ATOMUSD
ATOMUSDT formed a bullish BAT pattern | Upto 59% expectedPriceline of ATOM / Tether US cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets, and this time I have defined buying zone from 0.786 to 0.886 of X to A Fibonacci projection:
Buy between: 2.201 to 2.028
Sell between: 2.615 to 3.236
Regards,
Atif Akbar (moon333)
ATOMUSDT formed a bullish Cypher | A long opportunityPriceline of Cosmos / Tether US cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.541 to 2.502
Sell between: 2.571 to 2.643
Regards,
Atif Akbar (moon333)
ATOMUSDT formed a bullish Shark | Another good long opportunityPriceline of ATOM / Tether US has formed a bullish shark and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 2.955 to 2.874
Sell between: 3.034 to 3.20
Enjoy your profits and regards,
Atif Akbar (moon333)
atombtc atomusdt cosmos analysis on binance very oversoldBoth atombtc atomusdt chart are very oversold. I can't say any chance it will move up soon but this could be the bottom forming due to a bit of buyers at this stage.
still selling pressure is high, but seems like it might bounce at least once.
We need more volumes though, but keep watching it and wait for good entry.
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ATOM / USD 5 Waves down wait for the wave 4 long play5 waves down here we are about to hit a possible 1.618 wave 3 that doesn't mean it cannot go past 1.618. If we see support here not a bad idea for a play for a possible 50-80% depending on how the wave 4 retrace we get .
long near 1.618 area sell longterm. wait for confirmations
COSMOS (ATOM) Mid-term Support & Resistance zonesHi, ATOM community!
Today I’m going to analyze mid-term trading set up for Cosmos.
We should consider 3 keypoints moments here:
1) Price action near Support Zone 1 shows us little divergence between price and RSI chart. We can see that bears haven’t met much buy power pushing price to support 1
2) Price locked in 3.5$ - 4.2$ zone. I’m expecting sideways until any good news appear to break Resistance 2
3) In the case of positive news/social sentiment, the price could reach Resistance 3 pretty fast
For me, interesting entry points would be 3.4$ or after breaking 4.2$ resistance (which will become support zone eventually)
If you are seasoned scalper, you can try to trade above-mentioned range.
Your comments are appreciated. Thanks for reading