Wedge Formation ATOM has sold off but with the receding volume into this wedge formation we could get a bounce out of the wedge, some consolidation and a few entries back into the highs. If this wedge fails we could have some real bear market action on our hands with ETH and ATOM. Longby redpilltradesUpdated 3
Watching ATOMAtom COINBASE:ATOMUSD is having a stand out rally today. It has brought price back to a key former Support which could create a current Resistance. I do not see a trade yet but will be watching price to see if it reverses to go lower from this level.Shortby norok5
Cosmos (ATOM) - Simplify, Zoom Out!The native token of Cosmos, or the main competitor of Polkadot, made a pleasing decline towards support of the Weekly 50EMA. Polkadot and Atom are both above-average-volatile cryptos & tend to cross their point of true valuation by quite some distance. For as far as this token goes back in history, the 50-Weekly EMA shows good signs of support. A volatile strong pullback of more than 50% after 42 days of continuous selling. Cosmos is a decentralized network of independent parallel blockchains, each powered by their own BFT consensus algorithms like Tendermint consensus. ⛏️ Polkadot is a blockchain protocol that simplifies interoperability by bringing multiple blockchains into one network, the Parachain, sharing the same consensus. ⛏️ Polkadot is hovering over relatively the same area: Both have the same mision: Interoperability. In contrast to Cosmos, Polkadot uses Proof of Stake consensus where miners can be found at the heart of the network. In the future of blockchain, I believe that interoperability will be one of those longterm opportunities where money's at. Interoperability is vital to connect ecosystems in the future. Other projects like Cardano are also building protocols serving this need but not to the same extent. Out of all three, Cosmos is the one pulling Interoperability to the extremes, promising to support unlimited new blockhains and connecting them via Hubs. And the advantages don't stop there. Shared security frameworks, modularity, performance and many more aspects are added value by this philosophy. Both Polkadot and Atom look currently undervalued when relatively compared to the total altcoin market using the same indication: Additional & interesting information on how Cosmos works can be found here: v1.cosmos.network Enjoyed reading this article? Follow me to stay on top of crypto and receive more informational crypto content like this in the future. Thank you for reading and feel free to leave your thoughts in the comments below! 👋Longby jonathanvn5
Cosmos (ATOM) - December 17Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ATOMUSD 1W Chart) Above the 8.9843770 point: the uptrend expected to continue Over the 13.9869501-17.6656889 section: Expected to create a new wave. If the price holds above the uptrend line (1), then the uptrend is expected to continue. In the wRSI_SR indicator, we can see that the downtrend has accelerated as the RS line failed to rise above the 20 point and then fell again. We need to see if the RS line breaks above the SR line and can turn into an uptrend. ------------------------------------- (ATOMBTC 1W chart) Above 0.0003749 point: expected to continue uptrend We need to see if we can continue the uptrend along the uptrend line. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) --------------------------------- by readCrypto13
ATOM LONG ENTRY Falling wedge into order block Atom has had bullish falling wedge retracement to 618 and 2day order block with rsi divergence aggressive long entry on reclaim of 618 or wait for falling wedge retest or conservatively wait for horizontal resistance to be broken and retested Longby Girlgonebit1
ATOMUSD Pushing From Support ZoneBullish idea for the ATOMUSD. . Khiwe On this profile page, the shared analysis, ideas, and also, the strategy of a chart belong to Khiwe with some being influenced. The technical set-ups are speculative, they are not guaranteed for accuracy or completeness in the form of any content; it is not to advise on financial markets. Please apply your own analysis and confirm it with price action.Longby KhiweUpdated 1
Bullish on AtomAtom trying hard to play within the box its been allocated. 4 days of the week left until close.Longby prendina0121
Cosmos Atom Triple Bottom PatternTriple Bottom Pattern on Cosmos Atom token. If BTC doesn't stays above $46,000 we should see a rally back towards the lower $30s, which is where Cosmos likes to settle on the high side. Current low price of Atom, $22.59 is right at the 200 day moving average. If you want to learn more about Cosmos, I recommend a bunch of videos done by @cryptocito and @coneydaddy. And then check out Cosmos' map of zones to see all the projects in the ecosystem, don't forget to hit the testnet switch to display all the cosmos projects in development, it is truly mind-blowing. Not investment advice and I don't know what I'm doing, but thought it'd be nice to share a little creative moment about a project I've been following.Longby lightwavesUpdated 113
