ATOM / USDT - Trade setupHere's a quick look at the ATOM 15 min chart. As we can see, the price has been forming a bull pennant and we should watch out for a breakout.
The best entry would be when the price breaks above the bull pennant with a good amount of volume .
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The idea is: Buy when the price breaks above the bull pennant and take profits at the levels shown in the chart.
Targets:
1. 16.3$
2. 16.7$
3. 17.1$
4. 18$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
ATOMBTC
ATOM formed bullish Gartley | A good buy opportunityHi dear members, hope you are well and welcome to the new update on Cosmos (ATOM) coin with US Dollar pair.
Previously I shared a long-term trade-setup for ATOM, which is still in play:
Now on a 4-hour time frame, ATOM has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ATOM analysis
We would like to start with what is obvious, we see that Atom has stopped following the market and Bitcoin, as most cryptocurrencies do. For all the fall of Bitcoin from $25k to $19.5k (-22%), ATOM showed an increase from $12 to $13 and is now trading in the same range as it was 2 weeks ago when the entire market was growing. It is impossible to deny that ATOM goes strictly along the channel where each minimum is higher than the previous one, which is a very strong bullish sign. We believe that there is now a large accumulation of this coin. For long-term buying, We would wait for the exit from the channel down, the collecting of liquidity there and a sharp return to the top, and in this area you can make long-term buys.
Moreover, fundamentally, we are waiting for many interesting announcements:
• September 26-28 — a large-scale Cosmoverse conference, where they announce ATOM 2.0, a security update...
• September 28-29 - SmartCon LINK conference, where they will talk in more detail about staking and new tokenomics.
Conferences are always announcements + insiders that buy token.
What else did we forget to add?
Cosmos Hub (ATOM) - September 3Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ATOMUSDT 1W Chart)
- The key is whether you can climb to the 15.083 section.
- When the Stoch RSI moves out of the overbought zone, the key is whether it can find support near 9.603.
(1D chart)
Primary resistance: 15.083
Secondary resistance: 20.955-23.269
Support: 6.809-9.603
It is necessary to check whether it is supported near 12.380.
If it does not find support, it is likely to move towards the 9.603 level.
- As the Stoch RSI indicator rose before falling to the oversold section, it can be seen that the bearish force is weak.
However, if it fails to rise in the overbought zone and falls, it means that the upside power is also weak.
This weakening of the overall strength increases the likelihood of a sideways movement, so the area around 12.380 is expected to be an important support and resistance point.
- The 15.083 point is the point of support and resistance drawn on the 1M chart, which is important from a long-term perspective.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Cosmos Hub (ATOM) - August 22hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ATOMUSDT 1W Chart)
The key is whether it can be supported by rising to the 12.282-15.837 section.
(1D chart)
We need to see support above 9.603 and see if we can move above 12.282.
If it doesn't, it could move towards the 6.809 area.
The 12.282-15.837 section is the section that determines the trend, so if it is supported and rises in this section, it is expected to start the journey to rise to 30.059.
A key point in this rise is the 22.948 point, where you might find resistance, so you need to be careful.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV index was re-created by applying a formula to the DepthHouse Trading index, an index disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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Cosmos Hub (ATOM) - August 11hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ATOMUSDT 1M Chart)
The important key is whether it can be supported by rising to the 12.282-15.837 section.
(1W chart)
The 12.282-15.837 interval is the interval that determines the trend.
Therefore, if it rises to the 12.282-15.837 section and falls without being supported, a Stop Loss is required to secure cash.
The Stop Loss point is when it drops from 9.603.
(1D chart)
Resistance: 12.282-12.837
Support: 9.603-10.878
It is located just below the important point.
If you look closely at the chart in such a situation, you get a strange idea.
That thought is likely to skyrocket when it rises above 12.282.
Therefore, in the desire to get more profit, there is a case where you buy in advance at the current point without checking the support at 12.282.
Fortunately, it is good if it rises as it is, but if you don't, you will experience psychological conflict.
Therefore, you need to be cautious in trading when you think that this point or beyond this point is likely to lead to a surge.
This is because, if you experience a psychological conflict, you may miss out on the opportunity to make a bigger profit by selling without winning the price volatility.
In order to stop loss to secure cash, you need to think carefully about the ratio to sell.
You need to consider whether you can afford the loss rate of your coins (tokens) when the price falls, and the loss rate when the price rises without falling too much.
You can calculate this loss rate by considering the ratio of your own purchase average unit price.
Although the current price is at the bottom of the chart as a whole, if it goes down, it will drop more than -30%, so you will experience psychological anxiety.
Therefore, it is better to divide and sell appropriately with the idea that you will have cash to buy at a lower price than you would lose with Stop Loss.
If you have cash, there is no need to stop losing.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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COSMOS Bullish Breakout possibility Cosmos is forming nice bullish ascending triangle aligned with fundamentals. Strong chaina activity, strong community, dev. activity, etc.. and most importantly many technical upgrades happening which will increase $ATOM utility.
We remain super bullish. COINBASE:ATOMUSD BINANCE:ATOMUSDT
investmox.com
Time will tell if we're right or wrong.
ATOM We accumulate large positions and get profit without risks.ATOM/BTC Everything is shown and painted on the graph. On the chart, the main trend of this cryptocurrency. This coin of the second group is suitable for accumulating large positions. This technological solution has great potential, especially when ETH goes green, then a small ATOM will turn into a big COSMOS. Accumulation is an increase in the number of coins (output to profit) through trading and working with a complex%, and not by the "hamster" method of re-buying at the expense of new funds.
