ATOM long setupHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ATOM symbol.
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
Cosmos
Below 7.57: Enter the bottom sectionHello?
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(ATOMUSDT chart)
(1M charts)
It appears to have entered the bottom section, falling below 7.57.
Accordingly, caution is required when trading.
(1W chart)
If the price cannot be maintained by rising in the 6.943-8.06 range or higher, it is expected to fall to around 4.023-5.443.
(1D chart)
What is important is whether it can quickly rise above 6.646.
If not, it is highly likely that it will lead to a further decline, so we need to seek a countermeasure.
Looking at the Histogram indicator in the TS indicator, it shows that the intensity of the rise is high.
Accordingly, I think there is still potential for an increase if it does not lead to further declines.
Therefore, the key is whether the price can be maintained by rising to the current box range of 6.373-7.370.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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ATOM/USDT potential upward shift? 👀 🚀 cosmosToday Analysis💎Paradisers, gear up for a thrilling opportunity with ATOMUSDT! Post its downward liquidity grab, it's now firmly anchored at a pivotal support, hinting at a potential bullish surge.
💎In our prior observations, ATOMUSDT, after setting equal highs, embarked on a significant downward journey. Currently, it's showcasing robust momentum above this key support. We're confident that there's a strong chance it will challenge the resistance level once again.
💎An additional factor bolstering this outlook is the pronounced volume indicated by the VRVP, which augments the bullish sentiment. However, given the prevailing market uncertainties, should the price dip below the 6.713 mark, be prepared for a potential descent to the subsequent support level.
💎Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
ATOMUSDTATOMUSDT
Parsing
A symmetrical triangle pattern appeared on the chart. Exits from a symmetrical triangle can be either up or down, depending on which level breaks first. If the price of an asset breaks through the resistance level, then this indicates that an uptrend is starting in the market. If the price of an asset breaks through the support level, then this indicates the beginning of a downtrend.
It should also be noted that the symmetrical triangle can only be applied in certain market conditions, when the price of an asset is in a sideways trend and does not have a clear direction. In short, the symmetrical triangle is the most misunderstood of all triangle patterns.
So far, the following picture has emerged on the global chart:
The main support for atom is at $8.494 and $6.393. In the event of a collapse of the entire market, it is worth looking for rebound zones at these levels.
We would not recommend taking short-term positions yet. It is worth waiting for the breakout of either support or resistance of the symmetrical triangle. In case of breaking through the resistance, it is worth considering the following targets: 17.124 - 19.925 - 23.621 (marked with blue lines on the chart)
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Project with 20x potential, Atom investing I wrote about this project a few months ago and many people called out that $8 will not budge, but we need to know where the demand is.
Big eco system that needs to do a lot more changes, but I think this is a great price to accumulate if you believe in this project.
This is a monthly graph so it takes time for all this to play out, but is it worth taking the first profit at the highest peak and then a little more if it comes? Of course.
Everyone who short a large market cap knows what the market does when the price goes up.
Tell me your opinion if you like this, and follow for more investing ideas and trading.
ATOM is Recharging the Fuel for its flight to CosmosHey there!
So I've just seen an amazing analysis of BINANCE:ATOMUSDT by the "Swallow Crypto" trading team named SwallowPremium on TradingView (I'd give you the link but my rating doesn't give me a chance yet, so just look at the linked Idea) . Shout out to you guys!
And I've found some more nuances to it I'd like to share.
The guys suppose we might be right at the Liquidity grab zone right now, and go up from here, as we've got to the same zone where we've been in June within a quick spike down and I totally agree with them. However, looking on a bigger picture, June 22' zone seems a lot more interesting for the big guys to enter, having in consideration this green indicator that shows Big Buys. We're currently facing Medium buys already, so the Fuel is slowly recharging, but it's still hard to name this zone as the Gas Station.
I will update you when the Big Guys will come in, so you can just follow me to be updated.
My guess is that we've Just been welcomed in the Entrance zone that started on 7,1 but may go deeper all the way to ˜5,8 or even ˜5,5 and will be formed within the next month or two within the tip of almost 1 year old Descending Wedge and from there we'll make a good old breakout.