confirmation of down trendThe downtrend of the atom is continuing, and the confirmation of the downtrend can be seen in the breaking down of the range area and intersection of the moving averages.Shortby cryptoonchain1
Whats coming for ATOMATOM’s price, after holding well for a couple of days, recorded a swift fall. But, with gains coming in at the time of writing, ATOM’s recovery could be swifter. Interestingly, pseudonym analyst Bluntz notes a similarity between ATOM and AVAX’s price structures, anticipating that ATOM could rally north. According to the analyst, the crypto presented a similar trajectory that AVAX had during the beginning of this year. Well, while ATOM’s prospects of picking up pace look good, its price needs a retail push above the $30-mark. ATOM’s trade volumes still don’t suggest retail euphoria and a return of retail interest could reignite the alt’s rally.by Oepil2
Short term thoughts on ATOMATOM is gearing itself for a possible bullish rally in the days to come. If this happens, the crypto might go beyond its resistance level and reach the bullish price. Of course, this is most likely to happen if the bullish market continues to reside with ATOMShortby Oepil553
ATOM price perdiction P3The only thing we can do now is to wait till mid/end December. A 2x is likely for ATOM in the short term. But, when the bear market hits I think it will be around 15$ maybe even lower.Shortby Fortunater1
COSMOS could be heading higherNot investment advice. Please do your DD ATOM looks to have completed ABC correction. Looking to move higher.Longby BlackisKingUpdated 116
ATOM price perdictionMedia go brrr is likely bcz of BTC pumping in December, most people say altcoin season would be over by then but I don't think so. Shortby FortunaterUpdated 5
ATOM price perdiction P2As we saw, A lot of people are looking at ATOM. ATOM was one of the biggest gainers on 3 Dec 2021 but came back fast. With Atom pumping it got some media attention but not too much. Once the altcoin season in December goes parabolic ATOM will go to around 50$ at the end of 2021. ATOM has a lot of support at 25$ and massive resistance at 33$. I think some 2x/3x in a month are possible. Target around 45 - 60.Shortby Fortunater224
36-38 againWas expecting a rise to 32, and now 38. I do want for sure a break upside 32 to consider 38, obviously. And also since I do expect some more testing that could happen around 31.2, and even back to 29.2, before it moves upward furthermore. And I do expect a rise to 44 as well on a longer term, but these were my first target zones. If there would be a break under 29.2, then it would mean 25-26, but for now buying interest has been consistent enough to not go play within that zone. Weekly Monthly Update will be provided as this move through the cycle. Longby bibszUpdated 3316
ATOM Swing TradeLooking at a good opportunity if we can hit the golden pocket on the fib retracement, although I'm not sure we will with the support range. On the FA side, I anticipate a leg up similar to LUNA as these assets were grossly underpriced. On the TA side, we have been able to reverse market structure, and break through a previous resistance, along with a weak double bottom. Further, our TP of 42 at the 0.618 line is reasonable as it is below our next resistance level. (Another trade I might explore is another FIB extension once we hit 0.618 with a new setup to see if we cant get acrross that higher range).Longby thespinmatt224
#ATOM Looming Breakout#Atom looks set to test the stiff resistance at $32, which was previously serving as support. - It will be hard, as the line coincides with the 100 & 50 day MAs. - A breakout and close above it will lead to retest and continuation up to the all time highs as shown at the chart - If not successful, the price will return to the lower supprt around $23 and continue ranging. Good for stacking in such case. Overall- BullishLongby StoilIvanov441
ATOM LongPA near lower resistance, money will rotate from L1s. LUNA pumping is a sign for ATOM following shortly after. Proposal 56 was passed back in September but now more people are looking at it and what it means for Cosmos to be the IBC hub. Also @blknoiz06 hinted at a cosmos trend.Longby candle-maker5
ATOM long setupPrice rejecting major S/R level on the daily and broke out of the descending triangle pattern and rejecting the 1H50EMA + .5 and .382 fib retracement. Invalidation below the .786 (White line) Targeting the D20 at least and letting the rest moonLongby Antithesis_Updated 1
ATOMLooks like ATOM has bottomed and the bulls have filled all their bags, I think we going back up from hereLongby Big_Mike716339
atom/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.by AyoKu4