ATOM Make it or break it - Road to new ATHI'm a long term crypto veteran. Recently decided to start posting my ideas on Trading View.
I manage public crypto strategies on ICONOMI. Founder of INVESTMOX CAPITAL, which manages over 1M€ assets publicly. Anyone can see our public track record. Most of traders here just shitpost. We put our money where our mouth is.
Trading idea featured here is: ATOM/USD
I believe ATOM is in an area make it or break it. It's still possible we drop bellow trend line and fill square box. That's a perfect entry i believe.
Fundamentaly looking at the asset i believe it's primed for new ATH. We have all time highs in onchain activity, Theta upgrade is going live within 10 days, Evmos and Gravity DEX are launching --> Ethereum assets are getting interoperable.
I believe there are 0 reasons to be bearish. Unless a black swan event happens, but that's another story. I believe we are in perfect zone to DCA in before we reach new ATH (All time high).
NOTE: Trade at your own risk. I am just sharing my plan. I put my money where my mouth is and you can clearly see which assets we hold in our portfolios, the performance of portfolio, etc...
ATOMUSD
Trading opportunity in ATOMUSDTBased on technical factors there is a short position in :
📊 ATOMUSDT Cosmos
🔴 Short Now 28.85
🧯 Stop loss 31.80
🏹 Target 1 27.20
🏹 Target 2 24.20
🏹 Target 3 20.20
🏹 Target 4 17.20
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
Accumulate below $30, get ready for potential price discoverygm fren,
Increased my bags recently around $28, if the overall trend remains bullish, I think we will see COINBASE:ATOMUSD enter price discovery.
You can also accumulate below $30 and sell around $35 for a "safe" short term 15% markup. Possible we make a couple of round trips between $30 and $35.
Long term outlook remains good because the COINBASE:ATOMUSD ecosystem is very strong and promising.
Invalidation would be if we tank below $26 in which case make sure you have your diaper on.
DYOR
ATOM looks poised for breakoutDisclaimer: New to TA, please provide comments/critiques/agreement in comments! BINANCE:ATOMUSDT
Looks like atom has been getting compressed into shorter microtrends. I think we are at a point where it could either climb up quickly w/ ongoing volume or dip below lower trendline and begin a descent. Will be watching closely and making a small purchase prior to expected breakout. ATOM has been my favorite crypto for a long time now so might contain a little bias
ATOMUSD H8: 175%+ gains THE BEST Level to BUY/HOLD (NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
ATOMUSD H8: 175%+ gains THE BEST Level to BUY/HOLD (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ATOMUSD H8 chart review
::: UPDATED/REVISED OUTLOOK
::: chart looks good / IHS in progress
::: setup still valid as of right now
::: noteworthy compression in progress
::: expecting one final pullback soon
::: get ready to BUY LOW later
::: best reload bulls near 15/16USD later
::: expecting 175% bull run
::: re-test of neckline level near 42 USD
::: perfect target for a swing trade
::: BULLS stay out be ready later
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +175% gains later
::: expecting decent gains soon
::: 30-45% CORRECTION short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +175% gains / 42USD
::: BEST reload BULLS near 16 USD
::: TP BULLS is 42 USD final exit
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ATOM formed cypher for upto 28% profit rallyHi dear friends, hope you are well and welcome to the new trade setup of Cosmos (ATOM) coin with BTC pair.
Previously we had a nice harmonic trade of ATOM:
Now on a 4-hr time frame, ATOM formed bullish Cypher pattern. At the moment, after the completion of the final leg, the priceline is moved slightly up. Therefore, we need to wait for a little correction to buy it from the buying zone.
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/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
If you press play on the previous chart, you'll see that wave 1 has been completed and wave (2) has also completed and retraced a bit further than predicted. Prediction was 36 and we got 22 lol. The start of this new wave is 20 so If this new impulse wave is correct the bottom of wave (2) is already in and we should be working towards wave (3). If this chart plays out then it would be safe to say that we're in altseason. Wave (3) top can be a bit lower than predicted, making the wave (5) line longer, however the top of these waves should be relatively around the area of my prediction.
