ATOM Cosmos is in a Consolidation Phase
ATOM price is likely to range between $22 and $35. The trend direction of PVT is diverging from price direction. I have selected the time points A and timepoint B {April 3 2022]. The price difference between these two time points closing price is 1.03 (USDT). The difference in PVT between the two timepoints is negligible.
MA assigned to ATOM (Cosmos) price are 50 MA (Yellow), 100 MA (Green), 500 MA (Blue). These MA follow the session we are in and the session is 2 Hour freq . February 28 2022 ATOM price crossed over 500 MA. The subsequent price movement from March 4 2022 to March 6 2022 sent the price of ATOM to cross under the 50 MA, then the 100 MA, and lastly the 500 MA.
Price support at $34 was proving to be resistance and the new price support was found at $28 by March 25th 2022 when price had maintained a price greater than all three MA’s. On March 25th 2022 the MA were as follows 28.34 50 MA, 28.32 100 MA, 28.05 500 MA. (50 MA > 100 MA > 500 MA) The most recent price trend in relation to the 3 MA’s indicates a possible continuation of this consolidation phase.
From March 3rd 2022 the PVT value was at 7.614 million and on April 3rd 2022 PVT was 7.621 million. (The price trend appears flat).
ATOM
Cosmos Bullish Divergence1D tf ATOM Looks like we would a short term bullish trend in the next few days. Possible TP1 at 29.68 (0.382 Fib Line) TP2 at 32.61 (0.5 Fib Line).
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Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable.
READ THIS NOTE!!
Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Cosmos (ATOM) Buy ZoneCosmos (ATOM) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : High
Cosmos is showing signs of strength paired to both USDT and BTC. Laddering orders all the way down to entry zone.
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$ATOM/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 24.25 - 24.75
TP 1 : 25.3
TP 2 : 25.9
TP 3 : 26.75
TP 4 : 26.25
TP 5 : 28.12
TP 6 : 29
TP 7 : 30.3
TP 8 : 32
Stop Loss : 23.5
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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ATOM⚛️ triangle breakout 2Cosmos broke up this triangle📐 and I think there is chance for run to 52.9 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 31.7
STOPLOSS (SL) : local low @ 27.7
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 52.9
REWARD RISK RATIO (RRR) : 5.3
INVALIDATION : when SL level hit
ETH should be stronger than BTC , so ALTs should be good to go:
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ATOM M PATTERN FORMINGIn a monthly chart we already finished 1-5 Elliot wave, on a weekly ABC correction. going trough lower time frames we saw market starting to form M Pattern in 1h time frame. right now market started consolidating in a 50% fib and institutional zone and since we saw ABC correction we should see bounce to the top of M pattern and after that retrace back to the bottom.
Entry: We can enter now 30.63 or wait for a retracement to a buy zone at 30.
Invalidation: 29.5 (Just below buy zone)
Target 1: 33 (Top of M pattern, and a sell zone indicated by institutional candle)
My BTC TA starting from the monthly to 1 hour timeframesStarting with the monthly we can notice an inside bar that needs to be broken between 48260 and 37210.
We are creating support over the 21 and 8 weekly moving averages as well.
If BTC can break 48260 we can go test the Control Point around 52k.
And that will be the most decisive price action move we need to trend upwards and maybe have an extended cycle if not a triple top.
All has to be unfolded yet, but if the markets and the dollar allows, BTC will skyrocket with it.
Long - COSMOS ATOM MACD Divergence on WEEKLY Timeline We had a bullish divergence in the weekly time frame on the MACD indicator. Last time this happened we had a 300% bullish run.
Following the current trend-line, ATOM might be able to break through the short and long-term resistance levels.
I personally think ATOM - COSMOS is a good project in the crypto scene and one that is currently undervalued. I would put the future worth of cosmos - atom somewhere in the thousands near the early days of bitcoin ($2500+).
I don't know if this will play out but I do love the idea and thought it was interesting. Please feel too judge this analysis yourselves and let me know what you think in the comment section below.
Atom - Gonna shoot up to heaven "Gonna shoot up to heaven" - Yup - I used the corniest title possible..
Of course if BTC takes a dive (better put - When btc takes a dive) Atom will as well. However using classic technical analysis \ Harmonic Patterns - would put Atom price action somewhere in the realm of 0.618 - 0.944
Fibonacci expansion. If I trade this for if anyone would consider trading this, it definitely would be a swing trade that would take a minimum of two weeks I estimate. With a very liberal stoploss
Good luck everybody
Cosmos Fibonacci Progression Hints at imminent Price SurgeCosmos (ATOM) is showing a clear fibonacci progression on weekly reversals, and the countdown is almost complete, with the next surge due to start shortly and progress for the next three weeks, taking ATOM to $45. I'm in right here with high confidence.
ATOM bull run incomingHello everyone
Today I will publick my opinion with Atom in mid-term
News: Evmos will mainnet soon. Which will help a lot of project build in Evmos. It will push ecosystem development on Atom.
TVL in Atom still increasing strongly month by month
Analytics:
In chart 1D. We have see ATOM break trenddown. It have hit $40+ soon
MACD also show for uptrend.
RSI need adjusted adjust before rise again.
We have set a fews order in $28.6 -$27.5
TP: $34 - $40
Stoploss in : $25.9
Good luck everyone
Thanks