Cosmos ATOM Prepare For SellOffThe crypto market is living its last bubble days.
The prices do not reflect any fundamentals.
Cryptos are pure retail investments gambling at this point.
Cosmos ATOM Market Cap $4,549,314,695
vs
Biggest German Bank, Deutsche Bank 23.864B Market Cap
Moderna - saves the world from Covid-19 - 69.146B Market Cap
Ebay - Market Cap 42.174B
FORD - 42.174B MARKET CAP
When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends.
When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing.
If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
Cosmosusd
ATOM/USD 4h Bullish ForecastHere is how I see the ATOM/USD bullish forecast at 4h TF.
I've got kinda a good trade in 2 days buying at 19.8 on on Feb 14 and selling at 25 on Feb 16.
Next level for me to buy in is using the 60% of may normal oder size at $20-22.
This is an investment advice, as I'm not a financial advisor.
Make your decision at you own risk and performing your own researches.
And REMEMBER: likes and comments increase success rate of all your trades :)
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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ATOM.USDT (Y20.P4.E1).waiting for the pullback rally to endHi All,
As per the chart, the crypto market cap is looking bearish even though we are having this rally.
It seems while the US dollar (DXY) is dropping and the stocks are going up (SP500), crypto total market cap is not doing anything.
This can obviously change quickly but listening to some more experienced traders, they are looking at Bitcoin and the ALTs are going to do a deeper correction.
NOTE: Gold is dropping and silver, with a bounce today \ currently now. The question is how much will GOLD\SILVER bounce and pull crypto with it.
For now, I have Cosmos \ ATOM playing this path out. If it goes above the threshold I have at 6.42, then I will revisit my thoughts by looking across a number of items, that is SP500\GOLD\Bitcoin.
Thanks and please give me a tick or like for this post.
Cheers,
S.SAri
DAILY chart, still bullish or upward pressure
COSMOS: $3 Short --> $5+ Long PotentialFirst off I may have a conflict of interest, please don't take anything I say seriously and as always, this is on an opinion basis. That being said, Cosmos seems to be stable in terms of price correlations as opposed to many other cryptocurrencies and competing altcoins in the market. Also, looking at a short target, a $3 price seems quite imminent with low risk, and it does have the potential for wider adaption, so likely a $5 long is a decent prediction.
ATOMUSDT formed BAT | A good long opportunityPriceline of Cosmos (ATOM) has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is driven:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci (here I have ignored very minor difference) and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: $4.073 to $4.034
Sell between: $4.166 to $4.306
So this very short term 4hr chart is giving a good long opportunity for day traders.
Regards,
Atif Akbar (moon333)
The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
ATOMUSDT formed bullish BAT pattern | A good long opportunityPriceline of Cosmos / US Dollar cryptocurrency has formed a bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 4.303 to 4.288
Sell between: 4.338 to 4.391
Regards,
Atif Akbar (moon333)
ATOM - COSMOS NEED TO COOL OFFAtom has textbook leading diagonal on 12HR timeframe.
5th wave of leading diagonal little short for trendline but its ok.
It is technical point because 0.5 fibonacci retracement at bigger picture.
Waiting to pull back $3.25 - $2.9 area. After that i will update this idea as buy opportunity.
$2.65 will be my invalidation point to go long.
Process could take more than a couple of weeks. Stay tuned for updates.
Follow, like and share for more. Thanks.
Also i was right about vechain correction. And got more than %40 short. You can see here;
ATOMUSDT formed a bullish Cypher | A long opportunityPriceline of Cosmos / Tether US cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.541 to 2.502
Sell between: 2.571 to 2.643
Regards,
Atif Akbar (moon333)
COSMOS (ATOM) Mid-term Support & Resistance zonesHi, ATOM community!
Today I’m going to analyze mid-term trading set up for Cosmos.
We should consider 3 keypoints moments here:
1) Price action near Support Zone 1 shows us little divergence between price and RSI chart. We can see that bears haven’t met much buy power pushing price to support 1
2) Price locked in 3.5$ - 4.2$ zone. I’m expecting sideways until any good news appear to break Resistance 2
3) In the case of positive news/social sentiment, the price could reach Resistance 3 pretty fast
For me, interesting entry points would be 3.4$ or after breaking 4.2$ resistance (which will become support zone eventually)
If you are seasoned scalper, you can try to trade above-mentioned range.
Your comments are appreciated. Thanks for reading