ATOM/USDT Primed for an Exponential Rally? 👀🚀ATOM Analysis💎Paradisers, it's time to zone in on #ATOMUSDT as it gears up for a potential bullish turn from its support zone, signaling a promising uptick.
💎Riding the waves of an ascending channel, MYX:COSMOS stands on the brink of testing the support level at $10.19. A notable decrease in volume at this crucial point hints at the likely extension of the bullish trajectory from $10.19, underscored by a volume spike suggesting a momentum shift could be on the horizon.
💎Conversely, if #ATOM's price breaks below this pivotal support, a strategic recalibration will be in order, as we anticipate a bullish resurgence from the next support level at $8.87. Should NASDAQ:ATOM struggle to initiate a bullish phase from this juncture, a further descent may be inevitable.
💎Staying ahead requires vigilance and adaptability as we navigate the evolving dynamics of the #ATOM market, prepared to adjust our strategies accordingly.
Cosmos
WHERE ARE WE ? BACK TO BULL MARKET ?I am reading a lot of "bullmarket is back" opinions here and there, and I don't really find an argument for a V reversal for the 17k low on $BTC yet
I think we are in a rangy phase where good investors/ltf traders will get nice opportunities to build their long term portfolio
I already shared my view on the Cosmos ecosystem, so now I will share my list of alts that I am looking to accumulate and in which proportion and at what average price (ideally):
ETH $750,00 - 10%
SOL $17,00 - 20%
ATOM $8,00 - 30%
SYN $0,50 - 10%
LOOKS $0,15 - 10%
the 20% remaining of the portfolio will stay in cash waiting to ride new cycle narratives
I have no interest in Bitcoin as the expected return is probably lower than newer coins/narratives
Exciting times ahead anyway
Cheers
ATOM//USDT bullish continuation from support? 🚀ATOM Analysis💎 Paradisers, pay close attention to #ATOMUSDT as it reveals an intriguing pattern. Currently, we're evaluating key resistance levels, which could potentially lead to a bullish continuation from the critical support at $11.857. We remain on standby, waiting for the opportune moment before executing our strategy.
💎 In the event that MYX:COSMOS loses momentum at the support level, we have a bullish scenario in mind: a turnaround from the lower support at $11.152. This level boasts substantial liquidity, evidenced by previous robust upward movements and significant green candles.
💎 However, should the price decline below this secondary support, it may signal a shift toward bearish territory, accompanied by increased selling pressure. As we closely monitor the #ATOM market behavior, staying alert and adaptable is essential.
(ATOM) COSMOSBuy signal from supertrend. Green line really far away from the current price. Strong indicator of buying signal. Keep in mind most crypto depends on BTC. If the signal for BTC is strong to progress in an uptrend, then the signal for ATOM is also good. Not that cryptocurrency cannot succeed independent of BTC, it's not often and far and few between. I happened to come across this signal today after realizing what I need to look for and poof I find this ATOM indicator chart quite quickly.
ATOM / Cosmos ecosystem : what now?Following my 2022 idea on the Cosmos ecosystem, we now have
1. Entered the area highlighted
2. A signal (bullish W div & breakup W/M)
-> The idea is now ready to be executed into a trade with targets and SL.
This is a long-term trade, so there is absolutely NO NEED to overmanage it. This is better executed as a spot-holding, which could be partially staked for a small extra APY.
Cheers
ATOM: Resistance BreakoutTrade setup : Price remains in an Uptrend. It has broken back above $12.00 resistance to signal resumption of uptrend, with +20% upside potential to $14.30, where it got rejected 2x (Double Top) in March. Stop Loss (SL) level at $10.60.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $10.00, then $9.00. The nearest Resistance Zone is $12.00, which it broke, then $14.30.
ATOM LOOKS BULLISHIt has an ascending structure. Price had tried to create a bearish CH but failed and only the liquidity pool at the bottom of the chart was swept.
If there is a pullback on the demand range, you can look for buy/long positions.
The targets are clear on the chart.
Closing a one-day candle below the invalidation level
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Cryptolean Cosmos ATOM Update After printing a double top in the daily chart, Cosmos declined and now is trying to reverse from the key daily support level at $11.42, re-testing $12.09 resistance.
A bullish break-out of $12.09 and a bullish candle closure above this level will result in a re-test of $12.89-$13.46 and, possibly, higher.
A rejection $12.09 followed by a bearish break-out of $11.42 will push #ATOM price lower towards $10.16.
Intraday Chart
The ATOMUSDT 4-Hour chart is bearish and teasing $12.24, the key intraday resistance.
A bearish rejection of $12.24 will push Cosmos price towards the key intraday support zone at $10.11-$10.71, where I will be closely watching the price action of ATOM.
A bullish break-out of $12.24 will push price to re-test $13.54, however the price action may be slow and choppy.
Support once read!
Thank you.
ATOM: Pullback in UptrendTrade setup : Price is in an Uptrend. Pullback near $12.00 support could be a swing trade entry opportunity in Uptrend, with +20% upside potential back to $14.30. Stop Loss (SL) level at $10.90.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $12.00 (previous resistance), then $10.00. The nearest Resistance Zone is $14.30, then $15.50.
ATOM - LONG TERM - ATOM, short for Cosmos Atom, is the native cryptocurrency of the Cosmos Network, a decentralized network of interconnected blockchains. Launched in 2019, ATOM serves as the fuel for transactions and network operations within the Cosmos ecosystem.
The Cosmos Network is designed to overcome the limitations of existing blockchain networks by enabling interoperability and scalability. It achieves this through a unique architecture called the Cosmos Hub, which acts as a central hub connecting various independent blockchains called "zones."
