ATOM
📉✌Atom-Cosmos Analysis✌📈BINANCE:ATOMUSDT
COINBASE:ATOMUSD
Hello traders, first look at my previous analysis and positions on ETHUSDT ,BTCUSDT ,EURUSD ,XAUUSD.
Just don't forget to risk-free your position.
The optimum stop-loss is on the chart.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌
ATOM/USDT - SHORT NOW ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ ATOM/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 15.524 - 100.0% (131.29682 USDT)
Take-Profit Orders:
1) 14.613 - 80.0%
2) 13.721 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
🎯ATOM - primed for pullback?🎯ATOM has been one of the most bullish coins this summer, rising 210% from its bottom in June. Consequently, its Bitcoin valuation has risen ~250%.
Recently it double topped around .382 Fib measured from last weekly swing high in April - this suggests we still have bearishness on the long term.
It also tapped into the .782 Fib measured from previous daily swing high in May before the meltdown - this suggests that a pullback will not go too deep too soon towards previous lows.
The big RSI bearish divergence already pointed out that we are due for a correction.
The FOMC press conference today could provide the catalyst for that pullback.
However, there still might be some gas left in this up move, so I don't exclude the possibility to have another leg up before a deeper pullback.🎯
📈The game plan:
1. ATOM needs to break down the 4h 200 EMA support it currently sits on. Wait for candle close confirmation.
2. Scout the ATOMBTC chart - if it goes below previous swing low (68890 satoshi) we have another confirmation.
3. ATOM needs to break down below previous swing low between the two tops (13.225 $). Wait for candle close confirmation.
Profit levels are at 12$ and 10.6$, based on Volume Profiles, depending on your risk appetite. The trendlines could provide support on both charts, so be careful to take profits in time.
Don't rush into it. Let the news be digested by the market. We need at least 75 pp increase on the federal rate to keep ranging, and 100 pp rate increase to move the markets down.
If we keep ranging, I would be more inclined to do this trade on the ATOMBTC pair.
This post links back to yesterday's post regarding overvalued altcoins - thought it would help to share a concrete example.
💎Looking forward for your questions below. If this post provided you value, follow for more.
🚨Disclaimer: this post is for educational purposes only, not financial advice. Do your own due diligence.
ATOM : We found a resistance serAfter a massive bounce, prices found a resistance identified a few weeks ago.
This resistance is still strong and blocked prices twice in a row.
Technically, the main suppor is still the flat of daily Kijun, at 13.67$ . And the uptrend isn't in danger while prices remains above the daily cloud.
If the resistance quoted above is broken, 19.4$ as a second target.
Cheers Cosmonauts !
Cosmos Hub (ATOM) - September 20Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ATOMUSDT 1W Chart)
The 12.282-15.327 interval is the interval that determines the trend.
Therefore, if the price is maintained above 15.837, it is expected to rise above 20.955.
(1D chart)
We need to see if we can continue the uptrend within the short-term bullish channel.
If the price is maintained above the HA-High indicator, the uptrend is expected to continue.
So, the key is to keep the price above 15.083.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
ATOM has a good chance on 4h !!ATOM wnet down and up but still in the bullish on 4h .
There is a potential handle and cup pattern ,
and it broke out the the downtrdnd
SL:14.570
TP1: 17.198
If it break out the previous high(17.198) and stand firm ,TP as below
TP2: 18.738
TP3: 19.361
TP4: 20.029
TP5: 20.697
TP6: 22.860
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
ATOM/USDTAtom shows more quickness then other shitcoins but trend still looking in to the hell.
So we got 2 scenarios: upside and downside ( it always been lol)
case of upside depends on the low of 11.5 so bulls need to save that low to prevent structure breakdown then we may see upside
case of hell which looks mmore real to me: bears will ruined the level then MM going to take all that liquiduty( blue lines) he made while we grew and the character of trend makes me to look more at hell scenario, common this lows is too obvious. ISNT?
but one legit thing in hell scenario is corrections around $8-$10 we could see and I could long because the healthy assets doesnt fall in couple bars, you know. MM playing with ATOM like a mf so I want to see good bounces.