ATOMBTC Hi
If you are holding this pair, I highly suggest you sell it.
Cause, as you can see in the chart, there Is a visible Double Top Pattern.
On the other hand, Price hit the static weekly resistance and has shown a reaction to the base trendline.
So don't Hold it yet.
If I could short this, I would.
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ATOMBTC
ATOM/BTC 1D (Binance) Descending channel, falling wedge breakoutTA: Cosmos is facing mid-line channel support and just broke out a falling wedge on lower time-frame.
FA: ATOM is a staking coin with high APR (+8% at least) and fundamentals are quite positive (Cosmos Hub 2.0).
Current Price= 0.0002730
Buy Entry= 0.0002694 - 0.0002500
Take Profit= 0.0003198 | 0.0003598 | 0.0004245
Stop Loss= 0.0001996
Risk/Reward= 1:1 | 1:67 | 1:2.74
Expected Profit= 23.14% | 38.54% | 63.46%
Possible Loss= -23.14%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 1080h
Cosmos Bullish Divergence, Next 90% Target MappedCosmos (ATOMBTC) is bouncing off a new low while showing strong bullish divergence with the MACD.
We can notice prices closing lower while the MACD is closing higher, this is normally followed by prices increasing in value.
Now we can see ATOMBTC moving above 0.0003024 or EMA50, which is strongly bullish.
If prices can stay above this level, we can see additional growth.
The next targets are marked on the chart.
Namaste.
#ATOM/BTC 30% POTENTIAL PROFITHello guys welcome to this setup.
ATOM is at the verge of a breakout,
If it could break that 3k resistance which is a month long resistance level. We haven't seen much move in ATOM yet.
ENTRY: Trade the breakout
All information regarding Targets are given in the chart.
Please observe.
Hit the like button and share your opinion in the comment section.
#PEACE
ATOM/BTC 2 Bar Bullish Reversal Weekly Overview : Cosmos/ Bitcoin - 2 Bar Bullish Reversal
Disclaimer:
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
ATOMSUSDT showing a good sign of bullish movement - 30% profits As you can see ATOM is about to breakout the ASC triangle. The 4H chart is showing good signs of bullish mouvement and the RSI is going down as the price is not impacted. Those are a good signs of imminent uptrend the next days.
Our signal is the breakout of that ASC triangle.
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Good luck
PS: Have a look on my other analysis and don't hesitate to make comments.
ATOM/BTC, NEARLY 400 PERCENT SETUP! Simple: green lines are my buy zone if we get to it and red-line is my sell. We have a bullish butterfly leading into the completion of the leg down of a larger harmonic which would then go for a massive leg up.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
LONG - ATOM - Trading OpportunityBINANCE:ATOMBTC is another one that still hasn't made the comeback that it should, now in an ascending triangle formation in the lower time frame, while also hanging above the MA50 on the 15min chart.
Entry: 0.0003196
Target 1: 0.0003374
Target 2: 0.0003469
SL: 0.0003114
ATOM buying opportunityFeel free to challenge me on my TA or share your own thoughts
Atom is holding this ascending channel
- Might drop down to the bottom of the channel, which crosses a strong weekly level (3349 sats)
- 50 MA might also meet the bottom and weekly resistance around that area
If it does not break 3349 sats I will be looking for a long
- Target: between 3809 and 4000 sats (two daily levels)
- Stop loss: 3238 sats (strong daily resistance)