ATOM
Cosmos (ATOM) vs Bitcoin Long-TermATOMBTC is showing the first signals of life with a green candle this week.
This candle, together with the previous one, forms what is called a piercing pattern, which is bullish.
We have a higher low long-term compared to January 2021.
Notice the lower red dashed line...
This is the main long-term support for this Altcoin pair.
If ATOMBTC doesn't start growing now, it will start growing once this support is activated...
We are bullish all the way long-term, regardless of what happens short-term.
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Namaste.
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atom.atom,
same as the other coins;
-5 waves up was completed,
-currently working on 3 waves down.
-look for a bottom somewhere in the middle of 2023.
-0.618% is a good candidate for a bottom, but because it has already gone so deep, it very well could get to the 0.786 after this little fake out to the upside.
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best of luck 💰
Trading Signal For ATOMUSDTTrading Setup:
There is a Trading Signal to Buy in Cosmos ATOMUSDT
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 8.65
⭕️SL @ 8.45
🔵TP1 @ 9.30
🔵TP2 @ 10.06
🔵TP3 @ 12.33
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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ATOM/USDT BUYING SETUP (SWING)Buying #ATOM/USDT (SWING)
$ATOM in daily demand zone , we can see before after hit this zone and will pullback . at crash a years ago ATOM sustain in here and make new all time high . potential pullback minimum just retest the supply, and support RSI showing some bullish divergence
we can close if daily closing below daily demand zone
Buy zone : 8.88 - 8 - 7.3
Target : 9.71 - 10.96 - 13.8 - 15.25 - 16.97
Stop : 6.9
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ATOM/USDT Secondary trend. Medium-term work. Important zoneMain trend—is in a pronounced uptrend (uptrend channel with a large % step).
Secondary trend—a pronounced downtrend (purple), the last wave inside the channel.
At this point there is an important zone, on which the further price direction trend depends. Everything is shown very accurately (potentially accurately), as in the previous trading idea for this trading pair. ATOM / USD Main trend. A cup. Triangle. 18
This coin on the coinmarketcap: Cosmos
Schematically shown on the chart.
The formation of a large bullish triangle (the final part) in case of a breakdown of the downtrend (+70% to resistance) and then in case of its breakdown of resistance and the breakout (could also go down from resistance—then it would be a triple top) to the fantastic channel targets. The targets to the main zones were shown on the chart.
After all the “tambourine songs” at or near the top of this uptrend—a break-down. Formation of a big “Head and Shoulders”. Targets on the major zones shown on the chart.
Main Trend.
ATOM/USDT Main Trend. Channel. The important zone.
Large scale trading situation now.
The foundation of your trading is your trading strategy and risk management based on your experience. Don't try to guess what you don't understand. Don't inherit the majority of participants—market kamikazes (giving back). Try to evolve and toil, gaining relevant experience in what you didn't initially understand. Slowly but surely become better day by day than you were yesterday, leaving behind the “experts” and anonymous “I know for sure” screamers .