ATOM
Zcash ZEC VS BTC Bitcoin - Altseason Breakout Strategy - PrivacyThe possible use cases are as numerous as with any Defi system. One example might be the ability to purchase an NFT using shielded ZEC, allowing the purchaser privacy by shielding onlookers from prior transactions and ZEC holdings. Another example use case might be the ability to loan ZEC for yield where the originator of the loan remains private.
Does this mean ZEC is actively pursuing to become an IBC-compatible Cosmos Zone?
On a similar note, KEEP Network is soon launching a NuCypher collaborative solution for tBTC v2. Considering Matt’s @mhluongo past activity in here, is there a tZEC solution that’s actively being researched/built at the moment?
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ATOMUSDT topping pattern -- where to shortATOMUSDT has a small break of structure on the 4h. I expect one final liquidity grab in the monthly r2 region ~$16.00 before it descends. Very reasonable TP1 and TP2 targets shown based off fib projections and supporting volume profile. Could go a lot lower. Idea invalidated with close (new high) above monthly R3 pivot.
*Setup Notes*
Entry zone: 15.5-16.16
Stop loss: 17.8
TP1: 10.83
TP2: 8.15
Daily view, with key support/resistance point at 17.8 (and why I am watching that level carefully):
ATOM is looking absolutely stunning!Let’s take a look at ATOM. All drawing tools drawn on the weekly time frame. But wanted to see how the daily time frame is looking.
Daily chart looks absolutely primed and ready for a big movement. ATOM looks bottomed out on the daily and weekly time frames.
Fully expect for ATOM to start making its movement to .618 fib at $22.80 level. Red box of resistance definitely needs to be retested. If these two movements come through then I’d expect a witch to the .786 at $27.50
Take profits off the table at .618, red resistance box and lastly at the .786 then set a trailing stop loss.
Again ATOM has huge upside potential! Trade safe!
What’s everyone think?
ATOM : Daily chart update Dear Cosmonauts,
Since the last few days and the volatility of the current market, Atom remains strong, for the moment.
Currently, Daily Kijun isn't broken yet. And prices are invalidating the sell signal (given by a break of daily Kijun).
So, 13.67$ is the main support. If this one breaks, then 12.79$ is the next support.
The next few hours will be important !
Cheers.
📉✌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 !