Cosmos
ATOM BTC is Trading on September 2019 Levels. Reversal SignalsBINANCE:ATOMBTC is now trading at Sept 2019 levels from where it bounced like a rocket last year. Scroll left and see the highlighted box.
Its already done with retracement and currently moving from V bottom inside the channel its an LTF chart we will keep looking at it because it will soon be bullish.
Indicators:
TK Cross took place, Rsi is turning bullish and Volume is increasing.
Ema 20, 50 crossover is almost near.
Happy trading.
Cosmos (ATOM) - December 31Hello?
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You need to make sure you can get support at point 5.314.
You'll also need to climb above the 5.443 point to see if you can get support.
We have to see if we can create a big wave by stocking up force while moving sideways in the 4.684-5.443 section.
If it falls at 5.314, it is a short-term Stop Loss.
It remains to be seen where the volatility around January 8 has given support and resistance.
If it is supported at 5.443, it is expected to rise above 6.604.
If it falls at 4.684 point, you need Stop Loss to preserve profit or loss.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)
Cosmos (ATOM) - December 20Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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We need to see if there can be any movement outside the box section of 4.684-5.443.
If it falls at 4.684 point, you need Stop Loss to preserve profit and loss.
If you break above the 5.443 point, you'll have to see if you can climb above the 6.604 point.
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** All indicators are lagging indicators.
So, it's important to know that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
$ATOM/USDT 6h (Binance Futures) Ascending triangle breakout#Cosmos just broke out the triangle and is retesting it right now, good place for a swing!
Current Price= 5.438
Buy Entry= 5.430 - 5.302
Take Profit= 5.633 | 5.988 | 6.478
Stop Loss= 5.099
Risk/Reward= 1:1 | 1:2.33 | 1:4.16
Expected Profit= +9.96% | +23.18% | +41.44%
Possible Loss= -9.96%
Fib. Retracement= 0.618 | 0.786 | 1
Margin Leverage= 2x
Estimated Gain-time= 360h
ATOM 1D A strong impulse will be soonThe previous idea published 2 months ago, worked out well directly to our target.
A low was $4.20 with the forecasted fall of ATOMUSDT from $5.70 to the range of $4.30-4.40. And this is -25%.
It's time to update the $ATOM picture and refresh our thoughts.
Now there is a consolidation before a further strong impulse.
The trading delta suggests that there is more sales in consolidation than purchase s. As a result, the ATOM price fall is more likely.
Buyers will struggle to defend $4.50-4.70 because there is no liquidity below this range to slow down the price down. If sellers break the defense, the downside impulse will be strong.
The first level from which more or less decent bounce can be expected will be $3.31.
If Bitcoin can update ATH and definitely fix there, then it could give confidence to altcoins buyers.
Then the battles between ATOM buyers and sellers will move to the zone of $6.
The winner will get everything: either a $7.30 flight or a strong and prolonged fall.
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