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Cosmosforecast

Cosmos: Roll up your sleeves… 👏… and get to work! From the low of wave ii in magenta, Cosmos has already started a strong upwards movement, but there is still much to be done. We expect the altcoin to make it above the resistance at $15.81 to complete wave iii in magenta, whose top should be developed around $25. However, there is a 42% chance that Cosmos could lose its strength and drop below the support at $5.54 instead. In that case, we would reckon with the new low of wave alt.II in white first before a sustainable ascent can begin.
BINANCE:ATOMUSD
by MarketIntel
1
Cosmos ATOM price behaves "out of the box" are you expecting 🚀?First, let's look at the global chart of ATOMUSDT trading history As you can see, the price entered the medium- and long-term buying zone six months ago. It was followed by a good 80% increase in the price of ATOM, and for the past few months, it has been consolidating around the important $10.65 level. In recent days, the ATOMUSD price has been quite well bought back and has not fallen down after BTC. Even if we assume that the consolidation of the Cosmos token price will continue for several months (white scenario), there is still a +30% growth potential within the consolidation. The critical level from above is $14.50 If buyers manage to break through and gain a foothold above $14.50, there will be space for growth to $20 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
26
Cosmos: ComebackCosmos has come back below the green strip between $12.75 and $12.17 and should be very careful now, as there isn’t much room left until the support at $11.54. There already is a 40% chance that the altcoin could drop below this mark, which would then trigger further descent. However, as long as Cosmos abides above $11.54, we still primarily expect it to get its act together and to develop strong upwards momentum. Thus, Cosmos should be able to rise above the resistance at $16.96, heading for the green zone between $22.38 and $25.88.
BINANCE:ATOMUSD
by MarketIntel
Cosmos: Well begun is half done!Cosmos seems to have taken this motto to heart and is appearing at its best. The altcoin has already managed quite some altitude difference on its way upwards to the resistance at $21.54, and it should keep going. Once above this mark, Cosmos should be well-positioned for further ascent. A 40% chance remains, though, that the altcoin could lose its steam and drop below the support at $5.54. In that case, Cosmos should make a detour through the turquoise zone between $5.27 and $0 first before starting to rise anew.
BINANCE:ATOMUSD
by MarketIntel
ATOM - 12h - How much can you grow?Today we will talk about ATOM, one of the most stable cryptocurrencies in the long term. Will the ATOM price be able to gain a foothold above the previous all-time high? What are the prospects for continued growth from current prices? Why is there a very high chance of a collaps e of the ATOM market now? We will talk about all this in this idea. We'll start with the weekly ATOM chart. On it, you can see a clear growth trend that buyers organized from March 20, 2020. Pay attention to the local highs of this growth channel. Of course, the way the ATOM market reversed was different. When the cryptocurrency market was weaker, the reversal was sharp. In the case of insane market growth in early 2021, the market reversal lasted a little longer and was implemented through an ATOM sell-off in consolidation at the highs. However, the common feature of each ATOM reversal is the highest trading volumes at the local highs. If you pay attention to the current weekly candles, you can see the largest trading volumes in the history of ATOM. At the same time, the price renewed its maximum and stopped. If you go down to a smaller timeframe , you can see a local pivot point for buyers, from which you can plan to continue the local growth wave: We have highlighted the $32.57 mark on the chart. Please note that this mark was first broken up by buyers on large volumes. Now all attempts of sellers to regain this mark under their control end in false breakouts. Therefore, for the local continuation of the growth of the ATOM price without stopping in time, buyers should hold this mark in the event of a potential downward wave. In this case, after a short consolidation, we will expect the ATOM to continue to grow with a target of $59. If the level of $32.57 is broken downwards, the last chance of buyers to continue growth will be in the range of $27-28 . However, in this case, buyers will show weakness, allowing a deep correction at the highs with large volumes. In this case, we would wait for a local price bounce upwards and close our positions. The fact that a reversal process may begin on the ATOM market is also evidenced by the chart of the ATOMBTC pair. Please note that the breakout of the black channel, in which the ATOMBTC price was trading from September 2019, took place on large volumes. However, it’s not easy for buyers to keep pushing the price up. In this case, we expect a minimum correction in the range of 0.000667-0.0007. In this case, it will be possible to talk about the acceleration of the trend. In the meantime, it is worth letting ATOM calm down a little and feel the foundation under your feet.
by P_S_trade
50
ATOM 1D Correction is over, is it time to grow?The last time we published an idea for ATOMUSDT was 6 months ago. In this idea, we wrote about the target of $31.50 and then at least 50% fall to $15 In fact, we received $32.32 and then dropped by 76% to $7.83 Nevertheless, ATOMUSD keeps the price in the growth channel , which we drew in the previous idea. The ATOM price has been moving and growing by the channel since March 2020. Now looks like that the price of ATOMUSDT wants to grow, confirmation of the strength of buyers will be rising and consolidate above $15.5. In this case, the growth can achieve to the $19.60-23.70 zone , and you can safely focus on the higher goal. The chart will signal the weakness of buyers, and, accordingly, the continuation of the downward fall if the ATOMUSD price fixes below $10 . In this case, you will need to think about what to place buy orders from the levels of $6 and $4.40. _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
by P_S_trade
44
ATOM 1D Probable +3100% for a year of growth.We haven't published the ATOM idea for a long time, but it should be. Very easily and unobtrusively Cosmos renews maximum every day. So in March last year, the minimum cost of ATOMUSDT was about $1, and now it is traded at around $24. And all this time, the ATOMUSD price was moving well as a channel up, first in the lower part, and now in the upper part. There is still a chance, by March 2021 to make another momentum upward to reward loyal investors x31 in a year) Now for us the most probable medium-term price movement route is: Growth to $31.50-33, and from there a drop of -50% to the $15 area _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
27
Cosmos projection for mid-MarchPrice in-between the Chiko span and Kumo, lots of room to move. N calculation from Feb 4th shows projected highs upwards of $38. Looks like we aren't following Kihon Suchi, but maybe a Taito Suchi pattern (12/24 pattern). 4 and 5 on the Elliot Wave are speculative, but would follow the pattern. It looks like there is a lot of room to move on this one! As Always, thoughts and ideas are always welcome! This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
Long
by Doc_Deez