ATOMBTC trade ideas
ATOMBTC is ready for the breakout 🦐The price tested the previous daily resistance as support, and now the price is testing the ascending trendline. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
ATOM/BTC Pair Plunged By 20%ATOM/BTC pair traded at 0.00002453 with a gain of 4.03% in the last 24-hour. In contrast, the market capitalization of Cosmos stands at $4.082 billion. Technically, investors can perceive a negative crossover in SMA. Moreover, the movement of price can be towards the support of 0.0003021 BTC.
Resistance: 0.0005378 BTC
Support: 0.0003021 BTC
ATOM/BTC approaching two wedgesCosmos looks to be approaching a couple of options with regard to its wedge against BTC. It looks like there is a recent support trend that it might bounce off of in the case of a slight dip (green line), as well as a much larger support line.
The good part is that there are a few options in the case that BTC does dip in the next day(s), for which Cosmos has some options to then rebound. However, there are also some options for breakouts against BTC as it is fairly near the top of the larger wedge right now.
Either way, in my opinion it looks like some large changes are possible over the next few days or at the very least within the week.
Atomic trade💣Atom coin giveaway, wolves💸
Now we have a symmetrical triangle formation on ATOM/BTC.
Previous bullish trend was broken and the price started to fall.
According to Elliott Waves theory all the waves are done and now the price is heading to the breakout zone.
Follow the chart and look for the breakout carefully.
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This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
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ATOM's round 2? check my previous analysis of ATOM - 40%+This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please feel free to ask any question about this TA or crypto or any coin and also leave a comment or like, i really appreciate it because then my work makes sense :) thanks!
ATOM can break up here! High probability trade, low risk 3% :)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info how to study and read charts or just need help with some coin, just write to me here personal message, i will try to answer to everybody... i can help you :) all for free, don't worry, BE HAPPY!
If u like the analysis, please leave a comment or like, i really appreciate it because then my work makes sense :) thanks!
See You in The CosmosATOM seems to be helding on against BTC and this recent BTC pullback might have created a new opportunity for longs.
Previous support levels are helding nicely even with all the blood on BTC and this level also matches with the Yearly Pivot.
Close to a golden cross of the 50/200 EMA
On the Ichimoku Cloud all signs are bullish, we might just had a bullish kijun bounce. Lagging span still inside cloud but everything else looks good.
It's a great buy opportunity in ATOMBTC @cosmos @Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00035). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ATOMBTC Cosmos Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.000395
TP2= @ 0.000415
TP3= @ 0.000440
TP4= @ 0.000484
TP5= @ 0.000545
SL= Break below S2
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It's a great buy opportunity in ATOMBTC @cosmos @Bitcoin Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.00035). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ATOMBTC Cosmos Bitcoin is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 0.000395
TP2= @ 0.000415
TP3= @ 0.000440
TP4= @ 0.000484
TP5= @ 0.000545
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️