$ATOM #cosmos resistance breakoutas always, I'm only trading breakouts, so here is another one!
atom is currently testing the 4h resistance around $ 8.7
if we see a good breakout from the one, with good volume, and a good retest, we can set a long order with $ 9.6 as the target (following 4h resistance) and something around 8 as the stop loss, which is the level of the dynamic trendline atom has just broken out from , which could turn into new support
let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
Cosmos
Cosmos breaking outAfter a prolonged downtrend, Cosmos (ATOM) is attempting to form a bottom. The buyers pushed the price above the 20-day EMA ($7.84) on July 1 but the 50-day SMA ($8.81) is likely to act as a strong barrier.
The flattish 20-day EMA and the RSI near the midpoint indicate that the selling pressure may be reducing. If buyers thrust the price above the 50-day SMA, the bullish momentum may pick up and the ATOM/USDT pair could rally to $10.84 and then to $12.50. A break and close above this level could suggest a potential trend change.
This bullish could invalidate in the short term if the price turns down from the current level and breaks below $6.89. If that happens, the pair could again retest the critical support at $5.55.
The 4-hour chart shows that bulls are attempting to flip the 50-SMA into support. If the price rises from the current level and breaks above $8.38, the bulls could challenge the immediate resistance at $8.75. A break above this level could signal the resumption of the up-move. The pair could then rise to $9.
Conversely, if the price turns down and plummets below the moving averages, it will suggest that bears continue to sell at higher levels. The pair could then slide toward $7.18 and then $6.89.
Cosmos High Volume, Same Pattern, Bullish Break (125% Mid-Term)Remember the "same pattern"?
We can see it again on the Cosmos (ATOMBTC) chart.
1) We have a low 13- May.
2) Followed by a lower low 13-June.
3) Followed by a strong bullish breakout.
(Highest volume in more than 6 months after 13-June low, signaling that the bottom is likely to be in).
This simple pattern can lead to 66% price jump, short-term.
Mid and long-term there can be more.
Namaste.
Cosmos Hub (ATOM) - June 29hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ATOMUSDT 1W Chart)
Whether or not it can rise above 7.62 and find support is the key.
(1D chart)
It is important to be supported at 7.33 and above.
However, a move above 5.93 is expected to lead to further upside.
These movements are partly included in the description of the BTC and IXIC charts, but they are caused by the movement of the Stochastic RSI indicator and the shaking to form a bottom section.
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Currently, most coins (tokens) are moving to form a bottom section.
Therefore, in such a position, it is a buying section.
However, just because it is a section to buy should not be an unconditional purchase.
This is because there is no way to know when the price will rise during the buying period.
You should trade in the direction of increasing your investment while increasing your holdings.
It is important to adhere to the basic trading principle of buying when the price moves sideways after falling and selling when the price rises.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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Which one outperforms? AVAX KSM SOL ATOMInteresting to see how similar these charts all are.. taking bets.. which will outperform in the short term? My bet is on SOL, just based off a hierarchy of the risk-curve, and it being a higher cap project, thus more visible, and considered a lower risk trade than the others.
Cosmos Bullish Harmonic Pattern + List Of Signals (77.77%)ATOMBTC Bullish Signals
We have a bullish harmonic pattern on the ATOMBTC chart.
We have really high volume and 4 consecutive green candles, these are 3D candles making the signals stronger.
We have prices moving above EMA10.
We have a strong RSI, trending up.
We have a bullish cross on the MACD.
Previous trade ideas:
Cosmos Bullish Consolidation Leads To Surprise 101%+ Jump!
Thanks for the continued support.
Namaste.
Cosmos (ATOM) formed bullish Butterfly for upto 634% big pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin.
On a weekly time frame chart, the price action of ATOM has formed a big bullish Butterfly pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Cosmos Hub (ATOM) - June 15hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ATOMUSDT 1W Chart)
Below 7.62 is likely to be a mid- to long-term investment area.
Therefore, the key issue is whether it can rise above 7.62 and find support.
(1D chart)
In the short and medium term, it needs to move above 10.32 and find support to turn into an uptrend.
However, careful trading is required as it is expected that the uptrend will continue only when it rises above the uptrend line.
Accordingly, it should rise above 17.65.
The volume profile section is formed below 4.68.
This volume profile section is the source of strength that supports the ATOM coin, so I think that it is a price range that can be purchased by those who want to invest in the medium to long term.
However, since the coin market is unstable, it is recommended to check the sideways movement.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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ATOMUSD Divergence on RSI but trade on confirmation*** ***
For this particular analysis on COSMOS we are using the ATOMUSDT symbol on the Phemex exchange.
