Cosmos
ATOMUSDT, This correction movement can be happenHello everybody
ATOM is one the most powerful project that wanna do ... and is working with ... ecosystem and ...
Can do fill the blanks ?
If you cant do it, you should learn fundamental because market was changed and many profitable project released and wanna coming and you should check it first fundamental of ...
If you wanna learn Fundamental & Technical analysis send us messages in private ---> Our id is in profile
According to the chart and last analysis, the price was exactly supported and the support zone area and rised up and now because of the ATH resistance that the price reach to it and impact it the price should recover itself and have some correction but the trend of the market is upward and ATOM can rise up more to the new ATH because of the project and team wanna do in futures and solve ...
If you wanna buy you can buy one step in the support zone area that we shown, we will try to update target as soon as we possible
Good Luck
Abtin
Previous analysis :
$ATOM Ready to Reverse To The UpsideHi, everyone!
In this chart, you will see the key level resistance: 4H chart
Looking at its market structure it was rejected at the key level resistance and went below as much as -15.15%
It was actually in my notes that I made this weekend that my scenario will be:
1. If we see a body break on the resistance, I go long.
2. If we see a price rejection + selling pressure, I go short.
As you can see in the chart posted here we had Scenario #2.
Price Rejection + Selling Pressure, so I did short.
It was actually a risky move for me because we are seeing higher lows coming into the resistance.
Now I think selling pressure has subsided and we are now ready to reverse to the upside.
Rectangle drawings above are my ideal entry prices unless the current candlestick give us a reason to go ahead and long (because it might now reach the price I am looking to buy)
This is my top pick for the week along with $ONE.
I will be updating this and see how it goes.
Thank you for reading.
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Indicators:
ATR
RSI
Stoch RSI
EMA50
ATOM 'cosmos' wont stop..A few days ago I thought Atom is done. Because price hit the previous HH and formed double top with some reversal signals. But after some consolidation, the cosmos give us bullish signals. What is the next target if the price goes as our wish 50? 52? 55? comment below your predictions.
ATOM⚛️ triangle breakoutCOSMOS broke up this triangle 📐 and I think there is chance for run to 51.5 and even higher. Setting BUY LIMIT order to catch the pullback. ATOM ⚛️ come on!
ENTRY : BUY LIMIT - local high @ 41.0
STOPLOSS : local low @ 38.8
TARGETS : TARGET1 - resistance @ 47.9 | TARGET2 - height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 51.5
REWARD RISK RATIO (RRR) : TARGET1 - 3.1 | TARGET2 - 4.8
INVALIDATION : when STOPLOSS level hit
Check my other stuff in related ideas.
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ATOM USDT The triangle was broken. You can take 15% and 21%Hello Trading community.
Nice to meet everyone who is looking for This Ideas. I`m glad to hear your opinion about this .
So what is the Idea.
Atom was broken the triangle and grow up to $44.6. After then we have some correction down to $41.15 and then it started grow again. So we can sure that it is not fake gap and will wait it at $48.6 and $51.2.
First take profit at $48.6 about 50%-60% of deal.
Second TP at $51.2.
This is an article, not financial advice, always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
And please don't forget to support this idea with your like and comment, thank you.
ATOMUSDT - Double Top Pattern!ATOMUSDT (4h Chart) Technical analysis
ATOMUSDT (4h Chart) Currently trading at $34.62
Sell level: Below $33.95
Stop loss: Above $38.5
TP1: $32
TP2: $29
TP3: $27
TP4: $24
Max Leverage 2x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
ATOM topping out?In stark contrast with the rest of the market, Cosmos was able to make a nice run up during the past couple of weeks. Especially if we hold it up against its Bitcoin pairing.
It has currently twice rejected its ATH resistance zone and is playing with RSI overbought levels. EMA's are still curling away from each other so a continuation is also still in the cards. Although I strongly believe Bitcoin will regain some strength here which can offer a nice shorting opportunity for this pair.
What do you think?
ATOM/USDT possible scenarios ATOM/USDT possible scenarios
ATOM in 4 Hours time frame is in the sending channel.
In case it can break its ATH with the high volume we can see higher prices which are pointed in the chart.
Dollar-Cost Averaging (DCA) is the best strategy.
DISCLAIMER: I am NOT a financial adviser. None of what I have communicated verbally or in writing here should be considered as financial advice; it is NOT. Do your own research(DYOR) before investing in any digital asset, and understand that investing in any cryptocurrency is risky. If you do, you need to be prepared to lose your entire investment. I’m only recording my personal Technical Analysis (TA) for educational purposes.
I’m researching on crypto-economy and sharing my understanding with others, therefore these are results of my research NOT financial advice.
📌In case you find it interesting please feel free to share with others.
Cosmos (ATOM) Sell ZoneCosmos (ATOM) Sell Zone
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BIAS
Short-Term : Bearish
Mid-Term : Neutral
Risk : High
On 4 hours timeframe, Cosmos has formed a short term double top and currently on trendline which means we’ll wait for a breakdown before entering a trade.
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$ATOM/USDT SHORT SETUP
Leverage : x1 - x3
Entry Price : 36.5 - 37.9
TP 1 : 35.5
TP 2 : 34.75
TP 3 : 33.35
TP 4 : 30.65
TP 5 : 29.5
TP 6 : 28.15
TP 7 : 26.75
TP 8 : 25.7
Stop Loss : 41.5
*Maximum 2% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Atom headed to the CosmosAtom is about to reach ATH. After a Daily close above ATH, you can look for the fib levels as profit taking levels. $50 as first area to target which would be about a 14% move from ATH.
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Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
(ATOM) On the road to 100 USD ? 📈Hello everyone !
Today H₿ Capital is analyzing Cosmos (ATOM) based on a Weekly chart 📈
What we can see :
- Prices navigate in an ascending channel which is working perfectly since 2019.
- Back in December 2021, prices landed on the lower line of our channel, but, immediately rebounded to the 43$ area where our main resistance is (previous ATH)
- Spreads are near to zero despite the last bullish movement, so people seems to be neutral, which is a good point for bulls.
- There is a nice fib levels convergence.
- Despite this last big moves, we can identify a potential double top on prices and a bearish div on the RSI (wait for the closing time period).
What we can expect :
- If ATOM manages to break the 43$ resistance, then we can expect prices to reach the top of the channel.
- If ATOM failed to break the 43$ resistance level and the double top is confirmed (+ RSI bearish div), then we can expect prices to reach the lower line of the channel (very last support)
Resistances : 43$ (ATH) + Top of the channel
Supports : MM20 / MM50 / Support area / Lower channel
TP1 : 57$ (1.618)
TP2 : 85$ (2.618*)
TP3 : 116$ (3.618)
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MAY THE CRYPTO BE WITH YOU GUYS (D.Y.O.R)