ATOMUSDT Long Setup!ATOMUSDT Technical analysis update
ATOM price multiple times bounced from its major support zone at $8.5 l, and multiple times the price touched the trend resistance line. This time, the price is poised to break its resistance trend line and we can expect a good up move.
Buy zone : Below $11.60
Stop loss : $10.30
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Hexa
ATOMUSDT
ATOM: Approaching ResistanceTrade setup : Price is in an Uptrend. It broke back above $10 resistance, which signals resumption of uptrend, with +20% upside potential to $12 near-term. Stop Loss level at $8.90.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $12.00.
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
ATOM/USDT Trade Setup.ATOM is forming a symmetrical triangle pattern, indicating a potential retracement between the blue box, followed by a possible bounce back.
Action plan:
Buy at the current market price (CMP) and consider additional accumulation within the range of the blue box ($9-$9.6).
Set stop loss at $8.55.
Leverage: 5x.
Targets: $10.7, $11.18, $11.87, $12.62.
Note: It's important to conduct your research before investing.
ATOMUSDT Elliott Waves (Local Setup)Hello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 10 - 10.3 - 10.6
Stop: ~8.75 (depending of ur risk).
RR: 1 to 3
ALWAYS follow ur RM.
risk is justified
Good luck everyone!
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ATOM: Resistance BreakoutTrade setup : Price is in an Uptrend. It broke back above $10 resistance, which could signal resumption of uptrend, with +20% upside potential to $12 near-term. Stop Loss level at $8.90.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, which it broke, then $13.00.
Cosmos (ATOM) is displaying strong bullish momentumCosmos (ATOM) is displaying strong bullish momentum, with the price surpassing key Fibonacci levels of 0.382 and 0.5, indicating the possibility of further uptrends. The price has recently tested the 0.618 level and closed above it, suggesting buying strength in the short term with a potential target at the 0.786 level, corresponding to prices around $11.50.
The Bollinger Bands are widening, signaling increased market volatility and the potential for more significant price movements. The price is trading above the middle line of the Bollinger Bands, which is a bullish signal.
The increase in volume during the uptrend confirms bullish control over the market. The Relative Strength Index (RSI) is currently above 50 but not yet indicating overbought conditions, leaving room for potential price increases.
Support for ATOM has established at the $10 mark, now acting as a key psychological and technical level. Additional support is found at lower Fibonacci retracements around $9.63 and $9.53, which may be tested in the event of a pullback.
If bulls maintain control, future resistance levels may be found at the next Fibonacci levels – 0.786 (around $11.50) and potentially 1 (around $12.50). Market participants should look for signals confirming the continuation of the trend or potential warning signs that may indicate a trend reversal.
ATOMUSDT.1DBased on the given market data, the ATOM/USDT pair is currently trading at $10.075. The Relative Strength Index (RSI) on the 4-hour, 1-day, and 7-day charts are 61.07, 58.54, and 56.02 respectively. This suggests a slightly bullish trend because the RSI values are above 50 but below 70, which is considered a neutral zone.
The Moving Average Convergence Divergence (MACD) for the 4-hour, 1-day, and 7-day charts are 0.093, 0.122, and 0.271 respectively. This indicates a bullish trend as the MACD values are positive.
The Bollinger Bands (BB) on the 4-hour, 1-day, and 7-day charts are 10.381, 10.271, and 12.020 respectively. The current price is below the middle band in all three timeframes, indicating that the price is in the lower range of the Bollinger Bands, which could suggest a potential upward movement.
The support levels on the 4-hour, 1-day, and 7-day charts are gradually decreasing, while the resistance levels are increasing, suggesting a broadening price range.
In conclusion, the ATOM/USDT pair is showing a slightly bullish trend in the short term. However, the broadening price range may indicate increased volatility in the future. As always, it is essential to consider other market factors and use proper risk management techniques when trading.
ATOM - global forecastHello, Skyrexians!
Some of you are waiting for alt season and we found the alt coin which have a great growth potential during it. ATOM is in accumulation phase which is about to be finished soon. Elliott waves 1 and 2 were finished as well and the main impulse in wave 3 ahead. We have the target at least at 0.61 Fibonacci level at $28$.
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ATOM Cosmos Price TargetIf you haven`t sold ATOM on the bearish pennant:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for ATOM Cosmos is the next resistance, $11.50.
ATOM/USDT 4HInterval ChartHello everyone, I invite you to review the ATOM chart in the USDT pair, taking into account the four-hour interval. First, we will mark the upward trend channel with the blue lines, where we could see the price breaking down, and the decline itself was close to the height of the previously defined channel. Currently, using the yellow lines, it is worth defining a triangle from which the price starts to exit with an upward movement.
Moving forward, we can move on to marking support areas in the event that the price turns again. And here the first support is at the price of $9.11, which effectively kept the price from further declines. However, if we see a break from the current support again, it may result in a drop to around $8.18.
Looking the other way, we see that the first important resistance is at the level of $10.18, and if the price positively crosses it, it may move towards the second resistance at the level of $11.11.
