Cosmos (ATOM) - Structure and TargetsJust looking at the structure and some potential targets for ATOM. What do you think, is there potential to repeat the February 2021 rally? Is that too conservative?
ATOMUSD.P trade ideas
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
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ATOMUSD D2: DISTRIBUTION / 40% correction(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
NOT a setup to SHORT ATOMUSD. Just showing
signs of weakness and recommend to stay out
of this market into the pullback.
🔸 Summary and potential trade setup
::: ATOMUSD 2daily chart review
::: not a great looking chart
::: hit top / resistance of the bullish channel
::: also noteworthy divergence
::: price/ RSI div very clear on D1/H8 TF
::: distribution price fractal
::: re-test of bullish TL (yellow)
::: expecting correction/pullback mode
::: pullback required to attract
::: new buyers from the lows
::: 30-40% pullback possible next
::: 2-4 weeks in Q4 2021
::: right now limited upside
::: positions traders should wait for
::: better entry prices later after
::: correction MODE up next
::: be careful don't get caught up in this
::: also overextended right now
::: BULLS remain on sidelines and
::: be ready to BUY LOW later
::: recommended strategy: SHORT SELL RIPS/RALLIED
::: TP BEARS is +40% gains
::: BULLS stay out until correction is over
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: BEARS/CORRECTION
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ATOM Swing TradeLearned how to us ALT + H for a horizontal bar so marking my TP and SL limits with them.
Risking 6% for 33%. See potential for ATOM in the near term.
Bullish looking structures on $ATOM$ATOM seems to be forming symmetrical triangle after symmetrical triangle out of this larger cup and handle pattern.
Looking to be holding supports well and hoping for another break to the upside with a measured move around 20% continuing the bull trend.
ATOM and whole marketWe got the perfect example to show you how "Flaming Blades" work
The market showed high volatility ( well we are afraid to call it manipulation )
Cutting leverage and returning to trend.... "simple but effective"
Very optimistic yet TA supported vision of a next leg up I've never analyzed ATOM on a macro on a logarithmic scale before. I decided to look at a PnL chart and I found a very interesting pattern. We've had about 3 double bottoms finding support that follow with a ~200%-220% increase 8h token value. The next leg up would bring us to around 120$. FA is on point with this possibility as well.
ATOM long time awaited momentum here finallyCosmos/ATOM is the most undervalued platform out of the large caps. It also has the most upward potential. Many do not realize how many other coins/platforms rely on the cosmos infrastructure.. As an example, the entire binance/bnb ecosystem is built on top of atom. That is just one example, I highly suggest you check out the other coins that are built on top of atom, and the list is exhaustive and extremely impressive. This bull run I look for atom to outperform many other large-cap coins as well as take its rightful place on the charts. The fundamentals on atom are the best that I have seen in the entire crypto universe.
ATOM?Bolinger lines have been crossed. Hi volumes of exchanges. Broke the first resistance. To be followed COINBASE:ATOMUSD
ready to breaksqueezing tightly as we approach the end of consolidation, so i'm expecting this one to break soon.
with some bullish hidden divergence along with support on the bottom BB since june, my money's on a breakout to the upside.
even if price breaks lower, i think it's likely to catch a spring and ultimately push higher.
Atom USDGood evening everyone!
Atom has formed a descending wedge pattern with a possible sign of a clear breakout.
- Watch for price action to retest the 23.6% fib. This could be a good buying opportunity.
- If the 23.6% fib is lost look for a double bottom closer to $30 for an even better buying opportunity.
- When the breakout is confirmed, look for a TP near the 78.6% Fib.
Good luck!
ATOMPERPATOMPERP. Price action has broken out of bearish trend and ecosystems are starting to outperform Ethereum and take their own spotlight within the market. New cycles could be coming. Currently longing the breakout as price moves onward to retest the previous ATH as their ecosystem expands.
Cosmos 3-4x in the next 3 monthsAtom Cosmos is going to the moon!
Not as bullish as some of the other coins I charted but very bullish also!
MY MINIMALIST ANALYSIS FOR COSMOS$ATOM
10.22.21 1314H +8 SINGAPORE
ALERT: MARKED ENTRIES and EXITS FOR A SWING TRADE
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT (in support of all the DUMB-MONEY traders like me.) Though you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.
Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.
This CHART is best used without indicators. The MINOR and MAJOR BOXES (TOPs and BOTTOMs), together with
the market's price action and the above mentioned, is sufficient enough as analysis tools when ENTERING AND EXITING TRADES.
Thank You for your appreciation and support (Follows, Comments, and Likes.)
DISCLAIMER:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
ATOMUSDmid term take profits target if your playing with leverage :)
bull season is upon us
id expect atom to get in on the mix soon
$ATOMUSD - Could go to 48Hello everyone!
ATOMUSD can grow as high as $48.8, the retest of the dynamic resistance is support is confirmed, now waiting for atom to close above $36.
There is a resistance ahead at $42, so take that level as your first target!
Best of luck!
ATOM - $87ATOM is currently trading below the resistance at $36.92. If it breaks this resistance, we could start seeing a move towards $42.22, $46.50, $50.79, $56.89, $64.65 and $87.08. Failure to break the resistance at $36.92 could lead to a drop towards $28.23, $25.05 and $22.46.
ATOM bouncing off supportCOINBASE:ATOMUSD
Long if support holds and market can remain in a bullish tone.
Possible Correction Coming.Count is not the greatest looking but there is a change this may have topped out or has 1 last push left, Regardless we will start looking at potential entries once our 2-4 trendline has busted.
Cosmos To The Moon?In this analysis, we can see Atom continues in its consolidation pattern getting tighter and tighter in the current pennant that is forming. The wave count shows a massive wave 1 that propelled us to the 44 dollar range. As we complete wave 2 we can scout potential targets for wave 3 that can easily take us to the fib retracement level of 2.618 at approximately 100 dollars by the end of Q4. These speculations are conservative in nature and Atom can potentially continue to go higher. From what the data is showing however this is my current analysis that will continue to get updated as more data and price movement continues to come out. Let me know what y'all think. KRAKEN:ATOMUSD
AtomATOM can push to $58 heading into Nov. Looks like W4 is now complete with a fib extension target of the 2.618% fib lvl as our next possible leg up.
