2022. A fake breakout happened in February, marking a sign of weakness.
Now ATOM is trading inside the channel and below both the EMA 50D and MA 200D. It is a rare big cap losing these two moving averages.
Volume indicators suggest that ATOM will go lower: both CMF and MFI broke their trendlines.
As a result, a short setup is proposed as in chart.
ATOM still making Higher Lows 4HRGetting some bearish action on the whole today. Seems like bears are back in control at least temporarily after the Fed threats of more rate increases. On the weekly I think we are still bullish, as we see a lot of bullish divergence on different pair. But even if we take off, I think we only get a fool's rally.