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Cosmos / TetherUS

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ATOMUSDT trade ideas

ATOM (cosmos) Buy ??Hello traders 🖐🏻 Atom currency has formed a BAT harmonic pattern and is currently under a very important trendline. According to the news and positive events that have come for this currency and according to the increase in the volume of purchases last week, the general trend of this currency is upward and it can easily grow up to the specified resistance areas. But my suggestion is that you should consider selling this currency from the price of $20. This currency has serious supply areas after the price of $20. The best price to buy is between 10 and 11 dollars. Good luck ✌🏼
Long
by ice_Traderr
Cosmos(ATOM): Waiting For A Re-TestRejection from a key resistance area suggests a potential trend reversal. After a promising rally, resistance rejected ATOM's price, providing an opportunity for a potential entry into a bearish move. If this rejection signifies a true sentiment shift, we may witness a pullback towards the next substantial support levels, mapped around the $9.68 and $8.51 price points. So in short, we are waiting for that lower trend, which was broken, to be re-tested, potentially giving us a good entry for some short-term push.
by SwallowPremium
Atom - New bulls on the way.In 2023, the cryptocurrency market is seeing a potential bull market. Cosmos' ATOM stands out in this environment for several technical and strategic reasons: Wedge Formation and Bullish Breakout: This technical formation suggests potential growth for ATOM after a prolonged period of accumulation, indicating a bullish trend. Technical Analysis and Profitability Potential: On-chain data and technical indicators show significant token accumulation, with long-term head-and-shoulders patterns signaling the possibility of substantial returns. Capacity and Technical Efficiency: With a capacity to process up to 4,000 transactions per second, ATOM Ripple (XRP) with 1,500 TPS, Stellar (XLM) with 1,000 TPS and IOTA with 1,500 TPS, highlighting its efficiency and speed. Updates and Future Development: Important news about ATOM is expected on September 18, 2024. The Cosmos roadmap for that year could offer key information on the future development and strategies of the ecosystem, which is crucial for investors and participants of the market.
Long
by IvoSqueeze
ATOM: Channel UpTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside potential to $13.00. Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Stop Loss (SL) at $9.50. Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00.
Long
by altFINS
Cosmos To the Cosmos? Bullish Play on ATOMFirst Resistance Zone - $8.70 - $10.05 Target 1: $10.05 Target 2 - Resistance Heavy Resistance level (Previous top) - $14.15 Absolutely love this project - Solid fundamentals, Founding in 2014 (Crypto Og's) And targeting some of the prime problems in the ecosystem. In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains. The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry. Cosmos’ origins can be dated back to 2014, when Tendermint, a core contributor to the network, was founded. In 2016, a white paper for Cosmos was published — and a token sale was held the following year. ATOM tokens are earned through a hybrid proof-of-stake algorithm, and they help to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency also has a role in the network’s governance.
Long
by Helios_Capital_Investment
🌌⚙️ ATOM/USDT Resistance Rejection and Support Analysis 🔄📉ATOM (Cosmos) has recently encountered a resistance level at $12.00, experiencing a rejection that prompted a retracement to the $10.00 - $10.50 support zone. Here's a breakdown of the key analysis: Key Points: Resistance at $12.00: ATOM faced resistance at the $12.00 level, resulting in a pullback. This level is now a critical point to monitor for potential breakthrough or rejection. Retracement to Support Zone: The price retraced to the support zone around $10.00 - $10.50, indicating a crucial area where buyers might intervene. Potential Breakthrough: If ATOM manages to turn $12.00 into support, it could signify renewed bullish momentum, potentially leading to a test of $13.50.
Long
by Richtv_official
ATOM: Channel UpTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside potential to $13.00. Price is trading in a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00.
Long
by altFINS
ATOM/USDT Breakout the key resistance area. Bullish Momentum ?💎 ATOM has been a major point of focus in the market, recently achieving a breakout from a resistance area. It's now in the midst of a retesting phase at what was previously a resistance level, now serving as support. There's a strong probability that ATOM could resume its upward trajectory towards a significant resistance area following this retesting phase. 💎 However, should ATOM struggle during the retesting phase at the support level, it might suggest a false breakout. In such a case, ATOM could potentially revert to the demand area. 💎 Upon returning to the demand area due to a false breakout, it becomes crucial for ATOM to demonstrate a strong recovery. A robust bounce from this demand level is necessary for ATOM to attempt to reclaim the resistance area and continue its upward movement. 💎 If ATOM only consolidates at the demand level without a significant bounce, it risks losing this crucial support zone. This could lead to a shift back to a bearish trend for ATOM, potentially resulting in a downward movement towards the key support area.
by MyCryptoParadise
3
Cosmos Hub (ATOM) Poised For Continual Growth ATOM, despite its correlation with Bitcoin, recorded a 35% rise in December, hitting a local ATH at $12.4. With its yearly high still distant at $17, the cryptocurrency retains considerable growth potential. ATOM is presently hovering near the selling zone of $11.67-$12.40. Its growth is currently prioritized as buyers demonstrate resilience despite Bitcoin's correction. The next milestone for buyers is set at the $13 level. Should a local correction occur, ATOM might retreat to the buyer's zones of $10.5-$11, $9.5-$10, and potentially down to $8.81. A drop below this final threshold could indicate a shift to a medium-term bearish trend, with the possibility of further declines.
by DEXWireNews
1
ATOMUSDT Idea - COSMOS vs TETHERHey Traders.. No Comment!! BINANCE:ATOMUSDT BINANCE:ATOMUSD COINBASE:ATOMUSD ⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities. ✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
Long
by Arash-RK
ATOM: Channel UpTrade setup : Price broke above $10.00 resistance to signal continuation of an Uptrend with upside potential to $13.00. Price is trading in < a Channel Up pattern. Swing traders: can enter near Channel support trendline (~$10) and exit near Channel resistance trendline (~$13). Previously, price broke above 200-day moving average to confirm a bullish trend reversal to an Uptrend. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $10.00 (previous resistance), then $8.50. The nearest Resistance Zone is $13.00.
Long
by altFINS