ATOMUSDT trade ideas
ATOMUSDT.1DHello Crypto Lovers, This is a 1D frame analysis for ATOMUSDT After hitting the second support line, as you can see, the price was able to move up again and support the price. Currently, the price is below the first resistance zone and we expect it to reach the first resistance zone. If it fails to establish itself above the resistance zone, we expect to see a price correction. However, if it is able to break through the resistance zone and establish itself above it, we expect a price increase. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
#ATOMUSDT (Trade Setup) 4-2023 #ATOMUSDT RISKY (Long Term)
Buy : 12.75000000 - 10.92101569
E-AVG: 11.82371356
Take - Profit Targets:
Target 1: 14.02500000
Potential Profit: 10.00% / 18.62%
Target 2: 17.21250000
Potential Profit: 35.00% / 45.58%
Target 3: 22.31250000
Potential Profit: 75.00% / 88.71%
Target 4: 31.87500000
Potential Profit: 150.00% / 169.59%
Stop-Loss: 10.64134221
Signal R/R: 10.00% / 169.59%
Potential ROI : 67.5% - 80.62%
Risk Percentage / Position size : 1%
Exchange : Binance, KuCoin, ByBit,
Duration: 15-90 days
Confidence in Trade : Medium
Technical Analysis:
Disclaimer
The Cryptocurrency market is very volatile and involves gains and losses as well, so know very well what you are heading towards before engaging in it.
Ultimately, the decision to buy or not is yours, and you are solely responsible for it.
We wish you safe trading and profitable days ahead!
we ask Allah reconcile and repay.
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
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!
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 $5.60.
Looking forward to read your opinion about it.
ATOM/USDT waiting for the "liquidity grab zone" Hey traders 👋
Next coin that we want your attention is ATOM coin with a nice potential for a good entry to be reached! We see that there is forming a nice triangle formation with a good potential for a breakdown to happen here. We are waiting for that breakdown to happen which should lead the price to go towards the "liquidity grab zone." From there we should be god for some long positions!
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Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
ATOMUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Still waiting for upward movement in 18-22$ 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
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.