However, i don't consider ATOM to be a short speculation project, so getting in by now and DCA-ing within the dips sounds cool to me.
P.S. Zooming out to the on-cycle view and considering 2023 not to be a final bottom, theoretically we currently are in the wedge inside of the wedge. If so, we will break out to ˜14,5 and go down to the Nadir... To the zones where "crypto is dead" will return back. To sub $2 ATOM.. Oh man I wonder if it's just the fantasy of the trippy mind or is it Groening mode on full send mode.
What do You think?
👁️ A.I.Vision
ATOM Ready for Upward Movement? | Cosmos Analysis Today💎Attention, Paradisers! ATOM is on the move, currently navigating within a flawless descending triangle and setting the stage for a potential bullish upswing.
💎Just days ago, ATOM adeptly engaged with the bearish Order Block (OB), established equal highs and embarked on a bearish journey to address the Bullish OB and capture buying liquidity.
💎If the price successfully breaks through the upper boundary of the triangle, it's poised to engage with the overhead supply zone. However, let's not overlook the elephant in the room—market uncertainty, which could sway the price in either direction.
💎We're bullish on the prospect of the price retesting the supply zone, thanks to lingering liquidity.
💎Keep your charts refreshed and stay tuned for more updates. Happy trading!
ATOM is About to Start an Explosive Uptrend | ATOM/USDT Analysis💎ATOM/USDT is painting an optimistic landscape in the 1D Timeframe. A standout observation is its strategic positioning within a pivotal demand zone.
💎 There's a distinct OB and market imbalance around the $11 price point. Given the current dynamics, there's a strong inclination that ATOM might re-engage with this level soon.
💎 In the recent past, we've witnessed a transformation where demand has transitioned into supply, with ATOM carving out Equal Lows.
💎 While the overarching sentiment and indicators lean towards a positive trajectory for ATOM, the broader market's volatility remains a wildcard. It's essential to factor in this unpredictability as it could sway the outcome.
💎 Stay vigilant, and always look for real-time market shifts. The world of crypto is ever-evolving, and staying informed is the key to navigating it successfully.
ATOM Looks Bullish!!Long Entry Trigger
Cosmos Has found support above a pivot low and has also swept those lows.
Buying pressure seems to have come in and it's now consolidating above support.
The most probable outcome is that the price moves a little higher from here.
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ATOM/USDT looking bullish? 👀 🚀Cosmos Today AnalysisParadisers, turn your attention to Atom! It's poised for a bullish ascent, currently residing in a demand zone and having recently addressed the OB level👀
💎 A notable shift from demand to supply has been observed, propelling the price on a downward trajectory, leaving behind a clear imbalance and a bearish OB. Given the liquidity, it's anticipated that the price will revisit this level soon.
💎 Additionally, Atom is on the brink of crossing over the EMA 55. Should it sustain its momentum above this EMA, we could witness a substantial bullish surge.
💎 In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
ATOM LOOKS BULLISH (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the ATOM symbol.
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
Cosmos (ATOM) formed bullish Gartley for upto 12.50% pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin with US Dollar pair.
Recently we caught more than 13% pump of ATOM as below:
Now on a 4-hr frame, ATOM has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
TRADE ALERT - LONG ATOMTraders,
Atom dropped from it’s ascending channel and soon afterwards found strong support at the top of the triangle for a classic retest of previous resisntance/now support. A break below this and we should be looking for exit points. I have set mine at approx. $8.50. Target is the June 4th body high at around $10.75
Position = ATOM
Direction = long
Entry = 9.28
Stop Loss = approx. $8.50
Take Profit(s) = 10.75+
Risk/Reward = 2/1
Leverage = NONE
Profit Potential = 16%+
Stew
ATOM Cosmos and the Altcoin Season ThesisThe recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season.
With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space.
This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin.
The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market.
The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins.
The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities.
Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list.
This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ATOM Cosmos, for which my price target is $11.15.
Looking forward to read your opinion about it!