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ATOMUSDT trade ideas

ATOMUSDTATOMUSDT Parsing A symmetrical triangle pattern appeared on the chart. Exits from a symmetrical triangle can be either up or down, depending on which level breaks first. If the price of an asset breaks through the resistance level, then this indicates that an uptrend is starting in the market. If the price of an asset breaks through the support level, then this indicates the beginning of a downtrend. It should also be noted that the symmetrical triangle can only be applied in certain market conditions, when the price of an asset is in a sideways trend and does not have a clear direction. In short, the symmetrical triangle is the most misunderstood of all triangle patterns. So far, the following picture has emerged on the global chart: The main support for atom is at $8.494 and $6.393. In the event of a collapse of the entire market, it is worth looking for rebound zones at these levels. We would not recommend taking short-term positions yet. It is worth waiting for the breakout of either support or resistance of the symmetrical triangle. In case of breaking through the resistance, it is worth considering the following targets: 17.124 - 19.925 - 23.621 (marked with blue lines on the chart) If you like the idea, don't forget to subscribe and rate like👍
by Andrey_Crypto
4
Project with 20x potential, Atom investing I wrote about this project a few months ago and many people called out that $8 will not budge, but we need to know where the demand is. Big eco system that needs to do a lot more changes, but I think this is a great price to accumulate if you believe in this project. This is a monthly graph so it takes time for all this to play out, but is it worth taking the first profit at the highest peak and then a little more if it comes? Of course. Everyone who short a large market cap knows what the market does when the price goes up. Tell me your opinion if you like this, and follow for more investing ideas and trading.
Long
by learnfromfailure
2
1D Review ATOM/USDTI invite you to review the ATOM chart in pair to USDT on a one-day interval. Using the blue lines, we can mark the downtrend channel in which the price is moving and we can see that we are approaching the lower border of the indicated channel. Let's start by marking the price support spots and we see that we first have a $7.05 to $6.03 support zone, however if the price goes lower we have a very strong $5.03 to $3.60 zone and then when this zone is broken, we can see a drop to the $1.77 support area. Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has rejected the first zone which goes from $8.39 to $9.41, when we get out of it the price has to go through the second zone from $10.24 to $11.10 and then move towards very strong resistance zone from $12.23 to $13.73. The CHOP index indicates that there is still energy for the ongoing downward movement, we are in constant rebound on the RSI and we see that each increase gives a quick return to the lower limit of the range, while the STOCH indicator is heavily exhausted, which may give a temporary price rebound.
by cryptodailyuk
Brief Analysis——ATOMYesterday, due to the victory of Grayscale, BTC leads the entire market up. Many tokens are seeing gains of 5%+. Although winning the case does not mean that the BTC spot ETF will be approved soon, but the review efficiency will be improved. Today, we will conduct a brief analysis of ATOM and ONE. They were analyzed before. Let's take a look at their current situation. As we expected, ATOM fall with fluctuation after the last brief analysis and quickly approached the given support level. Although the bears has weakened since then, the bulls have shown no signs of strengthening, and the price has maintained a 10-day fluctuation. On Aug.15, the price broke through the given support level (green dotted line). ATOM remains bearish on a large scale and has started a new round of decline. The next strong support level is around 6. But we can see that during this round of decline, the power of the bears has gradually weakened. The slope of the red arrow has changed from steep to flat, while the green arrow has maintained almost the same slope. This shows that the bears has weakened and the bulls has increased. Conclusion: Mostly fluctuation. The bullish power is gradually increasing, so we believe that ATOM may get into a range. We set resistance level at 7.90 and support level at 7.03, which is near last week's lows. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by Sypool
ATOM is Recharging the Fuel for its flight to CosmosHey there! So I've just seen an amazing analysis of BINANCE:ATOMUSDT by the "Swallow Crypto" trading team named SwallowPremium on TradingView (I'd give you the link but my rating doesn't give me a chance yet, so just look at the linked Idea) . Shout out to you guys! And I've found some more nuances to it I'd like to share. The guys suppose we might be right at the Liquidity grab zone right now, and go up from here, as we've got to the same zone where we've been in June within a quick spike down and I totally agree with them. However, looking on a bigger picture, June 22' zone seems a lot more interesting for the big guys to enter, having in consideration this green indicator that shows Big Buys. We're currently facing Medium buys already, so the Fuel is slowly recharging, but it's still hard to name this zone as the Gas Station. I will update you when the Big Guys will come in, so you can just follow me to be updated. My guess is that we've Just been welcomed in the Entrance zone that started on 7,1 but may go deeper all the way to ˜5,8 or even ˜5,5 and will be formed within the next month or two within the tip of almost 1 year old Descending Wedge and from there we'll make a good old breakout. However, i don't consider ATOM to be a short speculation project, so getting in by now and DCA-ing within the dips sounds cool to me. P.S. Zooming out to the on-cycle view and considering 2023 not to be a final bottom, theoretically we currently are in the wedge inside of the wedge. If so, we will break out to ˜14,5 and go down to the Nadir... To the zones where "crypto is dead" will return back. To sub $2 ATOM.. Oh man I wonder if it's just the fantasy of the trippy mind or is it Groening mode on full send mode. What do You think? 👁️ A.I.Vision
by A_I_Vision
3
ATOM Ready for Upward Movement? | Cosmos Analysis Today💎Attention, Paradisers! ATOM is on the move, currently navigating within a flawless descending triangle and setting the stage for a potential bullish upswing. 💎Just days ago, ATOM adeptly engaged with the bearish Order Block (OB), established equal highs and embarked on a bearish journey to address the Bullish OB and capture buying liquidity. 💎If the price successfully breaks through the upper boundary of the triangle, it's poised to engage with the overhead supply zone. However, let's not overlook the elephant in the room—market uncertainty, which could sway the price in either direction. 💎We're bullish on the prospect of the price retesting the supply zone, thanks to lingering liquidity. 💎Keep your charts refreshed and stay tuned for more updates. Happy trading!
Long
by MyCryptoParadise_Simon
3