ATOM - showing signs of strengthATOM is the native coin of the COSMOS ecosystem. Mainly used for governance and staking, it is set to gain better value accrual this 2022. Mainly bullish on the coin due to 1) superfluid staking 2) interchain security 3) NFT marketplace 4) airdrops 5) EVMOS launch. Many of which will increase transaction count. Should value accrual be done right this time, alongside the hype with LUNA as the IBC ecosystem, we could be seeing a good increase in value. Technicals wise, we will analyze the possible move based on fibonacci pulled from the swing low in Jun 2021 and Swing high in Sept 2021. You can learn more about how to use the fibonacci retracement tool here . The recent bounce off the 0.382 fib and break of brearish trendline makes ATOM a potentially good trade
Trading plan - 3 scenarios
Very bullish -30%
Currently sitting at a price of $30 on 27/2, this would be the DCA price you have, selling at the 0.786 fib at $36 for repeated 20% gains. The fib was an old resistance which ATOM has retraced constantly from to the 0.618 levels at $30. You could then take profits at ATH at $44, wait for a retrace till $36 again to load up. Upper targets are 36, 44, 67 and 104, with the 1st week of April being the projected end of trading time frame. Levels are possibly visited once volume kicks in and IBC narrative is pushed forth. TLDR - sell on upper fibs, rebuy on fib retracements at lower levels or retest of ATH after it has been broken (some people might not get filled due to front running once ATH is broken)
Conservative bullish - 40%
Quite a normal behaviour based on the timeline of price action we see in ATOM + suspected delay of any of the above stated protocols. Here, we would expect a retracement towards $24 (retest of bearish trendline) to $26 (0.5 fib levels). DCAing at this range or slightly below 0.5 fib level would be key. Constantly selling above 0.618 fib levels ($30) could provide 16-20% gains as well, but remember to rebuy in at 0.618 levels if a new bullish trendline support is formed.. Upper targets are 36 and then ATH at 44 and then possibly 48-55 (10% rule past break of ATH, middle value between 45 and the 1.618 fib extension)
Bearish - 30%
Due to heavy bearish macrofactors. scam weekend pump, or delayed ecosystem launches, selling volume may spike and ATOM may see a retracement back to $21 (lower 0.382 fib) as stoplosses get hit and cascade of sells occur. I would then expect to see a reattempt to break out of the trendline, only to be rejected. If a breakout occurs but brearish stance remains, it would be good to add to the shorts near upper fib lines $26 (0.5 fib levels). TLDR - short on breakdown and then retest of bearish trendline, and also short on retracement to upper fibs. Lower targets are 21.7, 17.1, 16.3
Am generally more bullish due to lower selling volume as well as high selling volume bringing down price lesser. Due to volatile macroeconomics, if you are trading on platforms, be sure that it offers spot and perps like Bybit . it would be better to stay in spot rather than be trading perps/futures to prevent liquidation. Remember to set a stop loss to have a good sleep
ATOM is copying BTC but...we can observe that the priceaction has respected the blue dotted trendline for quite a while, almost a year. A rupture would almost certainly cause bleeding at least up to $11, which is quite far away. The opposite case sees the break of the high green trendline and the conquest of new peaks.
Based on what happens do your job.
#ATOM/USDT 12HOUR UPDATE BY CRYPTOSANDERSWelcome to ATOM/USDT quick analysis
I have tried my best to bring the best possible outcome in this chart.
Hello members, welcome to our ATOM/USDT 12hr update,
Atom/usdt currently trading inside a flag pattern in the higher time frame.
There are high chances to bounce from the lower trend line or green zone which are working as strong support.
If it bounces then we will be able to see an almost 40%-50% rally.
This chart will be invalidated if it breaks the lower trend line.
Entry:-$23.50,$26.00
Target:-40% TO 50%
Stoploss:-$21.08
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of ATOM in the next quarter?
Share your views in the comment section.
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...
ATOMUSD D1: 350% gains BEST level BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
ATOMUSD D1: 350% gains BEST level BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: ATOMUSD 1days/candle chart review
::: bulls still maintain control
::: stage1 pump 450%
::: stage2 pump was also 450%
::: expecting stage3 pump 350% gains
::: AB CD EF = 350% gains
::: LOG SCALE chart
::: right now accumulation MODE
::: expecting more weakness 4-6 weeks
::: then expecting reversal
::: BEST RELOAD bulls is near 16-18USD
::: final TP bulls is +350% gains
::: bull run not over yet
::: BUY/HOLD setup TP +350%
::: for now bulls should stay out
::: correction mode for 4-6 weeks
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +350% gains
::: details: see chart
::: FINAL TP is 350% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ATOMUSD bearish outlook, looking at $26ATOMUSD 1D tf, previous big red daily candle closed in a "bearish engulfing" fashion, as the price action failed to break through the twist, with a red Kumo cloud ahead: bearish outlook. Price action could "creep" below the cloud as it falls down to previous fib support around $26, it's not a matter of "if" but rather "when". ATOMBTC price action is also trying to break through a twist at the moment on the daily tf, if it also fails to do so the breakdown could be more brutal - it is within the realm of possibilities as I spotted a false breakout on the 1D, red candle close below the previous high, rejected at the SSA).
ATOM Mooned -> Rising WedgeNot only did the 4 hour and the 1 hour match up several times on Buys, but it held strong through BTC dumps.
However, we are now in a rising Wedge. We have a 4 Hour Bear Divergence.
I don't recommend to short unless we fall out of Rising Wedge. I think the Buying may be complete so I advise against buying the dip for now, at least on 1 hour anyway.
💡Don't miss the great buy opportunity in ATOMUSD @cosmosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (26.22).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ATOMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 30.36
TP2= @ 32.20
TP3= @ 37.16
TP4= @ 42.10
TP5= @ 44.54
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in ATOMUSD @cosmosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (26.22).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ATOMUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 30.36
TP2= @ 32.20
TP3= @ 37.16
TP4= @ 42.10
TP5= @ 44.54
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️