Cosmos (ATOM) Price Forecast: Key Buy Zones and Future TargetsCRYPTOCAP:ATOM #ATOM #COSMOS #ATOMUSDT #ATOMUSD
Brief overview of the cryptocurrency Cosmos (ATOM/USDT), from February 6th, I noted buying points and targets for securing profits and drafted a roadmap for the future price movement of Atom (as a rough guide).
Currently, interesting buying points on the correction are $10.00 and $9.40. With subsequent growth targets at $12.00 and $15.00, from which it will be decided whether it will continue to rise or head for a new low.
ATOM Liquidation Heatmap
ATOMUSDC
ATOM⚛️ triangle breakout 2Cosmos broke up this triangle📐 and I think there is chance for run to 52.9 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 31.7
STOPLOSS (SL) : local low @ 27.7
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 52.9
REWARD RISK RATIO (RRR) : 5.3
INVALIDATION : when SL level hit
ETH should be stronger than BTC , so ALTs should be good to go:
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ATOM⚛️ triangle breakoutCOSMOS broke up this triangle 📐 and I think there is chance for run to 51.5 and even higher. Setting BUY LIMIT order to catch the pullback. ATOM ⚛️ come on!
ENTRY : BUY LIMIT - local high @ 41.0
STOPLOSS : local low @ 38.8
TARGETS : TARGET1 - resistance @ 47.9 | TARGET2 - height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 51.5
REWARD RISK RATIO (RRR) : TARGET1 - 3.1 | TARGET2 - 4.8
INVALIDATION : when STOPLOSS level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
ATOMUSD eying 10.00 as possible swingATOMUSD
Since start of this launch it was jumped to the 7.6 level and after that its even fell below the launching price and even reached the historical low level which is 1.081
2.5 and 4.5 levels are acted as important support level for the bullish trend.
And yesterday it has reached around 7.000 level which is a key psychological level and faces some minor reversal and i am expecting ATOMUSD will fall back towards the
.618 Fibonacci retracement level.
And on the upper side it will face some rejection around .786 Fibonacci retracement level.
And it is currently trading within a channel and breaking of the minor channel will pave the way towards 10.000 swing target level.
To the downside the 5.000 level will act as strong support for the bull
LOOKING FOR AN ALT COIN RALLYATOMBTC HAS MADE 5 TOUCHED WITH-IN THE DESCENDING WEDGE.
THE BOTTOM IS MOST LIKELY IN AND NOVEMBER SHOULD BE GOOD FOR ALTS
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