ATOM
ATOMUSDT 1D Interval ReviewHello everyone, welcome to the ATOMUSDT 1D chart review.
Using the white line we will mark the trend line, as you can see the price is trying to break through the indicated trend, when it did it did not test it and quickly reversed. Currently, we can determine the local downtrend line with which the price is fighting.
As for setting support, we will explore it with Fib Retracement, the first support is at $8.05, when it is broken the next support is at the last low at $5.56.
Looking the other way, we have a lot of room for growth, however, the zone from $ 12.83 to $ 17.16 is significant, only when the price goes above this zone, and then positively tests it and establishes a new support, we will see an open road towards the price of $ 22.40, and then $ 31.26 .
At the moment, the volume is insignificant, the energy has been used for the last correction, the MACD begins to indicate the entry into a local uptrend, while the RSI after touching the lower limit begins to slowly increase.
✴️ Cosmos Potential For Recovery | $27 Possible On HHWhat do we have here?
Why recover and why now?
The potential for Cosmos (ATOMUSDT) to recover is shown by a repeating pattern as well as other signals that we will look at together.
Let's start with the high bearish volume in early November.
This is the US mid-term election / FTX crash / Uranus planetary transit 🤪...
This period had very strong volume, lots of bear pressure but ATOMUSDT remains trading within a higher low compared to mid-June 2022.
We can also appreciate the current price trading above the 0.786 Fib. retracement level.
As trading volume drops, there is possibility for the bullish trend to resume.
Higher lows can lead to higher highs.
This would set the next target at $27 but initially $15.5 would be the main resistance.
CAUTION
- There is still no bull/green volume.
- Prices remain trading below EMA10.
These are just early signals because nothing has been confirmed.
There is potential for a recovery here but it can continue dropping before the next jump.
Please keep that part in mind.
We are early as usual... Confirmation is yet to come.
Namaste.
ATOMEUR 'D' - Sat on Support? Or a Drop Incoming?Crypto Tipster v2 sent us a Sell signal on Atom / Eur on the daily chart, and it has proved itself to be quite a reliable indicator with Atom recently! Should we follow this signal? The current price does seem to be sat on nice little ledge of support, but if this was to break down the next support isn't until after a near 30% drop - that could prove to be quite a trade! Keep your stops tight on this one if you do decide to trade, and aim for at least a 20% drop.
BRIEFING Week #51 : Probably the last of 2022 !Here's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
ATOM. Bear market test.For the second time in half a year, and for the fourth time in its history, ATOM is testing the lower of the global ascending channel. ATOM tests being in RSI oversold zone and with falling volumes against increasing lows. It is extremely controversial to be an ATOM holder at the moment.
ATOMUSDT 4HPrice has broken the upper border of the bear channel, RSI despite being overbought, has broken the resistance line. continue rising to the MM200 at 10,350 where there is a great resistance that could pull back to 10,108.
In the projection, the reddish cloudiness is narrowing a lot, wanting to create a beautiful greenish cloudiness, indicating buyers in command Follow the supports and resistances:
Supports: 9,672 / 9,504
Resistances: 10,225 / 10,350
Short-term downtrend turning point 9.603Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
-------------------------------------
(ATOMBTC 1W chart)
If the price holds above 0.0005 440, we see it gaining momentum.
So, if it falls below 0.0005 440, I would expect a short-term downtrend.
---------------------------------------
(ATOMUSDT 1W Chart)
The key is whether it can rise above 12.887 with support in the 8.060-9.603 section.
(1D chart)
It's a matter of being able to keep up with 9.603 or higher.
If not, I expect it to turn into a short-term downtrend.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
---------------------------------
BRIEFING Week #50 : Yield Curve says we will DIE !Here's your weekly update ! Brought to you each weekend with years of track-record history..
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
🔥✅ATOM IS GOING TO MAKE +40% AFTER THE FALSE BREAKOUT❗🔥 Hi friends! ATOM is a highly volatile altcoin. What could be better than volatility for traders? But there are no huge pumps since the FTX crash.
✅ I can assume that after this false breakouts and pullbacks, ATOM show us all it's strength.
📊 Here you have 2 option to open a trade:
1. the first one is after the false breakout which is more profitable and more risky.
2. the second is during the squeeze to the trendline. Less profitable and less risky.
🚩 I will keep you informed as soon as there is a good opportunity to enter.
✅ THE MOST POSSIBLE TARGETS FOR ATOM:
🔥 $11 - the key level
🔥 $12.75-13.3 - the value area
🔥 $13.8-14.6 - the value area
Traders, remember to book the profit by parts. I recommend you to book at least 75-80% when the price reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.