ATOMUSD (1H) - Bullish breakoutHi Traders
ATOMUSD (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 12.911 resistance level. Only the downward break of 12.530 would cancel the bullish scenario.
Trade details
Entry: 12.911
Stop loss: 12.53
Take profit 1: 13.145
Take profit 2: 13.525
Score: 8
Strategy: Bullish breakout
ATOMUSD trade ideas
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.
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!
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.
ATOM TO $250 DOLLARS - MOST BULLISH ALTCOINGreetings to everyone! :)
Hope you are doing well and safu!
Very rare I will share altcoins as my target is to spot the most bullish in long term.
First one is the ATOM. From my view one of the most bullish altcoins at the moment
apart from that is and very undervalue based on its technology.
We completed Waves 1 and 2 by creating a beautiful channel. Wave 3 is going to start
very soon, and I prepare my bags :)
Wish many people not to lose this train :)
Your comments and a possible like in our TA, will be always appreciated.
I am waiting from you to discuss anything connected with cryptocurrencies and crypto industry. :)
Have everyone a nice day ahead and a wonderful weekend.
Cosmos: I’ve Got the Power 💪In the back of your head, you should now hear the intro to “The Power” by Snap! as this is the fitting soundtrack for the ascent Cosmos has accomplished so far. From the low of wave (ii) in blue, the altcoin has realized an increase of about 30%, so the current rest is indeed deserved. Soon, our crypto-friend should resume its climb to make it above the resistance at $15.81. There, Cosmos should finish wave (iii) in blue before starting the countermovement of wave (iv) in blue, which should happen above $15.81, though. However, there is also a 35% chance that Cosmos might develop a new low in the form of wave alt.II in white, dropping below the support at $5.54.
$20 Atom approaching. Inverted H&S just about confirmed! While everyone else was freaking out last week with BTC fall from 22-23k, the rest of the market dipped also....everyone always gets so short sighted. I knew the dump was going to be temp as long as we stayed above 17.5k(keeping the higher low trend going)...remember that starting in January we shot from 17.5k up to 25k....slowly consolidated down to high 19s-Low 20s to build solid support above previous support of 17.5k...
So now, from here on out, as long as we stay above 19-20k on the next dip then we are still building Higher Lows.
We also built a higher high as well as 25k was previous resistance and we breached that today almost to 27k!...so we just set a higher high in addition to a higher low...BULLISH.
ATOM IS JUST FOLLOWING BTC.
Atom will soon be @20$ once we break the neckline of the Inverted H&S
#ATOMUSD - A 20% Short or Resistance Too Strong?theCrypster -
This ranging wedge formation has a clear level of support/resistance running through the middle of it; we've just received a Sell signal from CTv2 after a rejection on the upper edge.
Are we going to see a huge 20% Short coming off here all the way to the lower support edges, or will this SR band prove to be too strong?
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ATOMUSD (4H) - Hi Traders
ATOMUSD (4H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 12.47 support level. Only the upward break of 13.10 would cancel the bearish scenario.
Trade details
Entry: 12.47
Stop loss: 13.10
Take profit 1: 12.08
Take profit 2: 11.46
Score: 5
Strategy: Bearish breakout