ATOM - one of the rare coins that didn't dump todayCosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.
Today when almost all markets are in red, ATOM and few other are in green.
A lot of people predict that it will follow SOL and AVAX trajectory.
As we can see on chart ATOM find support at important 26$ level which is in correlation with Anchored VWAP.
Also notice bullish divergence on RSI which indicate that bulls are stepping in at this price level.
Right now we are at resistance inside of bullish flag and if we manage to turn in into support I believe we could soon test 40$ level (upper boundary).
If SOL/AVAX prediction come true 5-7x from current levels seems as reasonable target!
Notice that ATOM/BTC chart also look very good.
Cosmos
Cosmos (ATOM) broke well respected MA Ribbon..Cosmos (ATOM) broke well respected MA Ribbon..
A conformation also given by the breakout on RSI short-term resistance.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
ATOMUSD eyes at least $60Cosmos is on a strong weekly rise that brought it above its 1D MA50 (blue trend-line) again. The important level to watch is the 1D MA100 (green trend-line). The reason is the following:
Every time ATOMUSD broke above its 1D MA100 following a 1D MA50/ MA100 Bearish Cross, a rally started to at least the next +0.5 Fibonacci extension. Right now the price is approaching its 1D MA100, having already made a 1D MA50/ MA100 Bearish Cross. The Bearish Cross can claim that it is a bottom indicator itself, but perhaps even more accurate on forecasting that is the CCI (on 1D) which indicates a bottom every time it completes 3 Higher Lows below the -100.00 level. Having made its second Higher Lows this month, we can argue that one last dip is possible, before Cosmos rises to the next +0.5 Fib extension, which would be 4.0. Our long-term target on that is $60.00.
--------------------------------------------------------------------------------------------------------
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
ATOM BTC COSMOSCHALLENGE:
Post a better chart.
I am interested by the green lines and I have to see how the price develops on these lines on shorter timeframes.
The green box would be a real and Christmas present.
Red box flipping is for me the first signal for bull momentum to resume. Red line flipping and I'm going really big long on this one.
#Cosmos #ATOM right now at well respected MA RibbonCosmos (ATOM) right now at well respected MA Ribbon..
Not a good point to enter the long market.
Therefore a break, flip bullish and conformation should be considered before.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
$ETH Daily TA : Bull or Bear ?According to the previous analysis , we saw that the price reacted positively to its X-Point support range and is currently trading in the range of $ 4000 with a growth of 5% . The price has now reached its important resistance range , where we see the overlap of the descending channel ceiling and the 20-day Exponential Moving Average (EMA20) in this range , the break of these two important resistances will pave the way for the price to rise again .
The Last Analysis :
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 22.DEC.2021
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Cosmos must go sideways in order to break the downtrendHi everyone
I am very interested in the ATOM project. I don't think that ATOM's rally in the long term is over. I believe that we will hit that ATH around March due to the patterns in the past. Of course, everything depends on Bitcoin's action. What do you guys think?
ATOM in good condition to enter the long positionHello dear friends
According to the analysis, this coin if it succeeds in breaking the neckline Can achieve the set goals.
It is now possible to enter by accepting some more risk
And to reduce the risk, you can take action after breaking the neck line by a strong candlestick in one hour.
******Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very important
Thanks dear friends.
Be generous and rich.
ATOMUSDTHello guys , how's doing everybody?
SO Here we are and checking the ATOM chart and this coin is so intressed for me and now the best postion to buy is 21 to 22 $ and if btc crash you can buy it in 16$ and first target is reaching to trendline 24$ and after that 26$ and for long time im expected to see 60$ for atom , DONT MISS THIS COIN IN THIS PRICE
and its not financial Advice , Good luck
Cosmos (ATOM) - Simplify, Zoom Out!The native token of Cosmos, or the main competitor of Polkadot, made a pleasing decline towards support of the Weekly 50EMA.
Polkadot and Atom are both above-average-volatile cryptos & tend to cross their point of true valuation by quite some distance.
For as far as this token goes back in history, the 50-Weekly EMA shows good signs of support.
