Potential bullish reversal for ATOM (and crypto in general)Remember markets price the future, and if the overall sentiment is that "we'll get through this", then we could see the beginning of a bullish reversal this summer.
For ATOM , there's a barrier at $10 that is both psychological and technical to be broken to have any form of recovery. We're currently in a $7-$9 range, which has a lot of alpha in it.
ATOM is a great project with lot's of upside and a good altcoin to bet on in case of crypto recovery. If we break $10, there's no strong obstacle until $20. To get back to the $40 might take a while.
If you're a long term believer in the project, you might just ape in now and wait for complete recovery, which may take a year or more.
ATOM
COSMOS-USDTIt looks very good in the short term.
Price is pushing towards the 9.40-9.5 zone. With targets of 11.1 and 12.4.
Above $9 to buy looks good. On a pullback I think the coin is worth picking up. Cancellation of this long scenario consolidation below 7.44, which will be a return to the sideways movement.
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📈Cosmos #ATOM $ATOM (Jul-14)After regaining the $7 zone on June 23, every time ATOM returns to this zone, there is a strong buying force. This shows that the $7-7.5 zone could very well become the bottom of this bear period and it could rally to the $10 and $14 zones in late July and early August.
However, if ATOM loses the 7$ zone, we can still accumulate it at 5.5-6$.
Since mid-June until now, buying power is dominating and shows that big hands have started to buy strongly ATOM
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#ATOM / #USDT : Analysishello Traders... Welcome...
As shown in the picture and I explained
- If we have a dynamic look at the chart, the trend of the ascending line has been broken and a pullback has also been done
On the other hand, if we want to check the chart in a different way, we will find that the high and low prices are lower, which means that the downward trend may have started.
- Another point is that the price is now in a very important range ( 8.75 - 8.3 ) . A range that has reacted once in the form of support and once in the form of very strong resistance . And I think this support range will be lost !
So I will enter a sell position right here But for a safer entry, you can enter the trade after this support range is lost and the pullback is done
My bearish scenario is canceled when the price goes above 9.2$
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ATOM/USDT : broke above the S/R zoneBINANCE:ATOMUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$ATOM has broken above the local S/R zone and now it has reached the higher bearish order-block.
With the lower trendline, It's expected for $ATOM to break above the resistance zone and so, It'll be our trigger as a hold above the mentioned resistance zone to locate our Longs...
However, If we get the rejection from the current resistance, Then it'll come with a passive long setup mentioned on the chart!
- The final targets are the same for both scenarios, Same or less.
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@Helical_Trades
ATOMUSDT - 1D Long ideaOn the daily timeframe, ATOM moved into an uptrend on June 23. We have seen a correction in the last week. Now a reversal pattern has formed on 4h, indicating the end of the correction. There is also convergence on the MACD . If after 30 minutes 4h closes above the red block, I will take 50% on the current + 50% in the blue block. Take-profit set on 1D. Stop when closing 4h below the red line.
atom - good short opportunityatom breached daily resistance, then reversed back below just now. This is a good entry for a short, with stoploss back above. This is not shorting the bottom, or chasing, but positioning for a reversal back to the lows, and if it doesnt work out we can cut losses quickly.
Do your own research, this is not financial advice.
$ATOM #cosmos resistance breakoutas always, I'm only trading breakouts, so here is another one!
atom is currently testing the 4h resistance around $ 8.7
if we see a good breakout from the one, with good volume, and a good retest, we can set a long order with $ 9.6 as the target (following 4h resistance) and something around 8 as the stop loss, which is the level of the dynamic trendline atom has just broken out from , which could turn into new support
let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
Cosmos (ATOM) Death or LifeMany cryptos are found in crucial points:
1) BTC is in the 20k zone where we find solid support from the all-time high of 2017 2) ETH at 1k
3) Stocks Market (US500 & Nasdaq 100) on the one week average of 200 and on another solid support.
Returning to some other interesting alcoins we find together with Solana at sale prices
ATOM which is at $ 8 which finds 3 fundamental graphical factors
1) Support of its first point of maximum (green rectangle)
2) The Fibonacci extension at the price of $ 5 which has already been touched and now seems to be consolidating
3) Confirmation of the consolidation phase with a very visible bullish divergence with RSI rising and price falling.
Obviously we are in a bear market and you have to be careful to enter a LONG trade, but it could be an interesting point to accumulate and make a first purchase.
And what do you think?
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