ATOMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Increased risk.
Entry: market and lower
Targets: 15 - 17 - 19
after first target reached move ur stop to breakeven
Stop: ~10.2 (depending of ur risk).
RR: 1 to 5
ALWAYS follow ur RM .
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.
DYOR!
ATOMUSDT
🛠️ ATOM Long Trade Setup 🛠️📈 Analysis:
Market Observation: Layer 1 coins have been performing well recently, with ATOM showing resilience.
Support Area: ATOM is currently trading in a support zone, presenting a potential entry opportunity.
BTC Influence: Considering BTC's potential downward movement, a tighter stop loss is recommended to mitigate risk.
📊 Trade Setup:
Entry: Ladder into a spot long trade in the $11.50 - $12.50 support area.
Target: Take profit at resistance levels of $14.50 - $15.00 or $16.00 - $17.00.
Stop Loss: Place a tight stop loss just below $11.00 to manage risk amid BTC's potential volatility.
🔍 Note: Monitor market conditions closely and adjust your strategy accordingly. Be prepared for fluctuations in BTC's price and its impact on ATOM. Consider setting trailing stops to protect profits.
Cryptolean Cosmos ATOM Update After printing a double top in the daily chart, Cosmos declined and now is trying to reverse from the key daily support level at $11.42, re-testing $12.09 resistance.
A bullish break-out of $12.09 and a bullish candle closure above this level will result in a re-test of $12.89-$13.46 and, possibly, higher.
A rejection $12.09 followed by a bearish break-out of $11.42 will push #ATOM price lower towards $10.16.
Intraday Chart
The ATOMUSDT 4-Hour chart is bearish and teasing $12.24, the key intraday resistance.
A bearish rejection of $12.24 will push Cosmos price towards the key intraday support zone at $10.11-$10.71, where I will be closely watching the price action of ATOM.
A bullish break-out of $12.24 will push price to re-test $13.54, however the price action may be slow and choppy.
Support once read!
Thank you.
ATOM: Pullback in UptrendTrade setup : Price is in an Uptrend. Pullback near $12.00 support could be a swing trade entry opportunity in Uptrend, with +20% upside potential back to $14.30. Stop Loss (SL) level at $10.90.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $12.00 (previous resistance), then $10.00. The nearest Resistance Zone is $14.30, then $15.50.
ATOM/USDT Bullish ride boom from demand?🚀 ATOM BOOM💎 Yello ladies and gentlemen! Get ready for an exciting chance with #ATOMUSDT as we've spotted it bouncing around in a range, hinting at potential price movements ahead.
💎 Checking out #ATOM, it's been giving a nod to its short-term resistance (RI). We're eyeing a bullish leap from the demand zone at $9.249, but that's banking on the price keeping up its energy at this level. If it manages to do so, we might just see it bust through RI and embark on a bullish journey.
💎 Ready to catch every opportunity? Keep your eyes peeled if the CRYPTOCAP:ATOM slips below the DZ. In that case, a cool, calculated wait for a bullish swing from the lower demand zone at $8.417 is the move, thanks to the juicy liquidity waiting there. Dipping below that? Brace for a possible dip.
Swing trade setup on Atom coin Atom 4h chart is given. Price did a clear break of structure with leaving Behind a proper Fvg with Order block. And did break previous bearish Order block. That is now breaker Block. Also formed liquidity zones where we will enter Long in our position. This is my idea. What's yours?
ATOM/USDT potential upward move from demand? 👀 🚀Atom💎Paradisers, it's crucial to pay attention as #ATOMUSDT shows significant activity after a rejection at the Fibonacci 0.786 level. This cryptocurrency is now poised for a potential move upward from its current demand zone. If it can sustain momentum, we're looking at a high chance for a strong bullish surge. However, it's essential to remain alert and carefully observe the price action.
💎Adapting to Market Changes: Should #ATOM struggle to maintain its momentum from this demand level, it's time for savvy trading decisions. Adapting our strategy to align with the prevailing market sentiment is crucial. Expectations are set for a bullish rebound from the key support at $12.214, underlining the importance of staying flexible and responsive to market dynamics.
💎Navigating Market Uncertainties: Considering the market's unpredictability, a break below of NASDAQ:ATOM from the key support level would signal that sellers have gained the upper hand, leading us into bearish territory. This development would necessitate a strategic reassessment, as it clearly indicates a shift in market sentiment favoring the bears.
💎 Strategic Considerations for Paradisers: In these times of market fluctuation, keeping a close watch on key indicators and being prepared to pivot your strategy accordingly is paramount. Your ability to adapt and respond to market sentiments as they evolve will be key to navigating the uncertainties of the cryptocurrency market. The Paradise Team is here to guide you through these developments, ensuring you're equipped to make informed trading decisions.
