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ATOMUSD

ATOM - one of the rare coins that didn't dump todayCosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains. Today when almost all markets are in red, ATOM and few other are in green. A lot of people predict that it will follow SOL and AVAX trajectory. As we can see on chart ATOM find support at important 26$ level which is in correlation with Anchored VWAP. Also notice bullish divergence on RSI which indicate that bulls are stepping in at this price level. Right now we are at resistance inside of bullish flag and if we manage to turn in into support I believe we could soon test 40$ level (upper boundary). If SOL/AVAX prediction come true 5-7x from current levels seems as reasonable target! Notice that ATOM/BTC chart also look very good.
Long
by Philippe_0x
5
ATOMUSD eyes at least $60Cosmos is on a strong weekly rise that brought it above its 1D MA50 (blue trend-line) again. The important level to watch is the 1D MA100 (green trend-line). The reason is the following: Every time ATOMUSD broke above its 1D MA100 following a 1D MA50/ MA100 Bearish Cross, a rally started to at least the next +0.5 Fibonacci extension. Right now the price is approaching its 1D MA100, having already made a 1D MA50/ MA100 Bearish Cross. The Bearish Cross can claim that it is a bottom indicator itself, but perhaps even more accurate on forecasting that is the CCI (on 1D) which indicates a bottom every time it completes 3 Higher Lows below the -100.00 level. Having made its second Higher Lows this month, we can argue that one last dip is possible, before Cosmos rises to the next +0.5 Fib extension, which would be 4.0. Our long-term target on that is $60.00. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
COINBASE:ATOMUSDLong
by TradingShot
2
Cosmos (ATOM) - December 17Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ATOMUSD 1W Chart) Above the 8.9843770 point: the uptrend expected to continue Over the 13.9869501-17.6656889 section: Expected to create a new wave. If the price holds above the uptrend line (1), then the uptrend is expected to continue. In the wRSI_SR indicator, we can see that the downtrend has accelerated as the RS line failed to rise above the 20 point and then fell again. We need to see if the RS line breaks above the SR line and can turn into an uptrend. ------------------------------------- (ATOMBTC 1W chart) Above 0.0003749 point: expected to continue uptrend We need to see if we can continue the uptrend along the uptrend line. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.) ---------------------------------
BINANCE:ATOMUSD
by readCrypto
💡Don't miss the great buy opportunity in ATOMUSD @cosmosTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (29.13). . 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 73. Take Profits: TP1= @ 34. 05 TP2= @ 37.96 TP3= @ 40 .90 TP4= @ 44.72 TP5= @ 50.32 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 ❤️
Long
by ForecastCity_World
6
💡Don't miss the great buy opportunity in ATOMUSD @cosmosTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (29.13). . 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 74. Take Profits: TP1= @ 34.05 TP2= @ 37.96 TP3= @ 40.90 TP4= @ 44.72 TP5= @ 50.32 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 ❤️
Long
by ForecastCity
1