ATOMBTC
$ATOM, Showing accumulation below resistance at ~29k sats $ATOM
Showing accumulation below resistance at ~29k sats
Looking for a break over this level that enable continuation toward ~38k as 1st target..
UCTS signalling a buy on the daily chart (~20% up already)
Looks good, needs just a little push.
#ATOM
Cosmos will BREAK ATH and GO Price DiscoveryIn a matter of time , Cosmos had broke this trend line and using it as support and testing it. We can see a ATH any time now and price discovery. Reason I believe this is Grayscale raised a trust fund for Cosmos which is showing the project is a long term potential project can easily do a 10-20x with a market cap of around 1.6-1.7 billion.
This is a new coin with far from good background information to perform well.
My longterm price prediction
$40 Per Cosmos is possible and seem very realistic.
Long term price prediction $95-450 per cosmos.
Enjoy price discovery and hope you are on train!
ATOMs Downtrend Is Over, It Will Now Go GREEN!Here we have a perfect descending channel on the ATOMBTC chart.
This channel was broken recently with a final 'shakeout' or 'stop-loss hunt' move.
After breaking below the last low, a final dip happens to activate the stop-loss of all those using limit/automatic stop.
All these people lose their money in the yellow highlighted area.
If you are using manual stop-loss as we do, you have enough time to see prices going down but then moving back up.
Anyways, prices are now trading back above EMA10, EMA50, and EMA21.
The volume went up strong on 15-Jan. showing that the bulls are jumping in.
We also have the classic bullish signal coming out of the RSI and MACD.
ATOMBTC is ready to go green.
Namaste.
ATOM Is A Potentially Profitable TradeATOM on significant support, indicating that a high run up is a good probability.
ATOM is a top coin (rank #26) that has not yet seen a run up.
However, it is exhibiting a significant reversal pattern that many other coins have
already shown are worth watching.
It has broken below an ATL support and rebounded. This is historically a profitable setup
if the coin does indeed reverse from this level. If it is a good trade, it should have at least 2-3
legs up from this level.
If not, it is worth DCAing into to get our of this position, due to the good probability of it
turning back up if it does go lower. But this seems unlikely at this time.
Potention sell levels (buy back in on pullbacks) are indicated by a red line.
DISCLAIMER: drunk when made chart.
ATOM BTC is Trading on September 2019 Levels. Reversal SignalsBINANCE:ATOMBTC is now trading at Sept 2019 levels from where it bounced like a rocket last year. Scroll left and see the highlighted box.
Its already done with retracement and currently moving from V bottom inside the channel its an LTF chart we will keep looking at it because it will soon be bullish.
Indicators:
TK Cross took place, Rsi is turning bullish and Volume is increasing.
Ema 20, 50 crossover is almost near.
Happy trading.
ATOM BUY If the Breakout gets ConfirmedATOM,ATOMBTC,ATOMUSD,ATOMUSDT,ATOMUSDTP
Alert Signals: Red -> Green
Context: Green
Structure: a Breakout would be perfect
Trade close manually when: the above ribbons turns Yellow or better Red.
I appreciate your like or comment. Welcome to share your idea here.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.