ATOM/USDT : Possible directions to break triangle BINANCE:ATOMUSDT
Hello everyone 😃
There are 2 directions for ATOM.
1️⃣ There is a bullish trendline below current level, Which is not very strong but it can a be good reversal point for ATOM and make enough potential to break triangle's high...
2️⃣ My 2nd vision is based on S&R conduct, If ATOM rejects to hold above trendline;
Then it will retest lower support lines.
There are several located support levels which can be a minor reversal point for ATOM !
📍 Also on daily view, ATOM formed a bullish flag !
📌 Majority is triangle, If ATOM breaks triangle and take hold above it. Then it will be possible for ATOM to see new ATH !!
🔴 All of this setups are valid before minor correction that we mentioned on our BTC exclusive update..
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
Atomusdtlong
ATOMUSDT Waiting for the Symmetric Triangle Breakout!#ATOMUSDT (Day Chart) Technical Analysis Update
Waiting for the symmetric triangle breakout
ATOM/USDT currently trading at $20.45
Buy-level: Above 23.00 (only buy if day candle closes above the triangle)
Stop loss: We will update once we see the breakout
Target 1: $24.60
Target 2: $26.40
Target 3: $30.00
Target 4: $35.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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$ATOM - looks pretty ripe on a breakCurrently breaking the range derived from the 1D chart of the recent consolidation
We also have a pennant/a downward resistance trendline
Flips of these into support will be very positive
Also a flip of recent deviation high 23.2 would be bullish, and a good place to bid once passed
Not much wrong here, awesome project too is Cosmos Atom
Let's see how it and other alts perform while BTC should start to rip higher now
Generally it has meant alts have struggled so if you dont have exposure yet I wouldn't jump the gun
ATOMUSDT: Atom looking a bit like a picture perfect:
It's bull call sweetheart
a potential of kissing $24
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Atom to $45 in days .... never sellas we can see right now we have 2 bullish scenarios:-
1- we can get a breakout from where we stands right now.
2- we will go down to the preferred support area first then we can see breakout surely.
✅ Buy: 18 - 21 ✅
🎯TARGETS:
1- $26.53 (33.40%)
2- $33.75 (69.50%)
3- $45.40 (172.8%)
💵 Trade Size: 5-7% of Portfolio
🚫Invalidation(SL): daily candle close below $14.75
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ATOMUSDT - Symmetrical PatternsSymmetrical triangles, on the other hand, are thought of as continuation patterns developed in markets that are, for the most part, aimless in direction. The market seems listless in its direction. The supply and demand , therefore, seem to be one and the same.
During this period of indecision, the highs and the lows seem to come together at the point of the triangle with virtually no significant volume . Investors just don't know what position to take.
However, when the investors do figure out which way to take the issue, it heads north or south with big volume in comparison to that of the indecisive days and/or weeks leading up to the breakout. The breakout generally occurs in the direction of the existing trend. But, if you are looking for an entry point following a symmetrical triangle, jump into the fray at the breakout point.
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Before to trade my ideas make your own analysis.
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ATOM ( add to watchlist )ATOM / BTC
Nice pump after reaching new low against BTC pair
It already broke long downtrend falling wedge
Now try to breakout and flip strong weekly resistance into support .. BTC Dom in decrease can help the bull
you can accumulate atom after breakout of this resistance
Best wishes
Cosmos ATOM 1D Cup & HandleCOINBASE:ATOMUSD
Exciting times for Atom fans with a potential huge run ahead after completing a near 6 month long cup and handle. $10.18 presents a small challenge but if momentum is swinging it will blow right through. The coin has a strong presence on Coinbase and other big CEX's with in-house staking offered, which will be particularly attractive to new entrants. I can't guess where this lands but I can say it has a smaller circulating supply than UNI and is half the price.
This is not investment advice and trading cryptocurrency is high risk.
ATOMUSD eying 10.00 as possible swingATOMUSD
Since start of this launch it was jumped to the 7.6 level and after that its even fell below the launching price and even reached the historical low level which is 1.081
2.5 and 4.5 levels are acted as important support level for the bullish trend.
And yesterday it has reached around 7.000 level which is a key psychological level and faces some minor reversal and i am expecting ATOMUSD will fall back towards the
.618 Fibonacci retracement level.
And on the upper side it will face some rejection around .786 Fibonacci retracement level.
And it is currently trading within a channel and breaking of the minor channel will pave the way towards 10.000 swing target level.
To the downside the 5.000 level will act as strong support for the bull
ATOMUSDT- Accumulation - interesting level
- global uptrend
last idea:
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
ATOMUSDT - looks bullishtwo scenarios:
- Buying after a breakout of the 6.60 level
- Buying after a breakout mirror level
- Now I see a correction before a good growth.
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Thanks for your support!
the last forecast paid off