ATOM Trend Broken!!KEY Levels mapped!
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This is not financial advice. This is for educational purposes only.
Cosmos
Cosmos Surprising- Atom have been more bullish than others altcoins on his come back.
- Seems like we got a Bottom around 5.4$.
- Like always in cryptos, everything can happen as most of altcoins will follow TheKing, so invest wisely.
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Trade Setup
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Buy Zones : 11.5$ - 10.5$
- TP1 : 19.5$
- TP2 : 29$
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2 strategies for this trade :
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1/ - Set a Stop Loss around : 9.5$
- i never do that because cryptos are too volatiles and can make fast dip wicks, i prefer DCA rebuy.
2/ - invest only 25% at actual price and keep some juice.
- invest 75% if Atom back to Bottom around 5.5$
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Stay Safe ! Happy Tr4Ding!
Cosmos Hub (ATOM) - October 17Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(ATOMUSDT 1W Chart)
The key is whether it can rise above 12.282 and find support.
If not, expect to touch around 9.603.
(1D chart)
The key is whether it can find support near 11.377 and move above 12.282.
Otherwise, it is expected to decline to the 8.060-9.603 section.
If it rises above 15.837, it is expected that the uptrend will continue.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Atom(cosmos) update Remember about 2 weeks at 16$
I said we will go lower to 10$ We already touch it and pull pack
Now we can see a strong move up side but it will not last 3-4 days maybe less
Best way to trade it sell gradually or go long for 2 days maximum and start selling
Furthermore , the Moving averages is crossed and going down is high probable.
The continuation to our target around 5$
GOOD LUCK
ATOM Pull-back Reversal - SHORT SETUPHello, I am Tommy.
If this is your first time coming to my idea, thank you very much for taking the time to pay attention to it. My opinions are all subjective and personal. It might be right, or wrong, but there is one thing I can guarantee you will never go wrong - always set the SL for each entry before setting the TP for it.
ATOM Price Chart is building a pull-back reversal, create a price compression with the MA21 line. It's a short setup.
Entry ~ 11.7
ATOM uptrend channel and supply zoneatom is rejected from the daily supply zone and as we can see it's going to retest the Pivot point around 13-13.4$ , we may see a bounce from here, but I think it will be weak,
anyway, just watch levels and make your decisions,
for those who have atom in their budgets, it's better to sell, because we may see a good drop...
I will short if break the daily upward channel
remember as always green is support, Red is resistance
Cosmos: ComebackCosmos has come back below the green strip between $12.75 and $12.17 and should be very careful now, as there isn’t much room left until the support at $11.54. There already is a 40% chance that the altcoin could drop below this mark, which would then trigger further descent. However, as long as Cosmos abides above $11.54, we still primarily expect it to get its act together and to develop strong upwards momentum. Thus, Cosmos should be able to rise above the resistance at $16.96, heading for the green zone between $22.38 and $25.88.
$ATOM - LONG or SHORT ?Hello my Fellow TraderZ,
The day before I had shared the idea of $QNT forming an ASCENDING TRIANGLE and its possible move.
Similar structure is visible on $ATOM #COSMOS on 1 HTF where price is ranging inside the ASCENDING TRIANGLE and constantly getting rejection from $13.2. Breakout Target would be around 6-11% Profit.
But also it is a bit confusing as it seems like it is also forming a Head & Shoulder pattern with the Trendline as the Neckline. Breaking of the neckline would give us the profit ~ 7-10% on Short.
As a trader our task is to trade on both the sides.
Let's see. Good Luck.
Happy Trading. CHEERS!!!
Cosmos Hub (ATOM) - October 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(ATOMUSDT 1W Chart)
Whether the 12.282-15.837 section is supported and able to rise is the key.
(1D chart)
You need to see if you can move up along the uptrend line.
If not, you should check to see if it is supported near 12.282.
If it falls below 12.282, it is likely to move towards the 9.603 area.
The next volatility period is around October 30th.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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$ATOM - Smash the NecklineHello my Fellow TraderZ,
In recent time, is there any coin which has outperformed most other top 50 coins is $ATOM #Cosmos.
Looks like it is once again ready to settle for Upward Movement.
