ATOMUSD.P trade ideas
ATOM ADAM & EVEHello traders,
Here is a quick day play on ATOM. This is the formation of an Adam and Eve pattern. A less talked about price action structure that generally pays the bills!
Cosmos - Is it Really Different? Or Is It Headed Back to $8?Cosmos (ATOM) seems to be one of the only cryptocurrencies STILL in an uptrend. Does this mean it's "special"?
While I think it's fair to expect some sort of relief rally for the market eventually, I think it's fairly likely ATOM will break down from its uptrend as well, and end up at least back at $20. If it follows what many other coins are doing, it should also head towards $8, which is near Summer lows. This is a pretty significant decline from current prices. Recently, I've heard buzz of people raking in gains through airdrops on Cosmos. It seems a bit euphoric, so I wouldn't be surprised to see this thing tank. The sell volume on the weekly is extremely high. In the short term, if the market gets a relief bounce, ATOM can recover towards the $31-32 area and retest the 9 week EMA as resistance (orange on the above chart).
Let's see what happens! Maybe Cosmos can prove me wrong and hit the top of the long term ascending wedge, making a new all-time high this year. This is meant for speculation and entertainment only, not as financial advice.
-Victor Cobra
TRYX ANALYSIS | ATOMUSD |ATOMUSD is waiting for it to drop to the $ 20 support area and then I will initiate a buy transaction. I'm holding on for now. Automatically, the price can increase from this moment, for this reason for those who are inter
ATOMUSD ❕ LONGATOM is now fixed above the support level, but it is not enough for growth. I expect a small accumulation between the nearest levels, fixing above resistance and growth to the next level.
ATOM Short term update #ATOM short term update :
Identified this area to be a key one for the next days :
-Range between $22.966 and $23.807
-> If we go higher, next target are both Daily Tenkan & 4h Cloud, $24.93
-> If we go lower, breakout of Monthly Kijun prices could test $20.11
Let's wait and see !
my low risk/high reward ta on atomsaw a harmonic pattern forming. its either a gartley or bat, my confidence in this trade is quite low because the price didn't hit my orderblock but a choch already formed so I might as well take it since its only a low risk (0.28%) but with a high reward :))))
PS
not a professional student please dyor.
stay safe :)))
ATOM at a breakeven levelATOM has touched the white trend line multiple times. Now, it has reached to a level where the probability of breakdown has gone up. It means, the bull run is at risk if $21.3 is broken.
ATOMUSD ❕ lower boundary of downtrend channelThe ATOM price continues to move in a downtrend channel and has now reached the lower boundary, and volumes on the decline have dropped. I expect a retest of the resistance level, fixing above it and reaching the target indicated on the chart.
Atom long scalp, 3,2R1h bullish market structure.
Higher lows. Entry on void fill.
Target void above and bear msb level.
Might move higher, but level to level. Bear market after all.
A bullish Ascending Triangle for ATOM?A little take on ATOM.
Weekly got Charted here.
It seems that ATOM could be moving within an Ascending Triangle. An Ascending Triangle is a "Bullish" continuation pattern, so this means if Price comes in, in an Uptrend there's a higher probability that it will break higher and vice versa.
I did use the Heikin Ashi candle in this chart, since it gives you a clearer view on the current "Trend". Presently, it seems that the current Downtrend is weakening and that there's a Chance of a reversal, the MACD also do start to "Confirm" that.
Also, the Fibonacci Golden Pocket got retested again, we have seen a beautiful bounce of that.
Coming back to the Ascending Triangle, of course a breakout can occur way earlier than shown here, but usually price moves withing the pattern until the apex is reached. In that case, ATOM could range between 30-40$ for Weeks to come now until breaking higher.
After a Breakout, preferably there's going to be a retest and a Bounce of the upper Trend line that got broken. Measured Target would be at 59.70$
KEEP IN MIND:
The World is in a Volatile situation, so this always can turn to the opposite.
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This Analysis is not intended to be investment advice. Always DYOR.
cosmos vs cosmos vs btc and etc. for atom research report. words words words words words words words words
ATOM is at the bottom of its ascending channel. Will it bounce?Looks Like ATOMUSDT is at the bottom of its ascending channel and on demand zone. It can move at the bottom a bit and go up or create a fake break out as it did before and travel to the top of its channel.
Comments please..
This is not a financial advice.. Please DYOR before opening any position.
Cheers
ATOM Bullflag Still in PlayOn the left we can see a more zoomed in version of the ATOM chart (weekly timeframe) and it shows how price continually forms support areas around the top and middle of the channel
This strengthens the possibility of a successful bullflag
On the right the bullflag is seen more evidently (in the triangle), this triangle is out of the clearest Fib circle which makes me assume a new run is coming.
ATOM/USD Developing the Space of Cosmos - 1 month ChartThis is a real time from the beginning demonstration of me developing a chart. I start with the whole being and whichever time frame houses it well. Here it was 1 month. I normally do this while watching the news or listening to NPR or BBC live stations. Here I am listening to the live Miami Bitcoin Conference.
ATOM/USDT - PUMP SHORT TERM this setup is based on alts potentially running this week. lets see if we get
Bullish cross ahead, but danger long short ratio. Atom wants to reenter a bull trend again to maybe reach new higher highs even.
But we need to be careful with it´s high long short ratio at the moment that could stop the move to the upside.
Those that bought at 26-27 like me should leave a Stop loss under the 21 weekly on my opinion (29,6 right now)
But if Atom manages to really get inside a trend tendency we could reach 40 to 60 easily in the next weeks.
Long - COSMOS ATOM MACD Divergence on WEEKLY Timeline We had a bullish divergence in the weekly time frame on the MACD indicator. Last time this happened we had a 300% bullish run.
Following the current trend-line, ATOM might be able to break through the short and long-term resistance levels.
I personally think ATOM - COSMOS is a good project in the crypto scene and one that is currently undervalued. I would put the future worth of cosmos - atom somewhere in the thousands near the early days of bitcoin ($2500+).
I don't know if this will play out but I do love the idea and thought it was interesting. Please feel too judge this analysis yourselves and let me know what you think in the comment section below.
ATOMUSD LongOverall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
ATOM Ascending TriangleATOM has an ascending triangle on the weekly/daily view with the measured move of about 80. Once it breaks 45, it could easily continue upwards to 80 since there will be no resistance in between.
