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ATOMUSD trade ideas

Patience/Conviction holding/buying $ATOM right now(LONG)been watching this Inverse h&s pattern forming over the last several months. I hear Inverse H&S patterns usually happen on a reversal. Well, we been bearish for a long time, so maybe the trend is reversing and this pattern will confirm so and thus start of a bullrun on ATOM? Left shoulder formed(Sept.-Oct.). Head Formed(Nov-Jan). Right shoulder(Feb-Now) is looking over halfway formed right about now, neckline still in tact.... pattern should be validated once price gets over $13.50- HKEX:14 area. should breakout to the 20$ zone if validated. invalidated if price drops below HKEX:9
COINBASE:ATOMUSDLong
by kvnmichael04
ATOMUSD - Bullish Trend - 1H TFBased on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) showing divergence is synced currently. I recommend taking a long trade with a risk/reward ratio of 1:1 Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
BINANCE:ATOMUSDLong
by mansooryousafzai
ATOM (Cosmos) set for a 1 to 1 extension! Atom (Cosmos) aims to be the “internet of blockchains” by allowing developers to build their own blockchains, each of which are interconnected via the Cosmos network. ATOM is the native cryptocurrency, used for staking and securing the “Global Hub,” which connects all of these blockchains. Well respected throughout the industry and widely known for being a great technology. Atom (Cosmos) has built a STRONG ecosystem that I believe is about to take off!!! Having an annual interest reward of over 5% on Coinbase this one is looking like a very safe play through the coming BULL! IMO Atom (Cosmos) has bottomed and a reversal is underway!
COINBASE:ATOMUSD
by ChartPatternExpress
3
ATOM Strong Support LevelATOM is currently trading at a key support level, which has historically provided a strong foundation for price reversals. This support level has been tested multiple times in the past and has consistently held, demonstrating the strength and reliability of this technical indicator. Given the asset's performance at this support level, there is potential for a significant price increase throughout 2023. With market conditions aligning and technical indicators suggesting a potential upward trend, ATOM could experience a remarkable growth of up to 1100% by December 2023. This projection is based on historical price action, trend analysis, and the assumption that the asset will continue to respect the established support level. However, it is important to remember that past performance does not guarantee future results, and market conditions are subject to change. Investors should carefully consider their risk tolerance and investment strategy before entering any trade.
KRAKEN:ATOMUSDLong
by aaronkaltman
1
ATOM accumulation is unfolding, long or short?In general longs are preferred, with one simple note though, we might sink on 10.0-9.n in the current ending diagonal, which is highly possible. I protected my long position in the wallet with a small short, because drop can be 15% from the current price. Also there's a chance that we might rocket any time soon, and ending diaogonal just becaomes a correction, though my gut feeling is telling me that it's not that simple. Good luck trader!
BINANCE:ATOMUSDShort
by nanfinance
4
Still waiting for ATOM's correction to join longsATOM and the whole crypto market now looks bullish, I'm still waiting for a complete correction to join longs. I was thinking that we might have an ending diagonal across many many charts, but now I doubt that due to many tiny details. Even for ATOM the whole movement up looks like a complete impulse wave, and if we have an impulse it can only be a wave 1 of a bigger impulse wave. In general if we cross 17.20 it's a confirmed bull run with targets 26, 35, 44 and even 51 which highly depends on fed rhetorics.
BINANCE:ATOMUSDLong
by nanfinance
3