ATOM/USD - Price discovery to $60, old ATH crushed! 🚀ATOM is looking sexy. We made the old ATH which was our key resistance support today... what does this mean?
Remember when BTC passed $20k or ETH $1,400? Their old ATH? They both doubled after and then some!
Hence ATOM is on a path to $60 and above. The technicals are very clear.
So long our support holds, I expect ATOM to make quick gains. The daily timeframe and above support this, plus volume on this breakout was significant! All giving good confidence signs.
Hence buying this support with a stop loss under is a great idea. Enjoy the ride!
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ATOMUSD
Cosmos (ATOM) - September 16Hello?
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(ATOMUSD 1W Chart)
If the price holds above the 8.9843770-10.6181781 range, we expect the uptrend to continue.
In particular, if the price is maintained above the high point of 17.6656889, it is expected to create a new wave.
(1D chart)
If the price is maintained in the range of 32.82772488-36.7282127, it is expected that the uptrend will continue.
If it goes down, you should check to see if it finds support at the 30.8767670-32.82772488 zone.
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(ATOMBTC 1W chart)
If the price holds above the 0.0003152-0.0003749 range, we expect the uptrend to continue.
In particular, if the price is maintained above the 0.0005845-0.0007650 range, it is expected to create a new wave.
(1D chart)
If the price is maintained in the critical range of 0.0005845-0.0007650, the uptrend is expected to continue.
If you fall from the 0.0005845 point, you can touch near the 0.0004898 point, so you need a short stop loss.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of 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.)
ATOMUSD peak at $132 at leastPattern: Fibonacci Channel on 1D.
Signal: Buy as the price broke above the previous Higher High, after bouncing off the 1D MA50 (blue trend-line) with the LMACD on a Bullish Cross. This combination of factors has previously resulted in a very aggressive rally within the pattern to a new Higher High.
Target: $130 (just below the 2.0 Fibonacci extension).
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#ATOM to $71.11 | #COSMOS #ATOMUSDHello Padawans,
I see a risk here as well, is it a bearish divergent or a bullish divergent?
But ATOM has a huge capitalisation, low total supply, and huge bullish fundamentals.
In my point of view, ATOM has to deserve something more than this.
Let's see what will happen,
Cheers,
May the force be with you.
ATOM COSMOS if you are lucky enough hi, around 1 week ago i gave the idea of atomusdt. I explain it that you should take the positions after breakout and retest and it was around 23-24 and then it touches to ATH 30
Now as i am expecting a BTC to retrace back to 41-42 considered to be the final correction then there is the possibility that you can get the chance to get in around 23-24 area currently there is no point to take entry in that i will wait for it to get into my zone otherwise I will look for other options
I am always be a believer of riskfree trades
Like and comment
Comment below if your want fancy charts with a lot of drawings that are pleasant to eye may be they don't worth it just look cool . i usually remove all my drawings to keep it simple so that you can clearly understand the idea
Cosmos - The sleeping ATOM bombATOMUSDT had a very nice pullback back to the previous ATHs and has now reclaimed a key support level. Support turned into resistance and back into support. When Cosmos launched it had a nice big correction vs USD & BTC which was needed as the project launched with a huge ROI as it was at least 2 years in the making while many other projects launched much sooner. That meant there was a lot of potential selling pressure, but now that seems to be gone.
Not only that, but ATOMBTC is looking like a huge accumulation and ATOM is one of the few high profile and important projects out there that haven't had a big pump yet. In my opinion that time is coming or is already here.
Initially I'd expect it to find some resistance near its ATHs and then slowly break them and go significantly higher.
(Update) ATOM's Correction is happening!Hi every one
COSMOS / TETHERUS
This is an Update on ATOM! as you can see the Crab pattern worked perfectly and Made a Strong Bullish Movement. now Is Time For corrections! the Corrections Can Be up to the 0.5 line of the Fibonacci Retracement! Note That the Bullish Trend can continue after The Correction Ends!
Previous Analysis:
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Thank you for seeing idea .
Have a nice day and Good luck
(Update) ATOM has no difficulty to reach 22$Hi every one
COSMOS / TETHERUS
ATOM/USDT has Broken the Symmetrical triangle . Now the road to 22$ if Achieved Pretty easily.
previous analysis:
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Atom gonna hit hard to the resistance levelAtom currently trading at 22.20. Grab this beast for atleast 5% Profit till to its previoous high ( resitance zone) marked in the chart. also the atr based indicator gonna flash buy signal and most importantly the price is above the 200 ema and rsi is avobe the 50 level. Grab it with low risk.
Stoploss : not required!