Cosmos
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.
Cosmos (ATOM) Price Forecast: Key Buy Zones and Future TargetsCRYPTOCAP:ATOM #ATOM #COSMOS #ATOMUSDT #ATOMUSD
Brief overview of the cryptocurrency Cosmos (ATOM/USDT), from February 6th, I noted buying points and targets for securing profits and drafted a roadmap for the future price movement of Atom (as a rough guide).
Currently, interesting buying points on the correction are $10.00 and $9.40. With subsequent growth targets at $12.00 and $15.00, from which it will be decided whether it will continue to rise or head for a new low.
ATOM Liquidation Heatmap
ATOM: Resistance BreakoutTrade setup : Price is in an Uptrend. It broke back above $10 resistance, which could signal resumption of uptrend, with +20% upside potential to $12 near-term. Stop Loss level at $8.90.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, which it broke, then $13.00.
COSUSDT 1H SETUP COSUSDT Analysis - Buying Opportunity
Overview:
Asset: COSUSDT
Current Price: 0.00643
Strategy: Buying Position
Technical Analysis:
Upon reviewing the current COSUSDT chart, a setup is evident, indicating a promising buying opportunity.
The overall trend appears favorable, with signals pointing towards potential growth.
Strengths:
Buy Zone: The current price presents an attractive buying opportunity with minimal risk, making it a favorable entry point.
Dip Strategy: If the price continues to decrease, consider accumulating more as it approaches the clearly defined green zone on the chart.
Transaction Goals:
Profit Target: Profit targets are clearly outlined on the chart in the zone where the transaction is expected to peak.
Stop Loss: A recommended stop-loss is advised to manage risks. Place it strategically to minimize losses in case of unforeseen market movements.
Conclusion:
This analysis suggests a buying opportunity with minimal risk. Loss management strategy and profit targets are clearly defined to guide you throughout the transaction.
Keep an eye on market developments and adjust your strategy accordingly.
Good luck with your transaction!
ATOM Cosmos Price TargetIf you haven`t sold ATOM on the bearish pennant:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for ATOM Cosmos is the next resistance, $11.50.
ATOM: Approaching SupportTrade setup : Trends are mixed. After a bearish breakout from Channel Up pattern, price has also broken below $10 key level and could revisit $8.50 support. That also lines up with a 200-day moving average, which makes $8.50 a robust support zone and a potentially attractive swing trade entry area, which +18% potential upside back to $10. Stop Loss level at $8.17.
Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
Potential Analysis of the COSUSDT The currency pair COS/USDT appears to show indicators that suggest a possible increase in its exchange rate in the upcoming days. Several factors may contribute to this bullish trend.
Technical Analysis: Examination of historical charts reveals the formation of technical patterns, such as ascending triangles or bullish flag configurations, indicating potential upward pressure. Furthermore, technical indicators like the Relative Strength Index (RSI) and moving averages show favorable signals.
Fundamental Factors: Economic and political events can influence exchange rates. Announcements of monetary policies, positive economic indicators, or stable political developments in the countries involved in the currency pair can contribute to an increase in the exchange rate.
Market Conditions: General market conditions, including volatility, liquidity, and overall trends, can also play a crucial role. A positive market sentiment, with increased investor confidence, may foster an upward movement in the exchange rate.
It is essential to note that all analyses come with a degree of uncertainty, and financial markets are subject to unforeseen risks. Therefore, investors should remain vigilant and regularly reassess their positions based on new information and market developments.
ATOM: Approaching SupportTrade setup : Trends are mixed. After a bearish breakout from Channel Up pattern, price has also broken below $10 key level and could revisit $8.50 support. That also lines up with a 200-day moving average, which makes $8.50 a robust support zone and a potentially attractive swing trade entry area, which +18% potential upside back to $10. Stop Loss level at $8.17.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
COSMOS NETWORK AKA ATOMCheck out Cosmos Network , a heavy hitter in blockchain with a whopping $45.416 billion market cap as of writing. This place is a factory for fast blockchain creation and it's got the cash of web 3 VCs backing it. Built on IBC .
Now, let's talk $BINANCE:ATOMUSD. This coin's set for a big leap in the 2024 bull run. Think of it as stacking sats and eth, but with more firepower. This is where the smart money's at.
DeFi is evolving fast. Fall behind and you're just fodder for the big players. (Valortraders will receive institutional funds to trade with within the next decade) Stay ahead and you own the game. Come 2025, the slow ones are going to be left holding an empty bag, while the sharp ones take it all.
We're going to see a lot of new faces buying their first crypto, messing around with their first wallets. But the real play is deeper than the Bitcoin buzz the media's selling. It's about getting in on crypto and DeFi – that's the future.
I've been playing this game for eight years. I know the market's rhythms – it's all about timing and insight. With the right moves, a 100% win rate isn't just possible; it's within reach.
So here's the plan: dive into $BINANCE:ATOMUSD.
This isn't just a trade nor a shitcoin; it's a calculated move.
We're going to ride this wave and come out on top.
Cheers to all the winners and the liquidity givers.
Valortraders on top. Shaking up the trading industry one line of code at a time. Always looking for visionary builders with strong skills. Don't hesitate to DM me with any questions. My purpose is to help people become better traders.
ATOM: Resistance BreakoutTrade setup : Price bounced off of $8.50 support (also 200-day MA) and could revisit $13.00. Momentum is also inflecting bullish again (MACD Histogram rising). Stop Loss (SL) level at $9.40 (just below the breakout level).
Trend : Neutral on Short- and Medium-Term basis and Uptrend on Long-Term basis.
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 $8.50, then $7.50. The nearest Resistance Zone is $10.00, which it broke, then $13.00.
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🛑Stop Loss: 960
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ATOM Technical Analysis• On the daily chart, ATOM is in an upward channel, indicating the potential for reaching higher targets.
• The price is currently trading within a range defined by major resistance and support levels, as visible in the chart.
• If it can maintain this stable price range, there is an expectation that it will eventually reach its major resistance level.
(All analyses will be updated)
This analysis is informational, not financial advice.
ATOM: Resistance BreakoutTrade setup : Price remains in an Uptrend. It bounced off of $8.50 support (also 200-day MA) and could revisit $13.00. Momentum is also inflecting bullish again (MACD Histogram rising). Stop Loss (SL) level at $9.40 (just below the breakout level).
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
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 $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
ATOM: Approaching SupportTrade setup : Following a bearish breakout from a Channel Up pattern, price could pull back to near $8.50 support (also 200-day MA) near-term, which could be an attractive swing entry, with upside back to $13.00 thereafter. Stop Loss (SL) level at $8.15 (just below the prior swing low and below nearest support level).
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
$ATOM - COSMOS Ecosystem Analysis SeriesI will post a series of longer timeframe technical analysis on Cosmos Ecosystem coins.
Cosmos is designed to solve some of the most pressing issues in the blockchain space: scalability, interoperability, and usability. Its unique architecture, centered around the Tendermint consensus mechanism, allows for unparalleled efficiency and speed in transaction processing, making it a go-to choice for developers seeking robustness and reliability.
Let's start with the #ATOM, Cosmos' native token, not only serves as the fuel for this interstellar journey but also as a symbol of stakeholder participation in the governance of this ever-evolving ecosystem. This democratization of control empowers users, ensuring that the direction of Cosmos aligns with the collective will of its community.
ATOM weekly chart shows great long term potential for price appreciation. Price dips to $9-$10 zone is a great buy zone. My first target is $20 and the second target at $30. Not a financial advice. Under $10 I'm accumulating.