ATOM- Cosmos Fundamentals demand our attention!The crypto that talks to other cryptos is gaining ground. link
Key points
Several factors, including bullish investment firm analysis, have pushed Cosmos's ATOM up.
Cosmos is an interoperability crypto that offers secure ways for blockchains to work together.
All cryptos carry risk and there could be more clouds on the horizon for the industry.
Why Cosmos is on the up
There's no obvious single reason for Cosmos's strong performance in recent days. However, there are a number of contributing factors that have given ATOM some momentum.
1. Bullish investment analysis
Global investment manager, VanEck, published an optimistic analysis of Cosmos and its potential in the coming years. It praised Cosmos's secure cross-chain bridging capabilities, which is a key issue in the crypto industry. Many blockchains operate as individual silos and have difficulty communicating with other networks. Cosmos is one of the interoperability cryptos that addresses this issue.
VanEck predicts that over 5,000 blockchains will be built on its network before 2030 because of Cosmos's "superior technology." The report says, "The Cosmos Hub's ATOM token is in a premier position to capture a substantial share of the public blockchain market's value, and we expect its price will perform according to this expectation."
2. Internet security is imminent
The VanEck report drew particular attention to something called "internet security." It essentially allows blockchains built in the Cosmos ecosystem to use the Cosmos Hub to secure themselves. A new blockchain can use the existing ATOM-backed blockchain to validate itself, rather than rely on its own -- less developed -- token and chain. According to the Cosmos roadmap, the first step toward launching internet security is due soon.
3. DeFi rumors
Finally, there's speculation on social media that some of the projects from the now-defunct Terra (LUNA) ecosystem will move to Cosmos. Several smart contract cryptos are competing to attract Terra applications. Terra was built using Cosmos technology, adding weight to rumors that some decentralized finance developers will move activities there. However, other blockchains, such as Polygon (MATIC) have launched specific funds to entice former LUNA apps.
Very interesting but let's follow the chart:
I would attempt to buy but under 11$ i would be out again..the market is still dangerous.
one Love,
the FXPROFESSOR
ATOM
ATom Hello, I'm very happy to be another day and can enjoy life, I had an analysis on the atom that I wanted to share with you. After breaking the trend line, I think he wants to have a retest to the failure area and go for a professional drop base... Of course, friends, when testing the failure area, pay attention to the momentum. I like you
ATOM out performs most but watch out... ATOM has had a massive 124% gain since it's bottom and steadily continued to trend higher over the last 2 months.
No doubt, ATOM will be a solid performer this bear market and next bull market, much bullishness. ;)
But with 6 consecutive candles rejected at supply zone & volume dying its not looking so great at the moment.
Look for sideways movement over the next few days or a break down with failure to close above 12.45 or with a Bitcoin breakdown. A body close below 11.44 and it's likely go time.
BTC breakdown increases successful odds of a solid shorting opportunity likely across the board for most alts.
Risk to Reward is great here but always roll w/ a stop loss and proper position sizing.
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Cosmos Hub (ATOM) - August 22hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ATOMUSDT 1W Chart)
The key is whether it can be supported by rising to the 12.282-15.837 section.
(1D chart)
We need to see support above 9.603 and see if we can move above 12.282.
If it doesn't, it could move towards the 6.809 area.
The 12.282-15.837 section is the section that determines the trend, so if it is supported and rises in this section, it is expected to start the journey to rise to 30.059.
A key point in this rise is the 22.948 point, where you might find resistance, so you need to be careful.
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** 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 index was re-created by applying a formula to the DepthHouse Trading index, an index 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 through split trading. It is a short-term investment perspective.)
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ATOM - Buying SignalBYBIT:ATOMUSDT
4H time frame
-
ATOM has been going up with an uptrend since June 19th, and it is approaching to the uptrend line again.
It would be good if price gets support here, and we can set a buying strategy with a great risk to reward ratio as below.
-
Entry: 10.3
Targets:
1) 10.745
2) 11.155
Stop: 10.325
R/R: 2.97
Atom - Huge bullish channel has formed!Atom is awesome because of huge bullish channel. Coin definitely has strong trend going.
Other reasons to long:
⭐️ BTC is bullish
⭐️ We are at the bottom of the channel
⭐️ Volume at the bottom
⭐️ Base is ready
⭐️ 4th approach
⭐️ 50 ATR
⭐️ Over VWAP
Will enter when price squeezes to the level on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
ATOMUSDT |Coin Review| Could be a turning pointHello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌ATOM at 12H is testing a trend line that acts as support, if the price can break through the trend line, we will most likely see a decline to the $10.5 zone
Don't forget to like and write your comments👇
Cosmos Hub (ATOM) - August 11hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ATOMUSDT 1M Chart)
The important key is whether it can be supported by rising to the 12.282-15.837 section.
(1W chart)
The 12.282-15.837 interval is the interval that determines the trend.
Therefore, if it rises to the 12.282-15.837 section and falls without being supported, a Stop Loss is required to secure cash.
The Stop Loss point is when it drops from 9.603.
(1D chart)
Resistance: 12.282-12.837
Support: 9.603-10.878
It is located just below the important point.
If you look closely at the chart in such a situation, you get a strange idea.
That thought is likely to skyrocket when it rises above 12.282.
Therefore, in the desire to get more profit, there is a case where you buy in advance at the current point without checking the support at 12.282.
