Cosmosusdt
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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Cosmos ( ATOM )/USDT Bullas are back, buying dips target 6+USDTHello,
the bulls manage to come back above 4.85 / 5.05, a zone that will technically be an important support for the moment.
Considering the positive behavior of the entire crypto market, longs on this pair have a chance of a very favorable RR.
Buying dips around 5 USDT, again around 4.85
Stop below 4.77
First target 5.65 / 75
Second target 6.20 / 30
Good luck
ATOM 12h. The range $4.3-4.4 beckons!ATOM's rapid rebound from March 2020 gave the token a new historical high $8.9. Buyers managed to fix this mark on 24 August.
The token active growth began in fact from the beginning of July. For two months, buyers confirmed their faith in the coin by their volumes.
We would like to note the range $5.5-5.75, where the price obviously slowed down both during the growth to $8.9 and during the fall.
At the moment, the token is being corrected. Sellers managed to lower the price below $5.5-5.75. This fact is the first signal that the fall will continue.
Now we are seeing buyers try to change the course of events. During the previous attack by sellers, buyers kept the trend line. However, now their buy-out looks uncertain .
Considering that we expect a total fall in the entire crypto market, the main scenario for us is short.
The first zone where we expect ATOM to fall is $4.30-4.40. There we will need to analyze candles and volumes and look at price behavior.
The above scenario will be canceled if the price fixes above 6.06. Then ATOM will delight its investors by the growth continuation to $7.22.
ATOM/USDT Possible longs on dips ( again )....Hello,
another attempt to approach to buy dips on ATOM. Market behavior above expectations, chart positive mid- and short-term as long as bulls hold 3.65 at closing prices.
Longs within the range of 5.00 / 4.20
Stop below 3.60
First target around 8.60
Good luck
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
ATOM.BTC (Y20.P3.E2).Gems in the making. No.5Hi All,
I have come across ATOM\COSMOS and have not payed enough attention to it, as it should and hence this post. (F chart)
Continuing on with the Gem series base on my previous posts, basically calling out charts that over performed, given parabolic curves.
Atom with its pairing has given us a beautiful structure it is which fits perfect into Corrective Wave triangle patterns, along with Bump and Run (BARR) strategy.
Having said that, this structure is easy to read and the targets are easier than others to identify.
Since its hit my 1st target (although I don't have Atom), Target 2 is clear and Target 3 as well, which has confluence with the BARR approach and fib extensions levels.
Using the height descending, top declining, bottom flat triangle, Target 3 is deduced.
How to trade this?
BTC is still feeling out the 11500 range and its my opinion that it won't hold, and hence ATOM\BTC will do a pullback from its 1st target, to the described red line (chart below), maybe even lower.
That's the time to enter and go long.
Please give me a tick or like for this post.
Cheers,
S.Sari
Overview of structure and targets: BTC pairing
ATOM/USDT
ATOM.BTC and USDT (Y20.P3.E1). Waiting on the support levelHi All,
(ref > A.Charts)
COSMOS (ATOM.BTC) is looking easier than most charts to read and hence an opportunity.
I have 2 possible scenarios\entrance points but for now, its heading down with clear downward pressure (based on a 2 Daily chart and its indicators).
The chart basically demonstrates that its looking for the bottom, either double bottom or the bottom trend line.
Similarly for ATOM. USDT pairing. We have 2 options or scenarios.
Please give me a tick or like for this post.
Regards,
S.Sari
The Future Of CosmosAfter hearing several people mention this crypto coin to me, I have decided to have a look at the technical analysis. I do not know much about the fundamentals that surround the company, and this coin, but here is the quick stats from coinmarketcap that I use to consider a possible good trade. This coin is ranked #26, and has a total supply of 237,928,231. There no mention to a max supply, but the circulating supply in the market at this time is 190,688,439. Now for a quick comparison I will use the current stats of Ethereum, which is ranked #2. It has a circulating supply of 112,022,862.00, but there are no stats for total or max supply of Ethereum. To Infinity & Beyond!!!
Technical Analysis: This coin is still new in comparison to many other top 100 coins in the market. Since being added to major exchanges it has made some volatile moves, and has created this triangle of resistance and support. Based off of this chart it looks like it has found some support in the short term. this chart is based off of the Bitcoin pairing of Cosmos, and just like all the other great coins, it all depends of how Bitcoin moves in the next two weeks or more. If the price can break out of this triangle, it will be on a moon mission!
#ATOM/USDT (June 05)ATOM has just broken out from the resistance line from Feb 12 up to now and it is moving to the next resistance zone 3.3-3.5$. I think it will be not a trouble with it and target should be 4$ in Mid June.
If you have no ATOM, you should wait for it at 2.8-2.9$
It would be very harmful if drop below 2.5$
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)
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/Tether(23 May) #ATOM $ATOM #USDT $USDT#WAIT
#BUY
ATOM rebounded quite strongly from Fib 1.618 and according to the formation, ATOM could fully increase back to 4.65$ and 4.9$ in this wave and the future target 5.17$ will be able to achieve also
Stoploss if price is lower than 4.1$ and consider buying back at 3.83$ and 3.68$