On smaller TF, Inverse Head&Shoulder is almost ready to play out just waiting to break the neckline and retest it to BOOM.
Target is set for ~10% .
CHEERS!!!
ATOM COSMOS INVERSE HEAD AND SHOULDERS!! 10% PUMP INCOMING!!Looking at QNT and Matic which have found their bottom its seems like we are getting a bit of relief rally in other altcoins. I have noticed a few with an inverse head and shoulders Pattern. Matic also had one and it played out. Possible 10% profit if it plays out with ATOM. No financial advise though :) It will be better confirmed if we get above $13.089 and use it as support. If this plays out I will be taking profit around $14.00.
Trading opportunity for ATOMUSDT CosmosBased on technical factors there is a Long position in :
📊 ATOMUSDT Cosmos
🔵 Long Now 13.10
🧯 Stop loss 11.450
🏹 Target 1 16.950
🏹 Target 2 19.990
🏹 Target 3 25.000
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
ATOM inside descending channels#ATOM/USDT
$ATOM is inside a huge descending channel.
🐻 now price is rejected from the middle line of a channel which is the same with the long-term resistance zone, so it is possible that continue its downtrend to break down from support of $10 and touch the lower line of channel, than start a new rally.
🐮 but it price going to hold the support of $10, it will be an easy break out from resistance around $17 to touch the upper line of channel which is the middle line of bigger channel.
in the long-term price can touch the upper line of the bigger channel.
previous weekly analysis of COSMOS
ATOM fibonacci and trend lines#ATOM/USDT
$ATOM broke down from ascending support.
🐻 drop to 0.5 and 0.618 fib levels is a sure thing, just the way can be different.
- price can hold the descending trend line and have a bearish swing inside descending channel.
- and if break down from descending trend line it will dump sharp.
Cosmos ATOM Bear Market RallyFriday the S&P hit a new 52 week low, being oversold right now.
I expect a bounce in the stock market next week, which will determine a bear market rally in the crypto space too!
Cosmos ATOM is one of the cryptocurrencies that have a lot of potential for a bull run.
ATOM/USDT
Entry Range: $12.50 -12.90
Price Target 1: $14.40
Price Target 2: $16.90
Price Target 3: $20.50
Stop Loss: $11.10
ATOM retains its crown, for now. 👑🐻ATOM has been in a 105 day uptrend since making a bottom back in June. Last bull run I was hyper bullish on ATOM but I exited super early around $16 and $27 while it went on to crack $40+. To my defense I was piling in around $3, $5 and $8 when no one was really talking about it. This Bear Market ATOM has proved to be a stand out that has flown under the radar.
Looking at the chart there is a lot to take in. Starting with the uptrend channel you can see it encompasses most of the local tops with the exception of an over throw double top with a rejection back to the Demand Zone.
Demand Zone - Tons of Sell pressure
Supply Zone - Tons of Buying Pressure
I recently entered ATOM in the 12.90 range
If ATOM continues to maintain its structure the next logical move up should lead to the $20 dollar range. What we need to watch for is the trend to not reverse or making a lower high. Note the labeled swing low at $11.51 this is where my stop loss will be but there are more critical levels on the higher time frames, they are just lower.
Typically I roll with a tight stop loss because we are in a Bear Market and you can get whacked hard in a matter of seconds. However, for this trade I am going to allow ATOM more room to flex.
Regardless of the 105 day uptrend we did make a lower high on the weekly and a lower low.
If ATOM loses 11.50 the next level is not much further down around $10-10.40 but you will save an extra 10% by not riding the full swing down.
Even though ATOM is bullish we still must protect our selves because zooming out its entirely possible to see a retest or higher low than its $6 bottom. You have to take into account there is a chance we are starting to notice ATOM at the tail end of its run and not 3rd week of a simple correction.
On the off chance ATOM revisits $6 range I will be a buyer for a long term hold. Given its past performance plus 16% APR for Staking on Binance 6$ would pretty much be a win win situation. At 6$ I would not be looking to sell but switch from trading to DCA strategy.
Please read this post 2-3X and spend some time looking at the chart if you are interested in ATOM, there is a lot going on here
ATOM 1W CHART: