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ATOM

Moment of truth for $ATOM$ATOM has been down trending for several weeks, forming a descending triangle. Now price reached support at $23.5 but everything is in $BTC hands. If you look at the RSI you can see a bullish divergence forming but this is not enough, waiting for more conformations. I will only go long after a bounce from support with bullish volume followed by a breakout of the triangle's resistance! I will only go short if price broke below support with huge selling volume: Be reactive not predictive :)
by dogofwallstreets
A bullish Ascending Triangle for ATOM?A little take on ATOM. Weekly got Charted here. It seems that ATOM could be moving within an Ascending Triangle. An Ascending Triangle is a "Bullish" continuation pattern, so this means if Price comes in, in an Uptrend there's a higher probability that it will break higher and vice versa. I did use the Heikin Ashi candle in this chart, since it gives you a clearer view on the current "Trend". Presently, it seems that the current Downtrend is weakening and that there's a Chance of a reversal, the MACD also do start to "Confirm" that. Also, the Fibonacci Golden Pocket got retested again, we have seen a beautiful bounce of that. Coming back to the Ascending Triangle, of course a breakout can occur way earlier than shown here, but usually price moves withing the pattern until the apex is reached. In that case, ATOM could range between 30-40$ for Weeks to come now until breaking higher. After a Breakout, preferably there's going to be a retest and a Bounce of the upper Trend line that got broken. Measured Target would be at 59.70$ KEEP IN MIND: The World is in a Volatile situation, so this always can turn to the opposite. If you like my Content, hit the 👍 and/or comment and make sure to follow. This Analysis is not intended to be investment advice. Always DYOR.
COINBASE:ATOMUSDLong
by blauersamt
2
BTC/USDT Short Position 22.4.10Bitcoin in the daily timeframe has formed a continuous pattern that has come out of this area with a powerful candlestick. I expect it to test the 43,500 range again and continue to fall. There are two very important areas of very important support for it. 40930-40982 36350-337370 This drop may be stopped in the support range of 40930-404082. But there is a very strong demand range in the second support. The important point is that if Bitcoin breaks the level of 44,000 and stabilizes above it, it can test the supply range of 4710-48150 again. ⚠️ This Analysis will be updated ... 👤 Sadegh Ahmadi: @SDQ_Crypto 📅 10. Apr .22 ⚠️(DYOR) ❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
Short
by SDQ_Crypto
3
ATOM/USDT 350% Potential from This Entry Level ( Target $100+ )#ATOM/USDT TA Update:- $ATOM currently trading at $27 Recently hit $44 and Its gave good profit from our Initial entry. Next..? Now Good time to Accumulate at dip as Possible. Accumulation Zone:- $22-$27 Targets:- $44/$80/$116 Stop Loss:- $20 Waiting for Breakout $44 Above $44 no any Resistance so Target will be $100+ Strong Support is $25 and $21 Keep an eye on this level. Above this Level $ATOM is super bullish. Support:- $25/$21 Resistance:- $44
Long
by CryptoPatel
1