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Atomlong

Will Cosmos ATOM Be Reborn From the Dead Zone?Hello, Skyrexians! Today we have the most hated coin for analysis. Do you remember how everybody told that BINANCE:ATOMUSDT will hit $40 in 2024, but in fact it was one of the worst asset of this year? We have also supposed that price will reach new ATH, but showed you the potential negative scenario which has been played out. Let's try to understand if ATOM still can have significant gains or this is completely dead coin! On the price chart you can see the weekly time frame. In 2020-2021 asses has printed the global wave 1 which consists on 5 waves. Please, don't be confused that wave 4 slightly overlapped wave's 1 top. Sometimes it can happen, Elliott waves is not a math! Since there price is forming the corrective wave 2 which has the very beautiful shape. Wave A is impulse, wave B is a triangle and wave C is also impulse which could be already finished. You can see that wave 2 reached 0.61 Fibonacci retracement zone and have some reaction from here. Moreover, Bullish/Bearish Reversal Bars Indicator has printed the green dot almost at the bottom. You can see how it performed in the past. For example, after the red dot in 2021 the huge crash has been started. Another one very important thing is that in March 2024 the mood was super bullish for ATOM, but in September it dramatically changed to bearish. Now almost everybody tells that it's scam and dead coin. You, probably understand that on negative sentiment it's much easier to pump for asset's price. Wave 2 in our opinion has been finished, now it's time for the wave 3. If we apply our calculations technique the potential target is between $75 and $113. Price broke through the white line. In the upcoming month it's vital to find support above it and don't broke in the opposite direction. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
3
ATOM | ALTCOINS to BUY | Good Coin, GREAT UPSIDE PotentialATOM is as of today NR 51 by market cap, meaning it's more likely to move independently from BTC. The higher coins by market cap, especially the top10, move more in correlation. I've done an extensive post on this HERE 👇: Other Altcoins I have high hopes for in the NEAR term can be found here: NOW is the ideal time to buy alts that are NOT trading in correlation with BTC, as they will be trading fairly low and can be bought at good entry prices. The worst thing is to try and catch a moving train , in other words trying to jump in at the top. Rather plan your trades and plan your entries - this way, you will minimize risk and maximize potential returns. __________________ COINBASE:ATOMUSD BINANCE:ATOMUSDT
by CryptoCheck-
ATOM Technical AnalysisATOM hits the new lows since 2022.The price is moving inside the descending channel from approximately 156 days. Currently the price is on the support zone (Green) at $4.331 - $4.664 and résistance of descending channel middle line. There are two scenario's Bullish Scenario If the price break above the resistance zone (Blue) at $6.049 - $6.590 and the descending channel upper line with high volume we could the price to the next level at $8.853 and the momentum continues the price may reach to the highest level marked on the chart at $14.186. Bearish Scenario If the price fails to hold the support zone (Green) we might see decline in the price to the next support zone (Pink) at $2.988 - $3.309. We might see further decline if the price fails to hold the support zone (Pink)
Long
by TheCryptoCity
2
Wait for best positionATOMUSDT Analysis 📊 Key Levels: Resistance Level: $7.116 🔴 Support Level: $5.051 🟢 Entry Level: Around $6.270 to $6.318 🚀 Take Profit Points (TP): TP-1: $6.550 🥇 TP-2: $6.851 🥈 TP-3: $7.082 🥉 Trend Analysis: Bullish Movement (Pump): The chart indicates the best entry point after breaking the resistance at $6.318 🚀. In this case, there is a strong probability of a bullish move that could push the price to the specified targets 📈. Entry and Exit Points: Entry: When the confirmed candle is around $6. 📥 Exit: At target levels $6.550, $6.851, and $7.082 depending on risk tolerance and profit goals 📤. Risk Management: Stop Loss: Around $5.744 to $5.713 ❌. Profit Target: Up to 17% 📈. Recommendations: Profit Expectation: If you aim for a 17% profit, wait for the price to reach $7.116 🤑. Entry Condition: It’s best to enter after confirming the resistance break and closing the candle above $6.318 ✅. Position Management: Always consider your risk-to-reward ratio and stick to confirmed signals 🔍. This analysis is based on the provided information and chart. Always conduct your analysis and review your strategies 📚. Also, never forget risk management 🛡️.
