ATOMBTC trade ideas
ATOMBTC: Pressing ResistanceLooking at the 2-day chart of ATOMBTC, we see ATOM approaching the 23% retracement of the June - September down move. The level to watch is 3382. That zone also contains horizontal resistance. The final thrust lower in August in ATOMBTC started near this level. If ATOMBTC can launch above 3382, it could have much bigger upside potential. One potential upside target could be the 50% retracement near 5000.
With all that said, buying any alt on strength has been the road to ruin in 2019. So, if you missed the bounce in ATOMBTC, move into "wait and see" mode. We believe BTC has upside potential, and that could hurt alts further. So, stay neutral for now.
$ATOM, Looking for continuation above ~26k sats resistance $ATOM
Looking for continuation above ~26k sats resistance (now support) with good volume levels
Crossed above Ichi cloud
Flipped 26ksats into support
Volume +500 in 24hs Binance
RSI at bullish levels
Aiming for ~31k sats with a tight SL under support
#ATOM
ATOM/BTC short ATOM is awake. It reached 0.00031 with good volume. however, looks like the buyers may see this level as a good one and we see that the volume started to decrease. I would bet that we could see a correction to 0.00026-0.00027 (assuming that BTC is on the flat run for a while). I've just unloaded my coins at 0.0003047 and hope to pick them up in the range of 0.00026-0.00027.
Then the targets
1st - 0.0003052
2nd - 0.000338
3rd - 0.0003715
But there is no certainty on the market like this one :) anyway.
Altseason coming soon. 90% of all Altcoins are better than BTCAll indications point to AltSeason
AltSeason coming soon get ready
Altseason coming soon
90% of all Altcoins are better than Bitcoin
For those who wait for the BTC with dominance above 90% can take the horse from the rain
because The alts it is already filled with big Holders holding the altcoins just waiting for a good bitcoin failure for Altseason to take action
I believe dominance BTC is already stifled
This factor has already been proven
90% of Altcoins are faster and have much lower rates.
Bitcoin has serious slowdown issues, high rates and worst of all: no ballast
The altcoins will never die
Just like bitcoin will come to stay and beyond to face bitcoin
Tip for Buy
PMA
DTA
NPXS
XDN
RDD
FLDC
ADA
XRP
LTC
TRX
Storm
And more Alts
$ATOM, Falling wedge. testing upper trendline & ~22k sats resist$ATOM
Falling wedge. testing upper trendline & ~22k sats resistance level
Volume increasing over the last 24hs (+200BTC Binance)
UCTS Buy signal on the 8H (& lower TFs)
MACD bullish divergence
EMA50 (green) acting as resistance
If breaksout, aiming for ~26k sats as first target
#ATOM
ATOM (COSMOS) Falling Wedge BrokeOut..!!ATOM (COSMOS)
- Falling Wedge Breakout Done in Daily Chart
- MACD + RSI Bullish Divergence As Well
- Volume is Incredible & Indicators Are Turning Bullish.
- I'm 2x Expecting in 2-3 Weeks (Keep it Secret)
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The information given is never financial advice. Always do your own research.
$ATOM, Buy Volumes, Convergence - Trend Reversal.The price of this coin has just broken through the descending resistance (now support) due to the bullish convergence. The chart looks like a trend-reversal , because we can see strong bulls. How to enter the trade? We have to see a re-test of the support level (orange rectangle) , you can place buy orders on the bottom and in the middle of the one. Targets (resistances) were mentioned on the chart, as well.