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Cosmosusdt

Cosmos breaking outAfter a prolonged downtrend, Cosmos (ATOM) is attempting to form a bottom. The buyers pushed the price above the 20-day EMA ($7.84) on July 1 but the 50-day SMA ($8.81) is likely to act as a strong barrier. The flattish 20-day EMA and the RSI near the midpoint indicate that the selling pressure may be reducing. If buyers thrust the price above the 50-day SMA, the bullish momentum may pick up and the ATOM/USDT pair could rally to $10.84 and then to $12.50. A break and close above this level could suggest a potential trend change. This bullish could invalidate in the short term if the price turns down from the current level and breaks below $6.89. If that happens, the pair could again retest the critical support at $5.55. The 4-hour chart shows that bulls are attempting to flip the 50-SMA into support. If the price rises from the current level and breaks above $8.38, the bulls could challenge the immediate resistance at $8.75. A break above this level could signal the resumption of the up-move. The pair could then rise to $9. Conversely, if the price turns down and plummets below the moving averages, it will suggest that bears continue to sell at higher levels. The pair could then slide toward $7.18 and then $6.89.
Long
by farzan260
ATOM/USDT Secondary trend. Medium-term work. Important zoneMain trend—is in a pronounced uptrend (uptrend channel with a large % step). Secondary trend—a pronounced downtrend (purple), the last wave inside the channel. At this point there is an important zone, on which the further price direction trend depends. Everything is shown very accurately (potentially accurately), as in the previous trading idea for this trading pair. ATOM / USD Main trend. A cup. Triangle. 18 This coin on the coinmarketcap: Cosmos Schematically shown on the chart. The formation of a large bullish triangle (the final part) in case of a breakdown of the downtrend (+70% to resistance) and then in case of its breakdown of resistance and the breakout (could also go down from resistance—then it would be a triple top) to the fantastic channel targets. The targets to the main zones were shown on the chart. After all the “tambourine songs” at or near the top of this uptrend—a break-down. Formation of a big “Head and Shoulders”. Targets on the major zones shown on the chart. Main Trend. ATOM/USDT Main Trend. Channel. The important zone. Large scale trading situation now. The foundation of your trading is your trading strategy and risk management based on your experience. Don't try to guess what you don't understand. Don't inherit the majority of participants—market kamikazes (giving back). Try to evolve and toil, gaining relevant experience in what you didn't initially understand. Slowly but surely become better day by day than you were yesterday, leaving behind the “experts” and anonymous “I know for sure” screamers .
by SpartaBTC
2
COSMOS-Bull trend with a pauseHello everyone As you can see ATOMUSDT did pretty good in the last 2 days and made a bull channel for us. In 4 hours chart we have a good amount of buy volume on 11.5$, but considering the body of the bear bars in the trend which starting to get bigger, we might get some down trend like couple of bars before.Knowing that the price been in a trading range in the past 9-10 days between 10$-12.25$ , I prefer to take sell signals right here for about 4-5 bars.I mean we don't know if this will be a break out or not(3ed times the charm). the support levels are 11$ & 10$ and the resistance levels are 12.25$ & 13$. I will gladly answer your questions. PRESS THE LIKE BOTTOM
by HubAlgo
Cosmos (ATOM) Buy ZoneCosmos (ATOM) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : High Cosmos is showing signs of strength paired to both USDT and BTC. Laddering orders all the way down to entry zone. -------------------- $ATOM/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 24.25 - 24.75 TP 1 : 25.3 TP 2 : 25.9 TP 3 : 26.75 TP 4 : 26.25 TP 5 : 28.12 TP 6 : 29 TP 7 : 30.3 TP 8 : 32 Stop Loss : 23.5 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
Long
by Zerene
1