*** ***
The idea is on the 1D time-frame where Cosmos has been trading under a Lower Highs trend-line since April 03 2022 and the 1D MA50 (blue trend-line) since April 06. The trend remains bearish towards the next Fibonacci levels (2.5 at 6.163 and 3.0 at 4.146) unless the price breaks above the 1D MA50.
With the 1D RSI on Higher Lows while the price has been on Lower Lows, i.e. on a Bullish Divergence, it might be the time for that bullish break-out above the 1D MA50, being a similar structure as Nov 20 - Dec 20 2021. In the event of a 1D candle close above the 1D MA50, ATOM should target on the medium-term the 1D MA200 (orange trend-line) which right now sits exactly on the Lower Highs trend-line (dashed line) of the January 17 2022 High. A closing above the 1D MA200 would set the price on long-term bullish territory again.
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** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
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ATOM/USDT Secondary trend. Medium-term work. Important zoneMain trend—is in a pronounced uptrend (uptrend channel with a large % step).
Secondary trend—a pronounced downtrend (purple), the last wave inside the channel.
At this point there is an important zone, on which the further price direction trend depends. Everything is shown very accurately (potentially accurately), as in the previous trading idea for this trading pair. ATOM / USD Main trend. A cup. Triangle. 18
This coin on the coinmarketcap: Cosmos
Schematically shown on the chart.
The formation of a large bullish triangle (the final part) in case of a breakdown of the downtrend (+70% to resistance) and then in case of its breakdown of resistance and the breakout (could also go down from resistance—then it would be a triple top) to the fantastic channel targets. The targets to the main zones were shown on the chart.
After all the “tambourine songs” at or near the top of this uptrend—a break-down. Formation of a big “Head and Shoulders”. Targets on the major zones shown on the chart.
Main Trend.
ATOM/USDT Main Trend. Channel. The important zone.
Large scale trading situation now.
The foundation of your trading is your trading strategy and risk management based on your experience. Don't try to guess what you don't understand. Don't inherit the majority of participants—market kamikazes (giving back). Try to evolve and toil, gaining relevant experience in what you didn't initially understand. Slowly but surely become better day by day than you were yesterday, leaving behind the “experts” and anonymous “I know for sure” screamers .
ATOM/USD 1D. The situation right now on the coin.#ATOM/USD 1D Binance. Updated the coin idea. I made a "global" analysis and described the situation for you.
Now I will describe it in text here. Pay attention to the interesting name of the coin - COSMOS (ATOM) . Here is an analogy similar to Terra (Luna). I think everything is clear here. The cosmos is big, the Atom is small (the particle that makes up the Cosmos and our material world as a whole). Hyperlink left the project page in CoinMarketCap.
This coin has been in accumulation since 2019 (history from the Binance exchange chart). Accumulation ~ 2 years.
After accumulation, an impulse occurred, the distribution began exactly near the accumulation goal (the average distribution price is the exact accumulation goal). Showed on the graph.
Also note how clearly the price "respected" (that is, reacted) to this level afterwards (a clear retest when breaking the distribution). I also painted it on the chart.
After leaving the accumulation, a large horizontal channel began to form (shown on the chart). Similar to Bitcoin (consolidation/sideways with lower and upper boundaries).
After the distribution in this horizontal channel (shown on the chart - Distribution), the price has clearly reached the goal of this distribution (also displayed on the chart).
An ascending triangle (rising lows and a flat top) was also formed in this large channel, which was subsequently broken down.
If this triangle works out, its goals are shown on the chart.
It is also worth noting that from the minimums of the accumulation, an upward trendline (purple) began to form, which was very jewelerishly broken down just when leaving the accumulation. There was a retest of this trendline.
All this is shown on the chart.
After the breakout and retest of the ascending trendline from the bottom up, a descending trend of the secondary trend began to form (red on the chart, also designated it - the secondary trend line).
If there is a breakdown of this trend - a reversal of the secondary trend to an upward one (breakout + the proof of breakout / retest).
Now the price is consolidating in a small range at the lower border of the large horizontal channel (possibly a repeat as in the summer of 2021). Pay attention to this point on the chart.
The price from the average values of a large accumulation is still at a good profit (now 155% as shown). That is, those who have accumulated are still in the black. Therefore, there is still a place to sell.
Also note that the volume gradually began to appear. And what this volume was at the peak of the fall (capitulation).
Potential levels from below as well as from above are shown on the chart.
