ATOMUSD trade ideas
Break Out on ATOM soonHey guys!
With BTC pumping again, alts should also get some of that sweet juice. In particular, ATOM is looking pretty good right now as we can see an ascending triangle formation on the chart.
Personally, a buy for me, as they have their own ecosystem for blockchain projects. Projects that are doing a great job with their own ecosystems are the most valuable in this market, in my opinion. And I like what ATOM is doing
The Sad Reality- So this post is not a Cosmos analyse.
- i just wanna teach peoples and help peoples.
- So u want to know if your altcoin is a good invest or a shitcoin before the end of this bullrun ????, i will show you how to detect it.
- Take any of your coin and draw a Line from May 8 ( Last BTC Dip) to Now and check this Line. You will see very fast if your own coin is in Bullish or Bearish Mode.
Have many reasons for a coin to be in Depression ( Fails, Hacks, Delays, Slow Exit Scams, Evacuate coins on Peoples, etc.. ), that said, some teams know what they do, and they will Pump their coin at the good time ^^.
- The Big question u have to ask to yourself is : " Why i wait for moon on my coin..... While am waiting for the Moon, some others coins are Mooning Already !"
- So as first exemple i took COSMOS ATOM and as you can see, it's BULLISH.
- i will add some populars Coins/Tokens in next comments to show you some results with a simple trendline !
this post is not an investment advice for any altcoins!, it's just the reality.
Happy Tr4Ding !
ATOM=AtomBomThe open, scalable, and interconnected economy of the future. $ATOM
Cosmos is an ever-expanding ecosystem of interconnected apps and services, built for a decentralized future.
ATOM is one of the main ecosystems that exist in Crypto called Cosmos. Out of it came the famous Luna!
In the chart are my humble predictions for this project that ranked 20 in market-cap.
ATOMUSD D1: PRICE/ RSI DIV WARNING / 65% correction(SL/TP)(NEW)Why get subbed to me on Tradingview?
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ATOMUSD D1: PRICE/ RSI DIV WARNING / 65% correction(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
NOT a setup to SHORT ALGOUSD. Just showing
signs of weakness and recommend to stay out
of this market into the pullback.
🔸 Summary and potential trade setup
::: ATOMUSD daily 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
::: expecting correction/pullback mode
::: pullback required to attract
::: new buyers from the lows
::: 40-60% pullback possible next
::: 6-10 weeks in Q3/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 +50% 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 is in the correction waveCHART 4H
Based on Japanese Candles, we have the second test MA50 but price can't close above MA50 within a huge volume. Besides, RSI has a negative signal.
I think that is bad for ATOM next week.
----
CHART 1H
Seem ATOM is in a correction wave ABC with wave C is progressing.
I think that is a flat wave because wave B is done nearly the beginning of wave A.
If that's true, wave C will done at around 28.5
Let's wait and see
Value Entry AtomAfter a retracement from the local high being made to the .618 to the .886 we can layer our bids there. Shown with the long position tool( GREEN/ RED buy orders)
There is an argument for continued downside because of the maturing hidden bearish divergence on the local high being made right now.
This MPLIES impending price continuation to the down side. In essence a lower high is created with higher levels of buying momentum. Which means the Sellers have too many orders there for the increased momentum to push through to the next area of interest.
What can happen to invalidate this observation is if the ne high is made and the MACD histogram make a second higher high.
Not a value buy right now the.
ATOM/USD, set for another record high.The following is a machine translation.
There was a sharp pullback due to BTC, and as BTC rallied, ATOM performed very strongly.
From the volume point of view, the volume and price are in line.
In terms of indicators, macd refused to die, and the long side was clearly strong.
The overall view of the pattern is still not broken, and the overall general trend is bullish.
The probability of a new high, which is basically inertia.
Atom/Cosmos Smashing ATH and has little resistance at this levelLooking very bullish for EOY projections on Atom/Cosmos right now. It may come recheck its support lines at its previous highs, but it looks very bull into 2022. Don't long at this level wait for a dip, but if the opportunity presents itself it could be lucrative. Not financial advice, i just like this crypto.