ATOMUSDT
ATOMUSDT Analysis (STRONG BUY)Hello friends.
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Everything on the chart.
Entry: market and lower
TP: 42 - 55 - 70
after first target reached move ur stop to breakeven
Stop: ~20(depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 8
risk is justified
Good luck everyone!
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Atom ATOMUSDT - Bullish head and shoulders + ascending channel- ATOM is one of the greatest looking coins at this moment on Binance.
- We can see on the weekly chart an inverse head and shoulders pattern with tripple TOP resistance.
- ALL coins dropped hard, but ATOM's uptrend is still intact as the ascending channel still holds.
- Check my related idea about ATOMBTC chart below! It is very bullish.
ATOMUSDT ABC structure on weekly chart? I'm looking at 2 scenarios, if the bullmarket will continue, we might drop to prices around 20$ and it could look like ABC structure and we should be going to new ATH's. Imo BTC is going somewhere below 30k (28-30k bottom) which means blood on ALT's if BTC-D goes up.
this is not financial advice ;)
$ATOM$ATOM :
Pretty interesting chart to get worked on.
Blue Zone = Major Resistance since September 2021
Dark Grey Zone = Accum./Dist. (exactly confirmed by Sine Wave)
Yellow Zone = Buy Zone 01
Green Zone = Buy Zone 02
Three Possible scenes IMO
1.It might Further follow Sine Pattern and oscillates in the Light grey Zone
2. It might form a Double Bottom (indicated in Green Dots) to get rejected at Blue Zone {it could break blue zone., if and only if VMA crosses > Previous ATH}., also shown as Black Arrows.
3. It might further drop down to Green dot., to further gain heavy Volume so as to break the major resistance (Blue Zone)., as it had done previously.
The above scenes hold true if $BTC breaks it Previous weeks highs (Weekly close).
Happy Trading
ATOMUSDT, This correction movement can be happenHello everybody
ATOM is one the most powerful project that wanna do ... and is working with ... ecosystem and ...
Can do fill the blanks ?
If you cant do it, you should learn fundamental because market was changed and many profitable project released and wanna coming and you should check it first fundamental of ...
If you wanna learn Fundamental & Technical analysis send us messages in private ---> Our id is in profile
According to the chart and last analysis, the price was exactly supported and the support zone area and rised up and now because of the ATH resistance that the price reach to it and impact it the price should recover itself and have some correction but the trend of the market is upward and ATOM can rise up more to the new ATH because of the project and team wanna do in futures and solve ...
If you wanna buy you can buy one step in the support zone area that we shown, we will try to update target as soon as we possible
Good Luck
Abtin
Previous analysis :