ATOMUSD ❕ bullish sentementATOM has fixed above 50EMA on 1H TF.
The RSI chart is moving into the buy zone at 4H, 1H and 30m TFs.
I believe that having broken through resistance the asset will continue to rise.
ATOMUSDT trade ideas
ATOM impulsive dump to $5.58I am currently tracking sub-wave C of wave 4 which should end at around $9.25 - $9.42 followed by a dump to $5.52 for wave 5 of larger degree wave (A).
Invalidation for the down move sits at $10.2 where you could place your SL.
Cosmos shortCosmos bounced down off the resistance level. Asset broke trough the ascending trendline. Bearish movement to support level at 7.75 is expected to happen.
ATOM/USDT LongTerm LONGHi y'all,
After almost a year, I am back!
We need time to find ourselves and change our lives in a way that we WANT.
So I have recently been analyzing the crypto market again and I think we can have a slight bullish movement.
Here is the chart of ATOMUSDT.
A w pattern is clearly to be seen in this chart based on fibonacci levels
#ATOM/USDT is trying to hold the Diagonal Trendline in 4-Hour TFLooking for Short position in case of BO downward, $8.5 is a key level to watch.
AtomThe altcoin market has already experienced a shock after the indictments against two major crypto exchanges! The Fed also held a meeting at which the interest rate remained at the same level. In turn, the Bitcoin dominance index shows the highest result since 2021. Because Bitcoin did not show such a drawdown as the altcoin market. And there was a major transfusion of crypto assets into the first cryptocurrency. But altcoins, including Atom, have formed their support level, and some are already starting to grow. In my opinion, Atom is one of the most promising cryptocurrencies. And now the market gives another opportunity to buy it at a fairly good price!
ATOMUSD ❕ broke down the channelTD Sequential has formed a reversal signal down on the 4H TF.
The chart has broken down the upward channel.
I believe ATOM will continue to fall soon.
#LQR #TOBTC #ATOMthese resistance are to important for ATOM it needs to Close a Daily above them
otherwise first important sup is around 6$
ATOM POSSIBLE DAILY MOVEMENT 😎♻️😎♻️😎Hi dear traders
The price broke the uptrend line.
It has tested the 11$ support area twice.
It is now testing the trendline and 11$ support area as resistance.
If it fails to cross this area, we expect it to go down to the first value area after a false breakout.
Let's see what happens
All targets specified
This is not financial advice ( DYOR )
Good luck
ATOM Cosmos Bearish Pennant PatternIn its recent case against Binance, the SEC introduced 10 cryptocurrencies into the securities classification: BNB (BNB), Binance USD (BUSD), Solana (SOL), Cardano (ADA), Polygon (MATIC), Cosmos (ATOM), The Sandbox (SAND), Decentraland (MANA), Axie Infinity (AXS) and COTI (COTI).
A bearish pennant is a technical chart pattern that typically occurs during a downward trend in a financial market. It is characterized by a small symmetrical triangle formation, with converging trendlines that resemble a pennant shape. This pattern suggests a temporary pause or consolidation in the price movement before a potential continuation of the downtrend.
When a bearish pennant pattern breaks down, it means that the price has moved below the lower trendline, signaling a potential resumption of the downtrend. This breakdown is considered a bearish signal and may indicate further downward price movement in the near term.
Traders and investors often monitor bearish pennants and their breakdowns as potential opportunities to initiate or add to short positions or to manage existing bearish trades.
My price Target for ATOM is $5.60.
Looking forward to read your opinion about it.
short ATOMNASDAQ:ATOM is bouncing off the resistance level and the descending trendline. Decline to support level at 9.32$ is likely to happen.
ATOM/USDT waiting for the "liquidity grab zone" Hey traders 👋
Next coin that we want your attention is ATOM coin with a nice potential for a good entry to be reached! We see that there is forming a nice triangle formation with a good potential for a breakdown to happen here. We are waiting for that breakdown to happen which should lead the price to go towards the "liquidity grab zone." From there we should be god for some long positions!
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Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ATOMUSD ❕ lower boundary of the channelATOM has sharply reached the lower boundary of the current descending channel.
Many technical analysis indicators indicate that the asset is oversold.
I believe that the price can bounce if it holds in the channel.
Cosmos shortCosmos bounced off the descending trendline. Asset broke trough the support level. Bearish movement to support level at 10.23 is possible.
ATOMUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Still waiting for upward movement in 18-22$ zone.
Entry: market and lower
Targets: 16 - 18 - 20 and maybe ~22(not sure)
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
New analysis 👌 Hi everyone
What is your opinion about the descending channel and the probability of breaking the 10.20 range?
Good luck
ATOMUSDT at monthly support, likley to head towards 13.5-14.7So this is high time frame analysis. The price is trading around monthly support MS1. It has tapped this support several times in past few weeks and every time the price has bounce to the upside although with diminishing degree. Still, it is likely that the price will make a larger move to the upside. It is possible that the price dips into this monthly support and breaches it briefly but even in that case I am not expecting it to go below the 8.84 level marked on the chart. But my bet would be that this monthly support holds and the price move upward from this support. The first target should be monthly resistance MR1. Other resistance levels are also marked on the chart.
atomusdtlong atom usdt break out conform take entry long atom usdt break out conform take entry long atom usdt break out conform take entry long atom usdt break out conform take entry long atom usdt break out conform take entry
Cosmos shortCosmos broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 10.25 is possible.
ATOMUSDT 1W LONG📈Hello everyone. ATOM is at the support of small and large triangles. I recommend considering a long break/retest, depending on your strategy. Marked goals and possible scenarios on the chart.
long ATOMNASDAQ:ATOM broke through the descending trendline and the resistance level. Bullish movement to resistance at $11.28 is expected to happen.
