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Atomusdtlong

Will Cosmos ATOM Be Reborn From the Dead Zone?Hello, Skyrexians! Today we have the most hated coin for analysis. Do you remember how everybody told that BINANCE:ATOMUSDT will hit $40 in 2024, but in fact it was one of the worst asset of this year? We have also supposed that price will reach new ATH, but showed you the potential negative scenario which has been played out. Let's try to understand if ATOM still can have significant gains or this is completely dead coin! On the price chart you can see the weekly time frame. In 2020-2021 asses has printed the global wave 1 which consists on 5 waves. Please, don't be confused that wave 4 slightly overlapped wave's 1 top. Sometimes it can happen, Elliott waves is not a math! Since there price is forming the corrective wave 2 which has the very beautiful shape. Wave A is impulse, wave B is a triangle and wave C is also impulse which could be already finished. You can see that wave 2 reached 0.61 Fibonacci retracement zone and have some reaction from here. Moreover, Bullish/Bearish Reversal Bars Indicator has printed the green dot almost at the bottom. You can see how it performed in the past. For example, after the red dot in 2021 the huge crash has been started. Another one very important thing is that in March 2024 the mood was super bullish for ATOM, but in September it dramatically changed to bearish. Now almost everybody tells that it's scam and dead coin. You, probably understand that on negative sentiment it's much easier to pump for asset's price. Wave 2 in our opinion has been finished, now it's time for the wave 3. If we apply our calculations technique the potential target is between $75 and $113. Price broke through the white line. In the upcoming month it's vital to find support above it and don't broke in the opposite direction. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Long
by Skyrexio
3
Wait for best positionATOMUSDT Analysis 📊 Key Levels: Resistance Level: $7.116 🔴 Support Level: $5.051 🟢 Entry Level: Around $6.270 to $6.318 🚀 Take Profit Points (TP): TP-1: $6.550 🥇 TP-2: $6.851 🥈 TP-3: $7.082 🥉 Trend Analysis: Bullish Movement (Pump): The chart indicates the best entry point after breaking the resistance at $6.318 🚀. In this case, there is a strong probability of a bullish move that could push the price to the specified targets 📈. Entry and Exit Points: Entry: When the confirmed candle is around $6. 📥 Exit: At target levels $6.550, $6.851, and $7.082 depending on risk tolerance and profit goals 📤. Risk Management: Stop Loss: Around $5.744 to $5.713 ❌. Profit Target: Up to 17% 📈. Recommendations: Profit Expectation: If you aim for a 17% profit, wait for the price to reach $7.116 🤑. Entry Condition: It’s best to enter after confirming the resistance break and closing the candle above $6.318 ✅. Position Management: Always consider your risk-to-reward ratio and stick to confirmed signals 🔍. This analysis is based on the provided information and chart. Always conduct your analysis and review your strategies 📚. Also, never forget risk management 🛡️.
Long
by ahmadarz
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. 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!
Long
by trytofeelpositive
🛠️ 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.
Long
by Richtv_official
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!
Long
by trytofeelpositive
ATOMUSDT Elliott Waves (Local Setup)Hello 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. 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! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
2
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.
Long
by CryptoDiabloo
COSMOS NETWORK AKA ATOMCheck out Cosmos Network , a heavy hitter in blockchain with a whopping $45.416 billion market cap as of writing. This place is a factory for fast blockchain creation and it's got the cash of web 3 VCs backing it. Built on IBC . Now, let's talk $BINANCE:ATOMUSD. This coin's set for a big leap in the 2024 bull run. Think of it as stacking sats and eth, but with more firepower. This is where the smart money's at. DeFi is evolving fast. Fall behind and you're just fodder for the big players. (Valortraders will receive institutional funds to trade with within the next decade) Stay ahead and you own the game. Come 2025, the slow ones are going to be left holding an empty bag, while the sharp ones take it all. We're going to see a lot of new faces buying their first crypto, messing around with their first wallets. But the real play is deeper than the Bitcoin buzz the media's selling. It's about getting in on crypto and DeFi – that's the future. I've been playing this game for eight years. I know the market's rhythms – it's all about timing and insight. With the right moves, a 100% win rate isn't just possible; it's within reach. So here's the plan: dive into $BINANCE:ATOMUSD. This isn't just a trade nor a shitcoin; it's a calculated move. We're going to ride this wave and come out on top. Cheers to all the winners and the liquidity givers. Valortraders on top. Shaking up the trading industry one line of code at a time. Always looking for visionary builders with strong skills. Don't hesitate to DM me with any questions. My purpose is to help people become better traders.
Long
by Orgest
4