Please look at the RSI indicator, as there is still room for price increases, and if we look at the STOCH indicator, it should raise caution as we are moving at the upper end of the range, which may influence the willingness to react.
ATOM ANALYSIS🔮 #ATOM Analysis 🚀🚀
💲💲 #ATOM was trading in a Descending Channel Pattern, give a breakout and trying to retests the levels. If the price of #ATOM closes above $9.400 then we will see a bullish move. 📈📈
💸Current Price -- $9.350
📈Target Price -- $12.00
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#ATOM #Cryptocurrency #Breakout #DYOR
🌟🔍 Cosmos (ATOM) and Its Potential Breakout 🌌🔮
🔺 Cosmos (ATOM) in a Major Triangle: ATOM is currently navigating through a large triangle pattern, indicating a significant correction or a "big sleep" phase.
📈 About Osmosis Chain: Before diving into the analysis, it's worth researching the Osmosis chain. Recognized as one of the premier decentralized finance (DeFi) chains within the digital currency market, Osmosis hosts a vibrant ecosystem with numerous coins. Don't miss exploring its enticing ecosystem.
🚀 ATOM's Potential Growth: ATOM has a potential journey of approximately 370% to reach its lifetime high.
🛒 Spot Buying Strategy: For spot purchases, a breakout from the triangle and weekly trendline, with an entry trigger after surpassing $11.356, seems optimal.
🛑 Stop Loss Consideration: It's too early for a precise stop loss figure, but if a bullish trend begins from the current levels, a stop below $8 could be appropriate.
🔍 Strong Support Zone: Currently, a robust support zone exists between $7.5 and $8.331.
🚫 Early Buying Caution: Early buying is not recommended. It's better to wait for further correction or significant upward momentum in the market.
📉 Futures Position Strategy: I'll update you with a lower timeframe analysis for futures positions tomorrow.
📣 What are your thoughts and strategies regarding ATOM's current position and potential breakout? Feel free to share your insights and questions in the comments! 💬🌐 #CosmosATOM #DeFiEcosystem #TradeCityPro
📚 Remember: The cryptocurrency market's volatility requires thorough research and careful risk management. Always consider your investment goals and risk tolerance. 🧠💼
ATOM: Approaching SupportTrade setup : Trends are mixed. After a bearish breakout from Channel Up pattern, price has also broken below $10 key level and could revisit $8.50 support. That also lines up with a 200-day moving average, which makes $8.50 a robust support zone and a potentially attractive swing trade entry area, which +18% potential upside back to $10. Stop Loss level at $8.17.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
ATOMUSD 4h have bullish outlookCosmos ( NASDAQ:ATOM ) market on the 4-hour chart presents a compelling scenario for a potential reversal from its recent downtrend as it stabilizes within a strategic accumulation zone.
Despite the overarching bearish momentum, suggested by both the declining price action and cautious RSI readings, the proximity to a high volume node just above hints at a forthcoming resistance test.
The speculative projection indicates an anticipation of consolidation, followed by an upward trajectory, likely fueled by the confluence of technical support levels and inherent market volatility within this thinly traded range.
Investors should remain vigilant, as the underlying #Bitcoin SOPR (yes yes btc sopr) metric implies a broader market hesitation, which could temper the bullish outlook for #ATOM in the short term.
ATOM - when you will finally pump?Hello, Skyrexians!
Recently I made couple of analysis on ATOM. I told you that correction is almost over. Now this asset is showing us annoying flat. Anyway I still believe that price will reach $18 at least. We can see the confirmed bullish reversal bar. Moreover Awesome Oscillator shows us increasing momentum even on local dump. Today price retraced exactly to 0.61 Fibonacci and found support. If my analysis is right now we are in the best point to buy ATOM.
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ATOMUSDT # 001 ( long shut view $$$ ) Hello dear traders.
Good days .
On monthly Gann Square . ATOMUSDT start it’s bullish move after finish First Gann Square cycle which is matched with breaking Gann Arc resistance at reversal time zone.
It showed that monthly Gann Square is valid and trustable .
ATOMUSDT now is below strong monthly Gann Square Fan line (1/8 fan line ) if broken after pull back and retest it will start crazy bullish rally.
1st weekly bullish Gann square , on 3rd Elliot wave it test 0.5 Gann Box level price .
We expect on monthly Gann Square fill 0.382 Gann Box price level as 3rd super Elliot wave and follow with sharp correction same as 1st week Gann Square .
Chart updated and route plotted with help of Gann Square and Gann Box.
Good luck and safe trades.
Thanks for your support and comments
ATOM - correction is almost overHello, Skyrexians!
Recently we made an analysis about ATOM. We thought that correction was over but looks like price is finishing wave C right now. Price still inside the 0.61 Fibonacci area. We are waiting for the bullish reversal bar below daily alligator. It is gonna be the sign of the correction finish.
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ATOM: Approaching SupportTrade setup : Trends are mixed. After a bearish breakout from Channel Up pattern, price has also broken below $10 key level and could revisit $8.50 support. That also lines up with a 200-day moving average, which makes $8.50 a robust support zone and a potentially attractive swing trade entry area, which +18% potential upside back to $10. Stop Loss level at $8.17.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.