ATOMUSD
ATOM/USDT - Short ScenarioHello Traders!
After long price distribution in the range of $22.00 - $44.00 ATOM passed to the falling phase.
In case of continuation of descending dynamics of market movement it is possible to expect the further movement of price of assets to the following levels of support.
For medium-term purchases at the moment there are no comfortable prices. It is better to begin the set of assets after decrease in the price to a zone of interest of buyers $4.50 - $6.35. It is best to place buy orders near the support level of $4.50, it can be price values of $4.20 - $5.00.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ATOM Recovery Atom look like it pulled back from low of $8 we and up already we may see bullish in a few weeks. This coin will let you get a 5%+ APY on some of the exchanges. This one have not change since. This coin have High potential for it to recover back to $40. RSI way over sold in the 3 day time frame. Resistant in at the $10. The market is making a recover after fear.
Cosmos Hub (ATOM) - May 9hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(ATOMUSDT 1W Chart)
Above 17.65: Expected to create a new wave.
If it falls below the 11.38-13.76 range, it is highly likely to enter the mid- to long-term investment area, so careful trading is required.
Therefore, a rise above 17.65 is an important spectating point.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
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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Cosmos Hub (ATOM) - April 26hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(ATOMUSDT 1D Chart)
The 17.65-20.06 section is an important support section.
Therefore, it is necessary to check if the 17.65-20.06 section can support and rise.
A move above 31.45 is expected to result in a sharp move.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for 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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Moment of truth for $ATOM$ATOM has been down trending for several weeks, forming a descending triangle. Now price reached support at $23.5 but everything is in $BTC hands.
If you look at the RSI you can see a bullish divergence forming but this is not enough, waiting for more conformations.
I will only go long after a bounce from support with bullish volume followed by a breakout of the triangle's resistance!
I will only go short if price broke below support with huge selling volume:
Be reactive not predictive :)
ATOM Bullflag Still in PlayOn the left we can see a more zoomed in version of the ATOM chart (weekly timeframe) and it shows how price continually forms support areas around the top and middle of the channel
This strengthens the possibility of a successful bullflag
On the right the bullflag is seen more evidently (in the triangle), this triangle is out of the clearest Fib circle which makes me assume a new run is coming.
ATOM/USD Developing the Space of Cosmos - 1 month ChartThis is a real time from the beginning demonstration of me developing a chart. I start with the whole being and whichever time frame houses it well. Here it was 1 month. I normally do this while watching the news or listening to NPR or BBC live stations. Here I am listening to the live Miami Bitcoin Conference.