ATOMBTC trade ideas
$ATOM Trying to push through resistance at ~56k sats...$ATOM Trying to push through resistance at ~56k sats...
UCTS Buy signal flashing on the 6H
Volume increasing
RSI & MACD bullish divergences
I would like to see a cross over 58.6k sats with volume or a Flip (R/S) prior taking a position.
#ATOM
ATOM/BTC breakout soon Fibonacci level 50 and 23.6 will be our resistance levels. 23.6 is harder as you can see it's been traded much more.
Currently stoch RSI is oversold but pointed up. I take it as a buy signal. Exit strategy is : Look for fibo level 50 if it reject then sell to buy from the dip once more. I think first touch could be rejected but 2nd one will pass through until the level 23.6.
This strategy dependent on how BTC will perform
$ATOM clear uptrend when zoomed out...Looking at the 4HR, $ATOMs uptrend appears to be weakening with decreasing volume and downward trending RSI.
However, looking at the 1D it is clear we are still in a very strong uptrend...even the 1HR shows healthy price action.
This is an important reminder to zoom out for the big picture/zoom in to see a micro-perspective.
Watching to see if $ATOM test the 0.0007221 sats R....if rejected hard $ATOM will need to make a few more runs at it to break through.
Holding onto this position to see if it reaches new ATHs through Price Discovery in the coming weeks as the crypto market warms up.
Wave count on ATOM/BTCLooking at the price movement of the latest bullish move, we can see that the movement can be divided into waves from the Elliot wave theory. We can see that the bullish move has made a five wave structure that follows the Elliot wave rules. Now the price has made a significant bearish move, which can be identified as an A leg in an ABC corrective structure. Waiting for the formation of the B leg and then another steep bearish move in the form of the C leg.
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$ATOM bullish set up$ATOM #atombtc #atom
Bullish triangle=>Should break out if $BTC / $ETH stays stable.
Bullish set up on with good R:R.
#ATOMBTC #ATOMBTC
Trade H&S follow Risk Management
Max Invest 5%
Targets
0.00060996
0.00064189
0.00077760
0.00093087
0.00125497
Hold
Stop_loss: 0.00053013
we ask Allah reconcile and repay
ATOMBTC Pump in short timeATOMBTC made very clear view
Well i'm not giving any king of entry exit because btc ruined many trade
picture is very clear here you can buy at currnet price or below 58000
target are 10% - 20% - 30%
5000 - Good level to buy.If you are interested in ATOM here is a good place to enter long.
I am bullish on ATOM for mid-term.
Expecting to see some sideways moves around 5000-5800 in the near future.
Super oversold. Now or never.Chart is self explanatory.
ATOMUSDT pair looks fine. ATOMBTC dropped strongly. Expecting to see huge trend-change upward squeeze
Cosmos/Bitcoin/Tether (14 May) #ATOM $ATOM #BTC $BTC #USDT $USDT#ATOM/BTC #ATOM/USDT (14 May)
ATOM had some reversal signs, but this is a new coin and it's not a good buyzone to keep long-term
If you don't have ATOM, you can buy at 50000sts or 3.8$
Recommend selling area in this wave : 55000sts or 4.5$
Stoploss if price is lower than 48000sts or 3.6$
