ATOMUSD is chasing strong support levelATOM is going to hit and run while entering support area. Make sure to check the RSI also on oversold is better.
ATOMUSDT
The $ATOM situation, after the reboundETH just joined the M50 daily which caused a legitimate rejection. In the meantime, ATOM joined the 32ish level which also caused rejection, legitimate one as well.
Now, we want to see a slow retrace to the 29,5-30 level where bulls will need to show up strong to pursue the HTF uptrending
H4 is the key TF, imho
I will be waiting ATOM at this 29,5 level, with cash from the previous short to go long and target 36 / 44 / 97 long term
ATOM short breakoutTotal market:
- still bearish. not the best entry spot as index as found support, but price continues to bleed down.
Daily:
- breaking under s/r level, bears in control of momentum, daily rejection wick higher
4H:
- next 4h candle close expected to be a BB break through support floor
1h: (entry)
- strong bearish candle close w/ bb break thru support - that was my entry signal
Trade management:
- expecting to hold this thru to take profit unless there is a solid spot to take some profits on the way down. Will be basing it on discretion
Stop loss: 26.75
- above both support/resistance areas that have just been broken by bearish breakout candle, and above VPVR high volitility area
Take profit: 20.99
- at daily support level giving me a 2.5R
ATOM - Inverse cup and handle, shot it with the strategyBYBIT:ATOMUSDT
4H trend chart
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ATOM is building a possible inverse cup and handle pattern.
If this 4H candle can break out the support level($25.335), trading strategy as bleow.
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Profit Targets:
a) 23.845~23.24----Fib(1.272~1.382)
b) 22.595~----Fib(1.5)
c) 21.945~----Fib(1.618)
Stop losses:
a) 27.280----Red horizontal ray
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$ATOM 1D update w line trendline on watch on this one too
line on weekly looks even more imp
LTFs/EMAs ww
ATOM/USDT TA UPDATE!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ATOM/USDT update. ATOM looks good here.
It is currently trading above $26 and at this level there is a very strong support for ATOM. I'm expecting a good bounce from here.
It's also making a bull flag like structure in daily time frame where break out is still pending. So IMO it's good to accumulate ATOM at this level with the tight SL.
Entry range:- $25.5-$26.5
Target:- 100-150%
SL:- If any daily candle close below $25.5
If it break below this support level then next supports are at $20 and $17
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ATOM/USDT first $100 or $10 ..?#ATOM/USDT
$ATOM currently trading at Strong support level $26 level.
Recently went upto $44 which is All time high of #ATOM
Now Trading at support level so I am expecting bounce back from $22-$26 level.
Which is also Good accumulation zone.
Stop Loss will be $20 for safe side.
If hold this support then Above Targets are $44 and $100
But if Break down this support then we can see $ATOM price under $10
Support:- $25/20/$10
Resistance:- $44/$100
ATOM TA 22.2.20Atom is on a major support that could rise to a downtrend if supported, but could drop to 21$ if support breaks 25.5$
ATOM : I THINK IT WILL BOUNCE TO THE NEXT RESISTANCE if you saw the atom chart you'll see everything and understand it . i worked with the volume profile to indicate where are the points of control ; i marked the weekly point of control and the daily . not to mention thathe rsi is in good area to bounce up because the are he is in t=right now is a strong support . finally the trend line the price is already touching the trend line for me i ll wait for a confirmation bullish pattern to enter the trade but if it broke the trend line i'll put an order in the price labels in the chart and devide my capital é( PERCENT IN THE FIRST ENTRY POINT AND é( PERCENT IN THE SECOND WHY DO YOU GUYS THINK ???
ATOMUSDTThe basic idea is that some pin bars will retrace to around 50% of the tail, so we can look to enter there with a limit order.
This provides a tight stop loss with our stop loss just above or below the pin bar high or low and a large potential risk reward on the trade as a result.
Play with technicalThe triangle was broken upwards and is pulverizing. Given the support of Bikin in this area, I think the price is likely to increase.
What do you think, does this analysis come true?
ATOM will try to rise.On the H1-H4 ATOM/USDT charts, it is clearly seen that the pair, having pierced the important level around 30.00 (29.97 – the 0.382 Fibonacci correction level of the downward impulse on 25.01-31.01), is trying to return above it. The bullish divergence on the H1 chart supports this rising. The nearest target of growth is 32.73 (Fibonacci correction level 0.618 of the downward impulse 25.01-31.01), the next one is 35.00 (the level determined by the price movement).
How to trade.
Open long in ATOM/USDT after fixing it above the 29.97 (determined according to the M5 chart, if the price bounces up from this level at least 2 times). Stop-loss sets by the level of the minimum formed when fixing above 29.97. The first target level is 32.70. If the trade closes there partially, then use floating stop-loss and close the second part at 35.00.
Cosmos longCosmos broke trough the descending trendline. Asset broke trough the resistance level . Bullish movement to resistance level at 36.88 is possible.
ATOM/USDT 4HOURS ANALYSIS Welcome to this quick Update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
ATOM/USDT broker out the bullish expanding triangle pattern and retested it.
Entry: CMP and inside the green box
Targets 20% TO 30%
Stop Loss: $25.2
What's your thought on this?
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#PEACE
ATOMUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
I am waiting for an upward movement from the current price or through another small rollback to the area of + -37500
Entry: market and lower
Target: 32 - 35 - 37
Stop: under 25 (depending of ur risk). ALWAYS follow ur RM .
after first target reached move ur stop to breakeven
Risk/Reward: 1 to 5
risk is justified
Good luck everyone!
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ATOM/USDT 4HOURS ANALYSIS Welcome to this quick Update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
I have tried my best to bring the best possible outcome in this chart.
ATOMUSDT is about to break this symmetrical triangle pattern.
LONG: CMP
TAKE PROFIT: 20% to 35%
SL: 28.8
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
Atom/USD is that it or another leg?While Atom has done very well over the past 18 months is there another leg to go?
Potentially but I would have to assume there would be more pain and bleed out before we retest or pass prior ATH.
In reality we went from 1.60 in March 2022 to 44 bucks last month. I mean what mroe could you ask for? how about $75 MAYBE?
However if you notice in the Sept/Oct mini alt cycle Atom was one of the laggards to pop.. many other alts had taken off and started to retrace before this even stated to really take off.
Which leads me to think that IF we do get another rally in q2 of 2022 that this one would still act as a laggard. We would have to see more bleed out before whales see enough meat on the bone to really start pumping it.
A lot of people are betting on this 22-26 range to hold, but I just dont see it. To me a good buy it closer to the 15 to 17 dollar range... would line up with the 750 EMA (which I know seems random but a lot of dumps have been touching that EMA this cycle... the 500 day ema was church in the 2017 cycle... but now I think there is just so much more leverage taking place that the flush outs are really pushing those dumps further than normal. Even on exchanges that dont offer margin...the margin exchange cause a stronger flush out and then arbitrage opportunities happen...
ANNNYWAYS TLDR Love ATOM but I'm a buyer at 15-17 dollars while i think it is going to go lower.. Im not going to short it because....
I also dont know what I am talking about...
AtomAtom is at crucial resistance. 4h closing below 30 will trigger a short call towards 28 and 25.5. However, 4h closing above 33 will be a buy side call for 37.2, 42 and 44.
