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Cosmos / TetherUS

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ATOMUSDT trade ideas

ATOM COSMOS 4 Hour Chart Analysis Hello to all out there and good day! Here we have ATOM COSMOS on the 4-Hour Chart setup. We have this Chanel that ATOM has been trading in and may be at the top as it has tried # 3 times to BREAK this upward channel but failed. ATOM must hold the 12.80 SUPPORT ZONE if the COIN wants to move to the upside. The NEXT BULLISH Targets to look out for will be the 13.7 -14.11 LVL AND THEN 14.61 - 15.15 AREAS. NOW FOR THE BEARISH Scenario. IF ATOM loses the 12.8 LVL of SUPPORT We might see it go back and test the 12.1 -10. 0 LVLS . I will update you as time unfolds! Thanks for looking::)
by owenNations
ATOMUSDT is testing the descending channelATOMUSDT has recently experienced a significant price increase following a breakout from a descending channel. The market is currently testing this descending channel and traders are eagerly awaiting another potential breakout. If successful, the next target for the price could be the monthly resistance, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
ATOMUSDT is testing the weekly descending channelATOMUSDT appears to have recently grabbed new liquidity from the monthly support on the $8.7 area, creating a breakout that led to profitable trades. Currently, the market is testing a weekly descending channel. This channel represents a period of downward price movement that is bounded by two parallel trendlines. We will be closely monitoring whether the price will be able to break above this channel, as this would suggest that the trend is reversing and that prices may continue to rise in the future. At this point, it's important to wait for a clear breakout above the weekly descending channel before entering a long position. It's also important to keep an eye on the volume, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
11
ATOM/USDT might for for upper zoneHey Traders! Next one on our watchlist is ATOM coin. We noticed a nice breakout from triangle formation which did not lead BB or RSI into overbought zone. We see a good possibility for this coin to go for upper zones near $17.30 where we might see a pullback back to $12.50 If you like ideas provided by our team you can show us your support by liking and commenting. 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.
by SwallowPremium
21