ATOM || ATOM USDT || SMC On a Daily TF, ATOM has been quite bullish for sometime, and even though it did tap into a 4H supply zone, it failed to break the structure to the downside, and price bounced back up from the Demand Zone. Expecting the price to break to remain Bullish before tapping into another Supply zone (Refined Zone 14.177 - 15.371 on 4H TF)
Atomforecast
ATOM/USDT 4HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ATOM/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ATOM/USDT inverse head and shoulder pattern confirm and retest confirm and market pump CMP and entry zone
Entry:-CMP AND GREEN ZONE BUY
Target:- 30% to 40%
Stop loss:- 25.70
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ATOM/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick ATOM/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-ATOM/USDT tringle pattern conform and retest buy the green zone
Entry:-CMP AND GREEN ZONE BUY and long term hold
Target:- 30% to 40%
Stop loss:- 25.70
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ATOM Cosmos: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Cosmos (ATOMUSD).
The chart is self-explanatory. Cosmos price is at the edge of an Arc Formation as well as around the 200D simple moving average. The RSI and MFI is at or near the support line. The last three daily candles look like Three Black Crows Pattern (bearish). Though price has potential to bounce back up, there is an upcoming red Ichimoku Cloud resistance as well as the overall crypto market downturn led by Bitcoin. If price falls below the 200 MA and outside the Arc Formation, expect a potential strong support at the multi-month support line.
Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI (Money Flow Index), Ichimoku Cloud, 200 day simple moving average.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
ATOM/BTC 30M UPDATEWelcome to this quick ATOM /BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- ATOM/ BTC Triangle pattern create to buy the dip and retest green zone
Entry:- buy green zone
Traget:- 20% to 25%
Stop loss:- 0.0008377
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
ATOM - 12h - How much can you grow?Today we will talk about ATOM, one of the most stable cryptocurrencies in the long term. Will the ATOM price be able to gain a foothold above the previous all-time high? What are the prospects for continued growth from current prices? Why is there a very high chance of a collaps e of the ATOM market now? We will talk about all this in this idea.
We'll start with the weekly ATOM chart.
On it, you can see a clear growth trend that buyers organized from March 20, 2020. Pay attention to the local highs of this growth channel. Of course, the way the ATOM market reversed was different. When the cryptocurrency market was weaker, the reversal was sharp. In the case of insane market growth in early 2021, the market reversal lasted a little longer and was implemented through an ATOM sell-off in consolidation at the highs. However, the common feature of each ATOM reversal is the highest trading volumes at the local highs.
If you pay attention to the current weekly candles, you can see the largest trading volumes in the history of ATOM. At the same time, the price renewed its maximum and stopped.
If you go down to a smaller timeframe , you can see a local pivot point for buyers, from which you can plan to continue the local growth wave:
We have highlighted the $32.57 mark on the chart. Please note that this mark was first broken up by buyers on large volumes. Now all attempts of sellers to regain this mark under their control end in false breakouts.
Therefore, for the local continuation of the growth of the ATOM price without stopping in time, buyers should hold this mark in the event of a potential downward wave. In this case, after a short consolidation, we will expect the ATOM to continue to grow with a target of $59.
If the level of $32.57 is broken downwards, the last chance of buyers to continue growth will be in the range of $27-28 . However, in this case, buyers will show weakness, allowing a deep correction at the highs with large volumes. In this case, we would wait for a local price bounce upwards and close our positions.
The fact that a reversal process may begin on the ATOM market is also evidenced by the chart of the ATOMBTC pair.
Please note that the breakout of the black channel, in which the ATOMBTC price was trading from September 2019, took place on large volumes. However, it’s not easy for buyers to keep pushing the price up. In this case, we expect a minimum correction in the range of 0.000667-0.0007. In this case, it will be possible to talk about the acceleration of the trend. In the meantime, it is worth letting ATOM calm down a little and feel the foundation under your feet.
ATOM 1D Correction is over, is it time to grow?The last time we published an idea for ATOMUSDT was 6 months ago.
In this idea, we wrote about the target of $31.50 and then at least 50% fall to $15
In fact, we received $32.32 and then dropped by 76% to $7.83
Nevertheless, ATOMUSD keeps the price in the growth channel , which we drew in the previous idea. The ATOM price has been moving and growing by the channel since March 2020.
Now looks like that the price of ATOMUSDT wants to grow, confirmation of the strength of buyers will be rising and consolidate above $15.5. In this case, the growth can achieve to the $19.60-23.70 zone , and you can safely focus on the higher goal.
The chart will signal the weakness of buyers, and, accordingly, the continuation of the downward fall if the ATOMUSD price fixes below $10 . In this case, you will need to think about what to place buy orders from the levels of $6 and $4.40.
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
ATOM 1D Probable +3100% for a year of growth.We haven't published the ATOM idea for a long time, but it should be. Very easily and unobtrusively Cosmos renews maximum every day.
So in March last year, the minimum cost of ATOMUSDT was about $1, and now it is traded at around $24.
And all this time, the ATOMUSD price was moving well as a channel up, first in the lower part, and now in the upper part.
There is still a chance, by March 2021 to make another momentum upward to reward loyal investors x31 in a year)
Now for us the most probable medium-term price movement route is:
Growth to $31.50-33, and from there a drop of -50% to the $15 area
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)