ATOM
The market is protecting ETH, and it´s over the 8 and 21 weekly Just pointing out how strong ETH is behaving against BTC,
bulls are strong not allowing it to loose value against BTC even in the harsh moments.
ETH.USD is not in a bull trend but if you think about ETH.BTC we are setting up for a jump,
let´s see how real that movement is if BTC dumps hard.
Just to understand how ETH is a great investment to dollar cost average just like BTC.
The dollar just broke the triangle and is probably going to testThe dollar just broke the triangle and is probably going to test the 100 support.
So, I am expecting a pull back for now, with high chance of further downtrend.
Please leave your comments and ideas, also check my past ideas below.
Good trading!
ETH have a chance of bouncing short squeezing BearsVitalik´s project seem to be the strongest Alt project at the moment, considering all the fees and problems ETH dealt with in the last 2 years.
ETH 2.0 is coming and I believe that people will try to speculate on it until the launch.
On my opinion best token to speculate at the moment.
Eyes on the SPX today, how is the Powell card gonna play out?Looks like we are being tricked here, be careful with the shorts today,
we could have a short squeeze before having more downside moves.
Check my DXY and BTC analysis below as well.
Have a good one, please leave your likes and comments to help me out sharing more ideas.
the real resistance to break is that weekly inside barWe are close to breaking the falling wedge in the short term time frames, but we need to break that 40800 on the weekly
to confirm a break of that weekly inside bar we created this week, today is a big decision day, breaking the wedge is not
a confirmation of coming back to 45k. 40k, 41k and 42k are huge resistances right now. Iff BTC break them and find support
we can think about 45k-48k-52k
Have a good one guys.
ATOMUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
Now the price is under fluctuation over the support line and we expect it to move to the next resistance line in case it is supported. But if it loses the support and fixes below the support line, it will have more fall.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
BRIEFING Week #18 : The Dollar Trade-OffHere's your weekly update ! Brought to you each weekend with years of track-record history..
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ATOM / USDTThis IDEA it's just for short term not holding or long term
I do trading based on patterns and zones and take advantage of market movement in short time
In 30 MIN time frame this is the patterns just wait for the confirmation to make it short or long , I show in the chart the targets
THIS IS NOT FINANCIAL ADVICE , IT'S JUST MY PERSONAL OPINION
USE STOP LOSS
Cosmos-When will this bear market end??!Hello everyone
Since the 3ed of April we had some good falling momentum in the market for ATOM.But I have to consider the investors and holders feelings too. in the last 2 days we have seen the lowest price for ATOMUSDT in 2022.
As you can see we had a support level on 20$ and it seems like we had a reaction from the market in this level, But does this mean a reversal will happen? Well No, reversals rarely happen in the market, but consider today's bar a good setup for it and keep an eye out.
I think we can have a bear flag pattern in smaller timeframes happening here, because of the bad news in wallstreet and that we don't know how long will the effect of it last.In daily we have a daily trend line which can turn into a wedge formation, creates a pinbar (3 candles pattern)and give us a possible breakout to the resistance level of 23$ above or maybe break out of that too.
P.S. I know the trend line created a triangle pattern BUT this is the lowest we have been in 2022.
ATOMUSDT - WEEKLY ANALYSISATOMUSDT's price is showing extreme weakness and aggression by the Bears. They drag the price towards a major confluence area where we can see a definite Bull's reaction. Holding a long-term trendline with EMA 100 support turns this level into a critical zone. Bulls have to react more aggressively if they are eyeing any sort of pullback otherwise we may see a bullish continuation.
Cosmos | ATOM at a critical pointIf this double top / "M" pattern play out for ATOM, I could see the price retrace towards the $11.5 - 14.0 area. A first indication for this pattern to play out, would be if the price closes below $20.0 on the daily chart.
Let's see how this plays out.
Thanks for your support.
Have a good one.
BRIEFING Week #17 : BTC/Nasdaq Correlation ??!
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