Long
by ahmadarz
ATOM-VIP SIGNALATOM LONG X10-X20 We have two entrances I marked the first entry with EP1 If he can break out the orange resistance We take long with 10-20 leverage And our stop will be under the support of white color That is, under the range that is called SL-EP1 LT is This is from the first entry The second entry is also characteristic If it reaches its limit, take long Pay attention, for the second entry, only reaching the limit, not breaking out! I also specified a stop for the second entry Pay attention if the first login is activated The second entry will be canceled altogether And the second entry is for now The first entry will be cancelled Good luck
Long
by FR051
ATOMUSDT BULLISH CONTINUATIONDaily Buying Zone (10.65 to 10.98): On the daily timeframe, you've identified a buying zone for ATOM/USDT between $10.65 and $10.98. This range suggests a level where significant buying interest has historically emerged, possibly acting as a support zone. Traders often look for such areas to enter positions, anticipating a bounce in price from these levels. Fresh Buying Zone for 4-Hour (11.2 to 11.4): Additionally, on the 4-hour timeframe, there's a fresh buying zone identified between $11.2 and $11.4. This zone indicates a recent area where buying pressure has been observed, possibly signaling renewed bullish momentum. Respecting Trendline: You've mentioned that ATOM is respecting a trendline, which adds further confluence to the bullish scenario. When a cryptocurrency respects a trendline, it suggests that the price is following a certain direction, reinforcing the validity of the trend. Expected Rally of 34%: It's noted that the expected rally in ATOM/USDT is around 34%. This indicates the potential upside movement in price from the identified buying zones to the anticipated peak of the rally. Such projections are often based on technical analysis indicators, historical price movements, and market sentiment. Two Target Prices: You've set two target prices, suggesting levels at which you plan to take profits or partially close your position. These target prices are likely based on technical analysis indicators, such as resistance levels or Fibonacci extensions, and help traders manage their trades effectively by having clear exit points. In summary, the analysis suggests a potential trading opportunity in ATOM/USDT, supported by identified buying zones, trendline respect, and an expected rally. By setting target prices and managing risk, traders can navigate the market with a clear plan, aiming to capitalize on potential price movements while protecting their capital from adverse outcomes.
Long
by MOAZAM1133
Cosmos (ATOM) is displaying strong bullish momentumCosmos (ATOM) is displaying strong bullish momentum, with the price surpassing key Fibonacci levels of 0.382 and 0.5, indicating the possibility of further uptrends. The price has recently tested the 0.618 level and closed above it, suggesting buying strength in the short term with a potential target at the 0.786 level, corresponding to prices around $11.50. The Bollinger Bands are widening, signaling increased market volatility and the potential for more significant price movements. The price is trading above the middle line of the Bollinger Bands, which is a bullish signal. The increase in volume during the uptrend confirms bullish control over the market. The Relative Strength Index (RSI) is currently above 50 but not yet indicating overbought conditions, leaving room for potential price increases. Support for ATOM has established at the $10 mark, now acting as a key psychological and technical level. Additional support is found at lower Fibonacci retracements around $9.63 and $9.53, which may be tested in the event of a pullback. If bulls maintain control, future resistance levels may be found at the next Fibonacci levels – 0.786 (around $11.50) and potentially 1 (around $12.50). Market participants should look for signals confirming the continuation of the trend or potential warning signs that may indicate a trend reversal.
Long
by CryptoDiabloo
ATOMUSD 4h have bullish outlookCosmos ( NASDAQ:ATOM ) market on the 4-hour chart presents a compelling scenario for a potential reversal from its recent downtrend as it stabilizes within a strategic accumulation zone. Despite the overarching bearish momentum, suggested by both the declining price action and cautious RSI readings, the proximity to a high volume node just above hints at a forthcoming resistance test. The speculative projection indicates an anticipation of consolidation, followed by an upward trajectory, likely fueled by the confluence of technical support levels and inherent market volatility within this thinly traded range. Investors should remain vigilant, as the underlying #Bitcoin SOPR (yes yes btc sopr) metric implies a broader market hesitation, which could temper the bullish outlook for #ATOM in the short term.
Long
by CryptoDiabloo
ATOM is the best asset nowHello, dear Skyrexians! While Bitcoin has been already reversed for the bear market continuation ATOM has the great change to show some inpulse to the upside. Why I so believe in this asset? The answer is quite simple - Elliott waves structure. We have already seen 5 EW impulse to the upside and current decrease looks like a correction. 0.61 Fibonacci level in conjunction with the bullish reversal bar is a great sign that correction is over and ATOM can go to the new highs. Follow us and never miss update!
Long
by Skyrexio