Long on ATOM High RiskIt is a high-risk trade with the following set-up and targets goals:
LONG ATOM x5
High Risk❗️
Entry: 9.285
SL: 9.149
TP1: 9.428
TP2: 9.517
TP3: 9.649
ATOMUSD.P trade ideas
ATOM/USD 1D. The situation right now on the coin.#ATOM/USD 1D Binance. Updated the coin idea. I made a "global" analysis and described the situation for you.
Now I will describe it in text here. Pay attention to the interesting name of the coin - COSMOS (ATOM) . Here is an analogy similar to Terra (Luna). I think everything is clear here. The cosmos is big, the Atom is small (the particle that makes up the Cosmos and our material world as a whole). Hyperlink left the project page in CoinMarketCap.
This coin has been in accumulation since 2019 (history from the Binance exchange chart). Accumulation ~ 2 years.
After accumulation, an impulse occurred, the distribution began exactly near the accumulation goal (the average distribution price is the exact accumulation goal). Showed on the graph.
Also note how clearly the price "respected" (that is, reacted) to this level afterwards (a clear retest when breaking the distribution). I also painted it on the chart.
After leaving the accumulation, a large horizontal channel began to form (shown on the chart). Similar to Bitcoin (consolidation/sideways with lower and upper boundaries).
After the distribution in this horizontal channel (shown on the chart - Distribution), the price has clearly reached the goal of this distribution (also displayed on the chart).
An ascending triangle (rising lows and a flat top) was also formed in this large channel, which was subsequently broken down.
If this triangle works out, its goals are shown on the chart.
It is also worth noting that from the minimums of the accumulation, an upward trendline (purple) began to form, which was very jewelerishly broken down just when leaving the accumulation. There was a retest of this trendline.
All this is shown on the chart.
After the breakout and retest of the ascending trendline from the bottom up, a descending trend of the secondary trend began to form (red on the chart, also designated it - the secondary trend line).
If there is a breakdown of this trend - a reversal of the secondary trend to an upward one (breakout + the proof of breakout / retest).
Now the price is consolidating in a small range at the lower border of the large horizontal channel (possibly a repeat as in the summer of 2021). Pay attention to this point on the chart.
The price from the average values of a large accumulation is still at a good profit (now 155% as shown). That is, those who have accumulated are still in the black. Therefore, there is still a place to sell.
Also note that the volume gradually began to appear. And what this volume was at the peak of the fall (capitulation).
Potential levels from below as well as from above are shown on the chart.
ATOMUSD ❕ price in liquidity zoneATOM is down in the liquidity zone.
Price dropped below the MAs on the 30m Timeframe.
I expect that after fixing under the resistance level, the price will continue to decline.
Cosmos a.k.a. ATOM - 1 Month Ahead Trading Idea - 21 May 2022COINBASE:ATOMUSD in the past 50 days made a big decline of over 75% and its a good moment for accumulation in the short-medium term time frame. Good news coming out for the ATOM ecosystem and a potential upside of 100% is very likely to happen even in 1 month period.
What is the supported thesis technically for the expected scenario on ATOM?
- There are big liquidation holes to be filled upside and the first strong resistance is at $22.00 per coin
- The MACD indicator hits low points and soon will start its explosive on the upside
- Wedge concentrate price action and soon will break out with huge price action
- Breaking of downside dynamic trendline should be a reality in the beginning of June
If you have any questions related to this trading idea I will be happy to provide you with answers.
ATOMUSD ❕ above liquidity zoneATOM is out of the downward channel.
Volatility has declined.
Drawdowns in the liquidity zone were repaid with an increase in trading volumes.
I expect that the price may continue to grow with fixing above the resistance level.
ATOM ANALYSISOn the 4 hours time frame of ATOMUSDT, the price is forming a rising broadening wedge which may indicate a continuation of the drop if we broke the support downwards.
Take a look at the Bollinger indicator it is shrinking which gives us more indication that a big movement in the price is going to happen
Bull Traps Everywhere...Another day ATOM is scamming higher as the top longers and future bagholders rejoice of their short term gains - These people are now crypto experts overnight, SIKE this is going to fall so hard and leave many with a 1 way ticket to rekt city.
$ATOM Might be ready to go LONG!ATOM has been trying to recover since the LUNA mess. A break above $11.90 and it might get rolling.
ATOM looking for some relief bull pushATOM, just like most other coins still has a bearish market structure on the daily timeframe. But 4H is successfully holding a bullish market structure. I'm expecting a push upwards towards the golden pocket of the recent downward move, peaking at max at $15.
We might see a range shift afterwards, meaning a confirmation of the current overall bottom, but I am expecting another push to the lows, since most coins are building up a massive hidden bear divergence.
ATOM/USDT - Short ScenarioHello Traders!
After long price distribution in the range of $22.00 - $44.00 ATOM passed to the falling phase.
In case of continuation of descending dynamics of market movement it is possible to expect the further movement of price of assets to the following levels of support.
For medium-term purchases at the moment there are no comfortable prices. It is better to begin the set of assets after decrease in the price to a zone of interest of buyers $4.50 - $6.35. It is best to place buy orders near the support level of $4.50, it can be price values of $4.20 - $5.00.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
ATOM ANALYSISOn the 15 minutes chart, ATOMUSDT is forming a falling wedge which may indicate a reversal.
If we take a look at the RSI we can see a divergence where the price is forming lower lows and the RSI is forming higher lows.
ATOMUSDTPERPffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffff
atom/cosmos aiming for 5.8-3.5 atom has fallen alot since break of upper imp level which is exactly why we need a retest to the bottom or above or in between the lower imp level. theres a big liquidity pool in below levels which will exactly help us to break the imp levels and resistance.
ATOM Recovery Atom look like it pulled back from low of $8 we and up already we may see bullish in a few weeks. This coin will let you get a 5%+ APY on some of the exchanges. This one have not change since. This coin have High potential for it to recover back to $40. RSI way over sold in the 3 day time frame. Resistant in at the $10. The market is making a recover after fear.
best time soon coming soon for atomThe downtrend of the market with severe falls can have a quick return. In my opinion, whenever the support is confirmed, they can start buying a step by step
Atom longHello,we completed the pattern and bounced off the weekly support with liquidity. Very often after the completion of the pattern, the market turns around and gets back to the pattern again.Good Luck
ATOM/USDT - DUMP-O-ROOYes yes crypto is bearish , im just another user telling you this. however, here's my level of TP - will see what we get tomorrow on weekly close.
2X TP's
remember whales and institutions don't want you shorting with them - their will be insane volatility . be careful
Safe trading all
ATOMUSD Bull ExperimentThere are better setups in the market right now, but I've been waiting for this price for a while. Should bottom here. Expect a smallish rise. Sell into resistance.
ATOMUSD (4H) Bearish BreakoutHi Traders
ATOMUSD (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 17.41 support level. Only the upward break of 20.41 would cancel the bearish scenario.
Trade details
Entry: 17.41
Stop loss: 20.41
Take profit 1: 15.23
Take profit 2: 13.13
Score: 8
Strategy: Bearish Breakout
ATOMUSDTIt is completing wave C of 2orB. The specified price range is very attractive for medium-term investment.
A good buying opportunity can be seen in ATOMDo let me know your thoughts on the ATOM and it's potential in coming days.
Cosmos. Short it. Good Target to Buy is between $14-$17Cosmos is in a channel. I think most cryptocurrencies are going to have one violent dip before we continue what could be the bull run of our lives. Good luck. Be safe.
Atomic failture! hate to be that guy but with the way things are going see this back in the $3 range. Not a bad time to accumulate if you like it fundamentally long term
