Cosmos (ATOM) Renko-Chart without noise - $31.5 to watch forCosmos (ATOM) Renko-Chart without noise - $31.5 to watch for
Breaking this price level would give a clear bullish picture.
But the red price resistance channel is not broken yet.
What do you think? Do you hold ATOM? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
ATOMUSDT
ATOM/USDT 30% up from our entry#ATOM/USDT
$ATOM hit entry :- $22 ✅
Now Trading at $30
So 30% up from our entry.
One more signal Rock….
Now..?
You cam book some profit here guys.
I am still expecting $40-$44
But don’t forget to book profit time to time.
Because market is very volatile.
Support:- $22
Resistance:- $44
ATOM/USD - Major BREAKOUT! ATOM above $30 soon! 🚀ATOM broke the downtrend and today it continued to move higher, similar in some way to Luna's price action.
This means ATOM is ready for a higher valuation and buying a retrace/retest of previous levels is likely to give good returns.
The first key resistance is found at $30 and is likely for ATOM to break that if this momentum continues.
The resistance levels after that are found at $33 and $36.
Let's see how high this can go, indicators are all bullish. So a perfect set-up for a long. ;)
Bias is bullish.
Like and follow if you liked my idea!
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Atom is Ready for breakdown the support levelAtom is ready to break down the support level. It is creating a descending triangle pattern. On the other hand, it can be seen that TSI broke down the zero line.
We should expect support levels to break down soon COINBASE:ATOMUSD KUCOIN:ATOM3LUSDT BYBIT:ATOMUSDT KRAKEN:ATOMUSD
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
-
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.
-
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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or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
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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Also, share your views in the comment section.
Thank You!
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