A volatile strong pullback of more than 50% after 42 days of continuous selling.
Cosmos is a decentralized network of independent parallel blockchains, each powered by their own BFT consensus algorithms like Tendermint consensus. ⛏️
Polkadot is a blockchain protocol that simplifies interoperability by bringing multiple blockchains into one network, the Parachain, sharing the same consensus. ⛏️
Polkadot is hovering over relatively the same area:
Both have the same mision: Interoperability.
In contrast to Cosmos, Polkadot uses Proof of Stake consensus where miners can be found at the heart of the network. In the future of blockchain, I believe that interoperability will be one of those longterm opportunities where money's at.
Interoperability is vital to connect ecosystems in the future. Other projects like Cardano are also building protocols serving this need but not to the same extent.
Out of all three, Cosmos is the one pulling Interoperability to the extremes, promising to support unlimited new blockhains and connecting them via Hubs.
And the advantages don't stop there. Shared security frameworks, modularity, performance and many more aspects are added value by this philosophy.
Both Polkadot and Atom look currently undervalued when relatively compared to the total altcoin market using the same indication:
Additional & interesting information on how Cosmos works can be found here: v1.cosmos.network
Enjoyed reading this article?
Follow me to stay on top of crypto and receive more informational crypto content like this in the future.
Thank you for reading and feel free to leave your thoughts in the comments below! 👋
Cosmos (ATOM) - December 17Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(ATOMUSD 1W Chart)
Above the 8.9843770 point: the uptrend expected to continue
Over the 13.9869501-17.6656889 section: Expected to create a new wave.
If the price holds above the uptrend line (1), then the uptrend is expected to continue.
In the wRSI_SR indicator, we can see that the downtrend has accelerated as the RS line failed to rise above the 20 point and then fell again.
We need to see if the RS line breaks above the SR line and can turn into an uptrend.
-------------------------------------
(ATOMBTC 1W chart)
Above 0.0003749 point: expected to continue uptrend
We need to see if we can continue the uptrend along the uptrend line.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** 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.)
---------------------------------
Do you want a delicious cup of atom ?Hello friends
My idea is that this coin is only one step away from completing the cup pattern
Of course, perhaps if this pattern had been formed in better market conditions, it would have been more likely to occur
But the accumulation of three credible supports can still reinforce the positive possibilities
* *****Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very very important .
Thank you dear friends.
Be generous and rich.
🆓Cosmos (ATOM) Dec-11 #ATOM $ATOM
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 21$ zone
🔴Buy : 22 - 21
🔴Sell : 28 - 34 - 44
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 21$ zone
🔵Sell : 21
🔵Buy : 18 - 16
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
The end of ATOM correction has come ???Hi my friends.
In reviewing the ATOM chart, I came up with some interesting results that I will share with you
This coin is in an intensive correction process after a great climb for about three months
And now it has reached the PRZ range
Please see, and if you have a comment, I will be happy to comment
******Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, thank you. Please Follow me and do not forget that your likes and comments are very very important for me.
Be generous and rich
Cosmos Atom Triple Bottom PatternTriple Bottom Pattern on Cosmos Atom token. If BTC doesn't stays above $46,000 we should see a rally back towards the lower $30s, which is where Cosmos likes to settle on the high side.
Current low price of Atom, $22.59 is right at the 200 day moving average.
If you want to learn more about Cosmos, I recommend a bunch of videos done by @cryptocito and @coneydaddy. And then check out Cosmos' map of zones to see all the projects in the ecosystem, don't forget to hit the testnet switch to display all the cosmos projects in development, it is truly mind-blowing.
Not investment advice and I don't know what I'm doing, but thought it'd be nice to share a little creative moment about a project I've been following.
ATOM managed to get out of the triangle
Hi my friends.
ATOM managed to get out of the triangle, can it break the downtrend line ???
This is a question that I would love to say yes, but it is still too early and we have to wait
In my opinion, if the trend can reach dynamic resistance with high momentum, it can be broken.
And if not, we have to see how powerful the bears are up there!
******Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, thank you. Please Follow me and do not forget that your likes and comments are very very important for me.
Be generous and rich