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *With 137 million votes to go and 5 days left, the governance proposal to fork Terra into a new chain without UST is at 64% in favor; it just needs to be at 50% or above in 5 days for the network to launch on May 27th.* Recommended ratio: 3% LUNA, 97% cash. Price remains hovering at fractions of a cent as the vote on whether or not to hardfork the Terra chain goes on for five more days; the 50 MA is about to form a Death Cross on the 200 MA at $69 for the first time since June 2021. Volume remains very high and has been shrinking for five consecutive sessions now, and has favored sellers for six. Parabolic SAR flips bullish at $13.23 resistance. RSI remains flatlined at 14.25 for what is about to be ten consecutive sessions. Stochastic also remains flatlined at max bottom for ten consecutive sessions. MACD remains bearish and is trending up slightly at -23 as it is on the verge of a bullish crossover at -21.35; this will be one to watch leading up to the end of voting. ADX continues trending up slightly at 54 in search of a peak as Price continues to hover close to 0, this is mildly bearish; if it is able to form a peak as Price grows, this would be mildly bullish. If Price is able to breakout above $0.01, the next likely target is a test of $0.27. However, if Price continues to see selling pressure, it will continue to hover in volatility under $0.001. Mental Stop Loss: (two closes above) $0.01.
**There is an argument to be made about the reduced 100m supply of new LUNA being a bullish catalyst for its Price and it very well could, but this argument assumes that the remaining 137 million votes don't go to 'No with Veto' or 'Abstain'.**
LUNA/BUSD Daily TA Cautiously BearishLUNA/BUSD Daily cautiously bearish. *With 17 hours left for the Terra community to vote on whether or not to fork a new chain, 66% remain in favor which all but guarantees that the current chain will become LUNC and the new chain (without UST) will be LUNA on May 26th EST (May 27th SGT). As it currently stands there is still almost no value proposition for buying LUNA before 03:59:51 PM EST (UTC-4) on May 26th (03:59:51 AM SGT (UTC+8) on May 27th) unless you believe that the current LUNA is salvageable and that LUNC will undergo a massive burn along with getting rid of or fixing the UST peg. For long term investors who believe both LUNC and LUNA will have future value similarly to ETC and ETH, this would be a reasonable time to buy a few LUNA.* Recommended ratio: 1% LUNA, 99% cash. Price remains trading under $0.001 cent and will likely continue to do so leading up to the fork on May 26th EST. Volume has been shrinking but remains moderately high and has favored sellers in eight of the past 10 sessions. Parabolic SAR flips bullish at $7.14, this margin is bullish. RSI remains flatlined at 14.25 for a fourteenth consecutive session. Stochastic also remains flatlined (at max bottom) for a fourteenth consecutive session. MACD remains bullish after crossing over in yesterday's session, showing that there is at least some buying interest (probably those who bought to burn). ADX remains trending up slightly at 61 as Price continues to see selling pressure keeping it below $0.001 cent. If Price is able to breakout above $0.01 cent (only way possible is with a massive burn accompanied by buyer interest), then the next likely target is a test of $0.27 cents. The only other option is for it to range here between $0.00016 and $0.00 before it undergoes the rebranding (LUNC). Mental Stop Loss: (two consecutive closes above) $0.01 cent.
KAVA/USD Daily Cautiously BullishKAVA/USD Daily cautiously bullish. *Since 05/12/22 KAVA/USD has gone up 116% so a little bit of resistance here at the top of the descending channel is to be expected.* Recommended ratio: 65% KAVA, 35% cash. Price is currently testing $2.72 resistance and is on the verge of testing the upper trendline of the descending channel from August 2021 at ~$2.95 as resistance. Volume remains very high after printing a record high on 05/12/22 and has been fairly balanced between buyers and sellers over the past week. Parabolic SAR flips bearish at $1.50, this margin is mildly bearish. RSI is currently trending up slightly at 45 after finally breaking out above 38.31 resistance (It had been testing it since 05/15/22); the next resistance is the uptrend line from December 2021 at ~53 (which could potentially coincide with 56.84 resistance). Stochastic currently remains bullish at 99 after going nearly straight up from max bottom on 05/12/22; it's on the verge of testing max top where it can coast in the "autobahn zone" for a while. MACD crossed over bullish in yesterday's session and is currently testing -0.44 resistance; if it can break above it then the next resistance would be at -0.18. ADX is currently trending down at 28 as Price continues to go up, this is mildly bearish; if ADX can bounce here as Price continues to rise then it would help confirm that this is a reversal and not a retracement. If Price is able to break out above the upper trendline of the descending channel from August 2021 (~$2.95) then the next likely target would be a test of $3.31 resistance. However, if Price is rejected here (at either $2.72 resistance or the upper trendline of the descending channel), it will likely test the $2 level as support and may fall as low as the lower trendline of the descending channel at ~$1. Mental Stop Loss: (one close below) $2.19.