ATOM plays a crucial role in the Cosmos Network as it powers the consensus mechanism and governance of the Cosmos Hub. Validators, who secure the network and validate transactions, are rewarded with ATOM tokens for their services. Additionally, ATOM holders have the opportunity to participate in on-chain governance by voting on proposals to upgrade the network, allocate funds, and make other important decisions.
One of the key features of ATOM is its interoperability with other blockchains within the Cosmos Network. Through the use of the Inter-Blockchain Communication (IBC) protocol, ATOM holders can transfer assets and data between different zones seamlessly. This interoperability allows for the creation of interconnected blockchain applications and facilitates cross-chain asset transfers.
ATOM holders can also stake their tokens to participate in the Cosmos Network's proof-of-stake (PoS) consensus mechanism and earn rewards in the form of additional ATOM tokens. Staking ATOM helps secure the network and ensures its continued operation and decentralization.
The Cosmos Network aims to enable the creation of a decentralized internet of blockchains, where different blockchain projects can interact and exchange value freely. ATOM serves as the native currency that powers this vision, facilitating transactions, securing the network, and enabling governance within the Cosmos ecosystem.
Overall, ATOM plays a vital role in the Cosmos Network's mission to build a more scalable, interoperable, and decentralized blockchain infrastructure. As the ecosystem continues to evolve and grow, ATOM is expected to remain at the forefront of innovation in the blockchain space.
COS has formed a bullish pattern below the resistance zoneCOS has formed a bullish pattern below the resistance zone
🔵Entry Zone 0.007891 - 0.008199
🔴SL 0.007362
🟢TP1 0.008969
🟢TP2 0.010858
🟢TP3 0.013847
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ATOM/USDT Ready for a Bullish Rally? 👀🚀ATOM Analysis💎Paradisers, let's explore #ATOMUSDT, as the current market behavior offers a great opportunity for a bullish comeback from its vital support zone.
💎Examining #Cosmos's recent market performance, we notice a consistent 30% drop from its last peak. Nevertheless, its strength at the support level of $8.75 shows the possibility for an upward trend.
💎Despite challenges in setting new highs or surpassing previous achievements, which has created a short-term bearish outlook, the $8.75 mark is essential for #ATOM. This level is on the verge of sparking a significant bullish momentum upon reassessment.
💎As proactive traders, we're always prepared with a backup plan. If #ATOM falls further from this support, we're expecting a bullish revival starting at the secondary support of $7.52. However, it's important to note, breaking this level might signal extended bearish phases.
💎Stay adaptable in your trading approach and alert with the market movements, Paradisers. Your ParadiseTeam is actively watching, ready to guide you through these market fluctuations.
AtomAtom fakeout to down side and then we go up for 20-25%. If btc crash this wont happen.
What Is Cosmos (ATOM)?
In a nutshell, Cosmos 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.
The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.
Cosmos’ origins can be dated back to 2014, when Tendermint, a core contributor to the network, was founded. In 2016, a white paper for Cosmos was published — and a token sale was held the following year. ATOM tokens are earned through a hybrid proof-of-stake algorithm, and they help to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency also has a role in the network’s governance.
Cosmos (ATOM)Cosmos is one of the pioneer and well known project in crypto market; no introduction needed. Technical wise, after a huge rise, ATOM been in correction phase until recently when ATOM broke the descending triangle as well as the downtrend line. Another point to notice is that Cosmos trading volume has increased significantly. Let's see what happens.
ATOM: Resistance BreakoutTrade setup : Price is in an Uptrend. It broke above $12 resistance, where it got rejected in late 2023, which signals resumption of uptrend, with +12% upside potential to $13.50 near-term. Stop Loss level at $11.10
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $12.00, which it broke, then $13.50.
COSMOS Bullish Reversal to $25 - 100% gain in following months!Weekly candled closed inside cloud, signalling E2E trade activation with target of $25.
At the same time we broke out from a multi-year descending triangle formation, which signals a bullish price reversal. Fibonacci extension on the parter targets $24-25 area as well.
Cosmos (ATOM) find entry for 66% potential long?!The market looks super bullish, and ATOM are about to break the weekly downtrend.
Break of the weekly downtrend - and close above 12 dollar - should launch the ATOM rocket, and potentially take ATOM quite quick for huge gains.
One idea could be to play ATOM long, level by level, with 3 targets.
Non financial advice.
ATOM/USDT Break Alert!! Indicating Bullish Momentum for ATOM.💎ATOM has recently exhibited significant market dynamics by breaking out of a major descending channel pattern, signaling a bullish momentum, particularly noteworthy due to the breakout occurring on a high timeframe.
💎 However, further upside probability hinges on overcoming the resistance area to reach our target zone.
💎 In the event of failure to breach the resistance, resulting in rejection, there's a possibility of a downward move towards retesting the support trendline or the demand area.
💎 The demand area holds considerable significance, as a failure to bounce from this level could indicate a bearish reversal, potentially leading to further downward movement for ATOM.
Cosmos (ATOM) Long Term IdeaWithin the bullish rally one of the most iconic altcoin will start a rally in its own.
I expect ATOM to go higher %170 in 40 or 50 days at most.
It's a long term setup analyzed with Elliot Waves Theory.
All targets on the chart.
Risk is a part of the game.
Good luck to us all.
ATOM: Approaching ResistanceTrade setup : Price is in an Uptrend. It broke back above $10 resistance, which signals resumption of uptrend, with +20% upside potential to $12 near-term. Stop Loss level at $8.90.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $12.00.