Fortunately, it is good if it rises as it is, but if you don't, you will experience psychological conflict.
Therefore, you need to be cautious in trading when you think that this point or beyond this point is likely to lead to a surge.
This is because, if you experience a psychological conflict, you may miss out on the opportunity to make a bigger profit by selling without winning the price volatility.
In order to stop loss to secure cash, you need to think carefully about the ratio to sell.
You need to consider whether you can afford the loss rate of your coins (tokens) when the price falls, and the loss rate when the price rises without falling too much.
You can calculate this loss rate by considering the ratio of your own purchase average unit price.
Although the current price is at the bottom of the chart as a whole, if it goes down, it will drop more than -30%, so you will experience psychological anxiety.
Therefore, it is better to divide and sell appropriately with the idea that you will have cash to buy at a lower price than you would lose with Stop Loss.
If you have cash, there is no need to stop losing.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------
ATOMUSDT |Coin Review| Back in space?Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
-Guys, the market is now cooling down a little from yesterday's news events, now there is not a big correction, but I think growth will resume again soon, and our first goal is $24,700 for #btc
-Atom showed not bad growth over the last week + 30% good result.
-If we consider the asset from the technical side, then we see a strong trend line on the chart, against which the asset bounces over and over again.
-My entry will be $11.011 The asset is now overheated, I'll wait for the correction and take a comfortable position.
-Stop-loss set below the trend line ($10.324)
-Guys, this is not financial advice, make decisions on your own, only you are responsible for your transactions!
Write your comments and like!
COSMOS Bullish Breakout possibility Cosmos is forming nice bullish ascending triangle aligned with fundamentals. Strong chaina activity, strong community, dev. activity, etc.. and most importantly many technical upgrades happening which will increase $ATOM utility.
We remain super bullish. COINBASE:ATOMUSD BINANCE:ATOMUSDT
investmox.com
Time will tell if we're right or wrong.
ATOM We accumulate large positions and get profit without risks.ATOM/BTC Everything is shown and painted on the graph. On the chart, the main trend of this cryptocurrency. This coin of the second group is suitable for accumulating large positions. This technological solution has great potential, especially when ETH goes green, then a small ATOM will turn into a big COSMOS. Accumulation is an increase in the number of coins (output to profit) through trading and working with a complex%, and not by the "hamster" method of re-buying at the expense of new funds.
Coin at Coenmarket: Cosmos (ATOM)
A local situation on a larger scale on this trading instrument.
My previous trading idea for this trading pair.
ATOM / BTC Mid-term work. Potential rising flag
Allocation of funds / positions in work.
An example of work for less experienced traders with small deposits.
1) 60-70% in work in the main direction. Increases the "working volume body" due to the complex% summation of transactions. Your working amount will grow steadily.
a) From each purchase from the bottom of the channel, 10% -30% coins to the upper orders or wallet.
b) From each sale near the resistance of the channel, transfer 10% -30% of money (BTC, USDT) into an "safety cushion".
It is worth noting that if you are sure that there will be an exit from the channel in the near future, the percentage in the upper orders is higher, if you are more inclined to the fact that the accumulation will continue, then it will be lower. This is logical.
In this way, you accumulate coins and at the same time increase the part of the position (coins) that is not involved in the work, as well as the "airbag" itself (money).
"Safety cushion" (accumulation of money) initially 10-30% in money. In this example, BTC acts like money (its price against the dollar shouldn't bother you too much). Additional profit from working with compound interest at a distance of several local trends more than covers all fluctuations in the price of BTC. While these fluctuations can be exploited, inexperienced traders are better off not complicating their work. An easier way is to work in the same way with alt / dollar pairs.
PS. For experienced traders.
All the same + partial or full influence on the price. As the position grows, your potential influence on the price will also grow, it is rational to help the price move in a local direction favorable to you.
When increasing a position, consider the liquidity of the instrument. Remember that when the coin is pumped, it decreases several times, therefore, the probability of entering the market at reasonable prices without falling prices will not be possible. Hence, adequate position sizing matters.
If you are more experienced and play the "trading games", you should under no circumstances work against the general direction of the market. This is irrational and unprofitable. The market is pouring - take this chance. Use panic to your advantage. Market down - load the glass from above, unload from the bottom. Market growth is a mirror image.
Also remember that your large orders controlling price movements should always be protected by small orders given the liquidity and volatility of the instrument.
Make fake sets and dumps to guide the price and draw charts where it is rational, the volume should be adequate. It makes no sense to draw a large volume at a narrow price value on a small liquid instrument. There are people who have not yet forgotten how to think and adequately analyze the "imprint of actions on the chart." Do it wisely and remember to follow the beautiful realistic buying / selling history during this action.
Also, you should always remember. If you are earning too much compared to other market participants, it is very likely that you will run into problems up to the banning of your account (the name of the exchange does not matter). The less liquid the exchange is, the less the “critical amount” of earnings, and vice versa. Exchanges greet those who are losing money and are unhappy with those who are making money. This does not apply to small amounts, but if you multiply a large amount several times in a short period of time, you are likely to run into problems. Therefore, if the trade is going very well, do not forget to withdraw profits.
Below I have attached all my trading and training / trading ideas for almost 2 years.
Pump your mind and improve your experience - it will reward you.