Coin at Coenmarket: Cosmos (ATOM)
A local situation on a larger scale on this trading instrument.
My previous trading idea for this trading pair.
ATOM / BTC Mid-term work. Potential rising flag
Allocation of funds / positions in work.
An example of work for less experienced traders with small deposits.
1) 60-70% in work in the main direction. Increases the "working volume body" due to the complex% summation of transactions. Your working amount will grow steadily.
a) From each purchase from the bottom of the channel, 10% -30% coins to the upper orders or wallet.
b) From each sale near the resistance of the channel, transfer 10% -30% of money (BTC, USDT) into an "safety cushion".
It is worth noting that if you are sure that there will be an exit from the channel in the near future, the percentage in the upper orders is higher, if you are more inclined to the fact that the accumulation will continue, then it will be lower. This is logical.
In this way, you accumulate coins and at the same time increase the part of the position (coins) that is not involved in the work, as well as the "airbag" itself (money).
"Safety cushion" (accumulation of money) initially 10-30% in money. In this example, BTC acts like money (its price against the dollar shouldn't bother you too much). Additional profit from working with compound interest at a distance of several local trends more than covers all fluctuations in the price of BTC. While these fluctuations can be exploited, inexperienced traders are better off not complicating their work. An easier way is to work in the same way with alt / dollar pairs.
PS. For experienced traders.
All the same + partial or full influence on the price. As the position grows, your potential influence on the price will also grow, it is rational to help the price move in a local direction favorable to you.
When increasing a position, consider the liquidity of the instrument. Remember that when the coin is pumped, it decreases several times, therefore, the probability of entering the market at reasonable prices without falling prices will not be possible. Hence, adequate position sizing matters.
If you are more experienced and play the "trading games", you should under no circumstances work against the general direction of the market. This is irrational and unprofitable. The market is pouring - take this chance. Use panic to your advantage. Market down - load the glass from above, unload from the bottom. Market growth is a mirror image.
Also remember that your large orders controlling price movements should always be protected by small orders given the liquidity and volatility of the instrument.
Make fake sets and dumps to guide the price and draw charts where it is rational, the volume should be adequate. It makes no sense to draw a large volume at a narrow price value on a small liquid instrument. There are people who have not yet forgotten how to think and adequately analyze the "imprint of actions on the chart." Do it wisely and remember to follow the beautiful realistic buying / selling history during this action.
Also, you should always remember. If you are earning too much compared to other market participants, it is very likely that you will run into problems up to the banning of your account (the name of the exchange does not matter). The less liquid the exchange is, the less the “critical amount” of earnings, and vice versa. Exchanges greet those who are losing money and are unhappy with those who are making money. This does not apply to small amounts, but if you multiply a large amount several times in a short period of time, you are likely to run into problems. Therefore, if the trade is going very well, do not forget to withdraw profits.
Below I have attached all my trading and training / trading ideas for almost 2 years.
Pump your mind and improve your experience - it will reward you.
💎 ATOMUSDT : 358.06% Profit Potential in Next 5 Months💣💣💣💣Last 2-3 weeks we seen huge buying in ATOM coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
Cosmos (ATOM) - July 30Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ATOMUSDT 1W Chart)
The 12.282-15.837 interval is the interval that determines the trend.
Therefore, it is important to be able to rise above the 12.282-15.837 section.
(1D chart)
Resistance: 12.282-15.837
1st support: 9.603-10.878
Second support: 6.809
If it rises to the 12.282-15.837 section and falls without support, it is likely to lead to further declines.
Therefore, if resistance is found below 10.878, Stop Loss is required to preserve profit and loss.
This Stop Loss does not mean 100% sell.
It means a Stop Loss to free up cash to buy at a lower price when it leads to a further decline.
The range of further declines is up to -47%.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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ATOM - $5 Long TargetI've been tracking ATOM since Sept 2020 with this loose support/resistance structure. Only exited and didn't short in Nov 2021 and waiting a long time to find a reasonable place to buy. I'm expecting it will return to the $5 mark for long entries the coming couple of days in line with my BTC long targets.
- Atom/BTC entry target is estimated at 0.0002100.
- No rush on this drop as it will occur over a few days - Will ladder in on the bounce.
- Long target - Initial $10, expected is $20.
Best, HF
Capitulation targets
ATOM/USD - Path to $14! 💪ATOM is found in a strong rally and has been making higher highs every day. Whenever the price dipped, buyers came in rushing, like today.
Should this buy momentum last, then the next key target is found at $14.
As you can see on the chart, the buy volume on the last 3-day candle was significant and higher than any since such candle since January 2022. That has to count for something right?
Buyers are in and bulls seem to be on holiday.
All indicators are bullish as well. Unlikely we reverse here. But keep an eye on Bitcoin as that likes to spoil the fun sometimes for alts. :)
Bias is bullish on this chart.
Like and follow if you liked this idea!
Cosmos Hub (ATOM) - July 18Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(ATOMUSDT 1M Chart)
Whether or not it can move higher than 13.960 is a key factor.
(1W chart)
The key is whether it can support and move higher at 7.620.
(1D chart)
The key is whether you can move up along an uptrend channel.
It is expected that it will lead to further uptrend when it is supported by rising to the 9.6-10.320 section.
A decline below the 7.330-7.620 range is expected to lead to further declines.
If it was a wiggle to reverse the trend, I would expect a large surge to touch near 5.930.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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