ATOMUSDT.1DBased on the provided market data, ATOM/USDT is currently trading at 13.683. It's within a moderate bullish trend on the 4-hour chart (Rsi4h: 60.12, Macd4h: 0.103) and showing strong bullish signals on the daily and 7-day timeframe (Rsi1d: 68.44, Macd1d: 0.909, Rsi7d: 69.88, Macd7d: 0.863).
On the 4-hour chart, the pair is trading close to its first resistance level at 13.901. If it breaks above this level, the next resistance is at 14.582, followed by 15.395. On the downside, the immediate support levels are at 13.401, 12.650, and 12.289.
On the daily and 7-day charts, the pair has strong resistance at 14.535 and 15.500 respectively, followed by 15.940 and 17.184. The support levels are 11.917 and 10.345 for the 1-day and 7-day charts, respectively.
In terms of Bollinger Bands (Bb), the pair is trading below the 4-hour, daily, and 7-day upper bands, indicating that it is not overbought in these timeframes.
In conclusion, ATOM/USDT shows a bullish trend in the short and medium term. However, as the RSI is above 60 on all the mentioned timeframes, it indicates that the pair could be heading towards the overbought territory, which could lead to a potential price correction. Investors should keep an eye on the resistance levels and RSI to watch for potential breakout or reversal signs. As always, it's important to consider other market factors and your personal risk tolerance when making investment decisions.
It's Finally time for ATOM! Bullish Div. WeeklyAtom has formed a weekly bullish divergence. Atom has been very weak during the past bear market and didn't show any strength in the most recent run.
But it's different and we can expect NASDAQ:ATOM to rise against ETH for at least %200.
ATOM/USDT Ready for a Bullish Rally? 👀🚀ATOM Analysis💎Paradisers, let's explore #ATOMUSDT, as the current market behavior offers a great opportunity for a bullish comeback from its vital support zone.
💎Examining #Cosmos's recent market performance, we notice a consistent 30% drop from its last peak. Nevertheless, its strength at the support level of $8.75 shows the possibility for an upward trend.
💎Despite challenges in setting new highs or surpassing previous achievements, which has created a short-term bearish outlook, the $8.75 mark is essential for #ATOM. This level is on the verge of sparking a significant bullish momentum upon reassessment.
💎As proactive traders, we're always prepared with a backup plan. If #ATOM falls further from this support, we're expecting a bullish revival starting at the secondary support of $7.52. However, it's important to note, breaking this level might signal extended bearish phases.
💎Stay adaptable in your trading approach and alert with the market movements, Paradisers. Your ParadiseTeam is actively watching, ready to guide you through these market fluctuations.
ATOM ANALYSIS (1D)ATOM seems to be completing a large triangle, we are now in the middle of the bullish wave D of this triangle.
By maintaining the green range, it can move towards supply.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#ATOM/USDT#ATOM
The price is moving in a descending triangle on the 12-hour frame, and that triangle has been breached upward
We have a bullish divergence on the RSI indicator
We have stability above the main support level
Entry price 9.52
The first target is 9.80
Second goal 10.18
The third goal is 10.70
ATOMUSDT Elliott Waves AnalysisHello 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.
waiting for atleast 18-21 zone, then will see, will depends on structure
Entry: market and lower
Targets: 17.5 and 19.5
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
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.
DYOR!
🚀 ATOM Breaks Weekly Resistance - Long-Term Opportunity! 📈💹📊 Analysis:
Breakout: ATOM breaks the weekly descending resistance line from August 2022.
Area of Support: Currently in a supportive zone, indicating potential for continued upside.
📉 Trade Strategy:
Long-Term Trade: This is envisioned as a longer-term trade.
Entry Range: Suggested entry between $12.00 - $12.60.
Upside Targets: Aiming for the next resistance levels at around $14.75 - $15.75 or $22.00 - $25.00.
Stop Loss: Positioned just below $11.00.
🌐 Note: Keep a close eye on ATOM's progress and adjust the trade strategy as needed! 🚀📊 #ATOM #Crypto #LongTermTrade 🌐💹
Cosmos (ATOM)Cosmos is one of the pioneer and well known project in crypto market; no introduction needed. Technical wise, after a huge rise, ATOM been in correction phase until recently when ATOM broke the descending triangle as well as the downtrend line. Another point to notice is that Cosmos trading volume has increased significantly. Let's see what happens.
ATOM: Resistance BreakoutTrade setup : Price is in an Uptrend. It broke above $12 resistance, where it got rejected in late 2023, which signals resumption of uptrend, with +12% upside potential to $13.50 near-term. Stop Loss level at $11.10
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, which it broke, then $13.50.
COSMOS Bullish Reversal to $25 - 100% gain in following months!Weekly candled closed inside cloud, signalling E2E trade activation with target of $25.
At the same time we broke out from a multi-year descending triangle formation, which signals a bullish price reversal. Fibonacci extension on the parter targets $24-25 area as well.