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Cosmosusdt

ATOM topping out?In stark contrast with the rest of the market, Cosmos was able to make a nice run up during the past couple of weeks. Especially if we hold it up against its Bitcoin pairing. It has currently twice rejected its ATH resistance zone and is playing with RSI overbought levels. EMA's are still curling away from each other so a continuation is also still in the cards. Although I strongly believe Bitcoin will regain some strength here which can offer a nice shorting opportunity for this pair. What do you think?
Short
by Coinathlon
Cosmos Rebuy Zones- Everything is mostly depending on TheKing but some projects like Cosmos have been super bullish. - i won't talk about Cosmos Network FA but this project like to be as peacemaker. ----------------------- Trade Plan ----------------------- - Buy : 20$ ish - Rebuy : 16$ ish - TP : 59$ ish ----------------------- - Stop : 13.8$ ----------------------- - i don't show Fibo too keep this graph clean but 16$ is around 78.6% + ichimoku Weekly Support. - Manage your entries and your exit points, don't be greedy, and follow TheKing. Happy Tr4Ding !
KRAKEN:ATOMUSDLong
by thecryer
11
ATOM - short trade to 28$, then long to 40$, if you dare 😃ATOM hit old resistance at approx. 32.5$. Good setup for short trade with stop loss just over resistance. I don't dare to take it, I will rather wait for breakout to take trade or enter long at green box zone. Don't like short in bull market. Bullish pattern is in printing, once current resistance is turned into support, only 40$ level (trendline) is left before price discovery mode! 36$ could also act as resistance.
by Philippe_0x
2
ATOM inverted head & shoulders and parallel channel#ATOM/USDT $ATOM is inside weekly ascending parallel channel, daily candle broke out from middle line but reached a descending resistance line that possible to reject the price to support zone between $32.5 and $28.7. if this rejection happen, an inverted head and shoulders pattern can shape then price continue its uptrend to upper line of channel that is the same with target of head and shoulders and also the same with 1.618 fib level of whole swing down.
by parissap
ATOM - perfect trade setupIn previous analysis (link bellow) my short and then long trade turned out very accurate (although I didn't take short trade). Short from 32$ to support and then long from that support to 40$ is still in play. Price dropped a little bit more then I expected, but still great short and long trade could have been caught. Now I'm looking for retrace from 36$ (predicted resistance) to retest upper trendline and then further bullish price action to the last trendline before new ATH. Note: I'm holding ATOM for longer term run, this is just a trade on futures market. Previous analysis:
Long
by Philippe_0x
4