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Cosmosusdt

COSMOS (ATOM) for a move up to $80 before year end!Cosmos (ATOM) We truly believe that this blockchain project offers something special and much needed to the fast growing and evolving blockchain space. You see, Cosmos is an ever-expanding ecosystem of interconnected apps and services, built for a decentralized future aimed at serving as the Internet of Blockchains. In other words, Cosmos is an ecosystem of blockchains that can scale and interoperate with each other. Why is that important you might ask? Well, before Cosmos, blockchains were siloed and unable to communicate with each other. This led to a serious fragmentation across different protocols, layers etc. which is generally not efficient in terms of capitalizing on the huge growth that this space offers. Furthermore, the first blockchains were hard to build and could only handle a small amount of transactions per second. Cosmos on the other hand solves these problems with a new technical vision. In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin , by offering an ecosystem of connected blockchains. The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. From a technical perspective, we’ve seen the price quadrupling in the period August – September as it moved from the $9 per coin level all the way up to $43 per coin in just few weeks. We saw a major and pretty much expected profit taking interest among ATOM investors around the $40 level, which resulted in a 33% correction starting in late September and extending throughout the month of October. The price fell and tested the key psychological support level at $30 per coin, which also coincided perfectly with the 50-day EMA (yellow line) as well as with the diagonal uptrend support line (blue line). Buyers have started to come back to ATOM as we are seeing the price forming a strongly bullish technical set up on the daily chart , called an ascending triangle . The neckline of the figure currently sits at $44 per coin, and we expect to see an upward break of that level in the next 3-5 trading sessions. Once ATOM breaks through the resistance there we expect the price to quickly climb towards the $70-80 level. Our analysis shows that ATOM has the potential of moving well above the $80 level before the end of the year. We have recently added to our LONG ATOM positions at around $37 per coin and plan on collecting profits in the $70-80 range. From a risk-management standpoint we’ve also placed our Stop Loss at $27.5 in case of a major price breakdown.
COINBASE:ATOMUSDLong
by DowExperts
1
ATOM Getting Ready for a Run-Up Recently ATOM had a modest breakout as you can see in the chart. It broke out of its descending triangle structure. After that I did run up to around 43ish, stopping short at a resistance level of its previous highs at around 44. Now, in the chart you can also see that moving averages have been acting as support and resistance. For instance, the 20 day MA (yellow line) as a resistance before the aforementioned breakout. The price was touching the line and got rejected. However, recently the 20 and 50 day MA have both acted as a support level for the price. From that, I consider ATOM to still be in a bullish momentum phase. With this recent correction I used the opportunity to increase my position. I suspect a larger run-up quite soon. This is only my opinion, not financial advice. Have a good day, trade with caution! PS. I would like to hear your opinion on this in the comments
COINBASE:ATOMUSDLong
by memberis
4
ATOM(COSMOS) to 136 $, 300% gain ahead. hey yall , as you see ATOM is making another cycle like before . a cup and handle . every time , after making the handle , it goes up to the resistance line . now it's the time ! you can see the similar patterns when making a handle in RSI as well . now how's the target 136 ? First , it's exactly on 200% Fibonacci level , second , the target for a cup and handle pattern is that the price goes up from the handle as the exact distance from the depth of the cup to the neckline . I showed it with cyan arrows . Third , it exactly fits the resistance line as well ! so the Entry zone is exactly above the handle , if it broke above the handle , then time to pump ! if you liked the idea , give it a like . and if you wanna see more of these , follow , heck of analysis are on the way ! also tell me your opinions on this idea in the comments . Good luck .
by ArminChiani
4
ATOMUSDT , Trend coin in these days ...Hello guys One the most trend coin in crypto market because of the news and the technical of it In here , After a long time correction we are in sensitive area for take decision that where the market want to go We have 2 scenario that market can do , We can say the trend is upward because in the past we have a key , but because of the compresion the price these days we should have a little correction and after that we can break the long term trend line and we can the long position and buy until the first target reach , but the second scenario that have the lower chance to happen is the that price is fall down and juggling with the sensitive zone and after a little upward price cant hold the price and fall down until that main support zone , we will try to update and publish it but remember these 2 scenario Dont forget use stop loss and attention to money management Good Luck Abtin
by Abtin00
5