📊 ATOM is back at resistance! What's next?Hello, dear TradingView members.
This idea is an ATOM analysis.
ATOM made a 10% ascending move today, and now it's facing the resistance level.
We have been through this resistance a few times before, so there is a possibility of breaking this resistance level if we get enough 'Buy' volumes and support.
There are two possible scenarios.
Scenario One:
The price will get better support with enough Buy volumes to pump once more and break the resistance level.
Scenario Two:
The price will get rejected by the resistance level and fall on support zones.
The Speedometer indicator shows Neutral volumes on the market for ATOM at a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
ATOMUSDT
ATOM between huge volume profile levelsATOM between huge volume profile levels
Breaking the current resistance at $8.25 could lead to a relief run to next higher volume cluster
A second test of lower support at $5.55 more likely IMO (double bottom pattern)
What do you think dear Crypto Nation?
*not financial advice
do your own research before investing
Cosmos Hub (ATOM) - June 29hello?
Traders, welcome.
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Have a good day.
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(ATOMUSDT 1W Chart)
Whether or not it can rise above 7.62 and find support is the key.
(1D chart)
It is important to be supported at 7.33 and above.
However, a move above 5.93 is expected to lead to further upside.
These movements are partly included in the description of the BTC and IXIC charts, but they are caused by the movement of the Stochastic RSI indicator and the shaking to form a bottom section.
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Currently, most coins (tokens) are moving to form a bottom section.
Therefore, in such a position, it is a buying section.
However, just because it is a section to buy should not be an unconditional purchase.
This is because there is no way to know when the price will rise during the buying period.
You should trade in the direction of increasing your investment while increasing your holdings.
It is important to adhere to the basic trading principle of buying when the price moves sideways after falling and selling when the price rises.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move 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-T indicator used in the chart is an indicator of our channel that has not been released yet.
** 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.)
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ATOM - End Of Correction... 🚀Atom has almost finished its corrective phase. We are anticipating one more drop before we take off.
SHORT Trade Idea:
- sell entries now with stops above 9.5
- Targets: 5, 4, 2.5
LONG Trade Idea:
- Once price moves lower once more, look for bullish price action
- Enter with stops below the lows
- Targets: 20, 40, HODL the rest
Goodluck and as always, trade safe!
ATOMUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 8.4 and ~10
after first target reached move ur stop to breakeven
Stop: ~5.6 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 4
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
ATOM | SOARS All The Way up to +$12?As some of you might already seen, ATOM has gained +10% as of me writing this. I believe it is still very good time to hop on board. on.
In the picture we see an inverse head and shoulders pattern and confirmed breakout through the resistance, continuing the journey.
Now the purple area will act as a strong support if the price comes back to retest. I would like to see ATOM rise to the $12 mark and beyond reaching $50+ in the coming months.
I am a new trader and THIS IS NOT financial advise , everyone make sure to think through before you
enter any trade. I did with this one and fun will be fun to watch how this unfolds.
Comments and constructive criticism are warmly welcome!
GOOD LUCK TRADERS AND ENJOY SUMMER!
ATOMUSDT | ATOMIC MISSION TO +$12!As some of you might already seen, ATOM has gained +10% as of me writing this. I believe it is still very good time to hop on board. on.
In the picture we see an inverse head and shoulders pattern and confirmed breakout to the upside.
I am a newbie trader and tend to read posts, not actually write ones. This IS NOT financial advise, everyone make sure to think through before you
enter any trade. I did with this one and fun will be fun to watch how this unfolds.
Comments and constructive criticism are warmly welcome!
GOOD LUCK TRADERS AND ENJOY SUMMER!
Cosmos (ATOM) formed bullish Butterfly for upto 634% big pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin.
On a weekly time frame chart, the price action of ATOM has formed a big bullish Butterfly pattern.
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.
Cosmos Bullish Consolidation Leads To Surprise 101%+ Jump!We will keep it simple on this one.
Cosmos (ATOMUSDT) is now super bullish with 6 days consolidating above EMA10, closing green each time.
This is a type of accumulation that normally lead to strong price jump.
Additional details on the chart.
Namaste.