ATOUSD trade ideas
Cosmos (ATOM) - September 16Hello?
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(ATOMUSD 1W Chart)
If the price holds above the 8.9843770-10.6181781 range, we expect the uptrend to continue.
In particular, if the price is maintained above the high point of 17.6656889, it is expected to create a new wave.
(1D chart)
If the price is maintained in the range of 32.82772488-36.7282127, it is expected that the uptrend will continue.
If it goes down, you should check to see if it finds support at the 30.8767670-32.82772488 zone.
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(ATOMBTC 1W chart)
If the price holds above the 0.0003152-0.0003749 range, we expect the uptrend to continue.
In particular, if the price is maintained above the 0.0005845-0.0007650 range, it is expected to create a new wave.
(1D chart)
If the price is maintained in the critical range of 0.0005845-0.0007650, the uptrend is expected to continue.
If you fall from the 0.0005845 point, you can touch near the 0.0004898 point, so you need a short stop loss.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
$ATOMUSDCOINBASE:ATOMUSD look for buy setups in the blue rectangle. ATOM has been in a channel and I expect it to treat the lower channel line as support.
38.-.40Change of character at touch of 34. and heavy demand emerging in harmony with price moving to the upside closing on bullish engulfing.
Could make a retracement to 35. before but as demand is reacting now I be doubting that.
Demand heavy and maintaining on bigger and smaller TF, and expect .50 on longer term, and a break upside .40 would give signs it is showing being ready moving there
End of YearI think this is a plausible route for Atom to take for the rest of this year. An obvious cup is now looking for a handle. I expect that it will continue moving up for at least a few more days before starting the move down. It could drop all the way back to 18$ based on previously established supports. That move would typically be followed by a jump to a new ATH . Based on this year's price action, and more importantly the newfound burst of positive sentiment surrounding the project, I think that Cosmos is going to push its market cap to around 15 billion before the end of the year. I am looking for a price in the 70-80$ range at year end.
Took a short position on -ATOM-Based on the top of the linear regression channel(3day). I'm hoping it reverts to the midline.
ATOMUSD peak at $132 at leastPattern: Fibonacci Channel on 1D.
Signal: Buy as the price broke above the previous Higher High, after bouncing off the 1D MA50 (blue trend-line) with the LMACD on a Bullish Cross. This combination of factors has previously resulted in a very aggressive rally within the pattern to a new Higher High.
Target: $130 (just below the 2.0 Fibonacci extension).
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ATOM needs the breakout of the $58 and $78 first ATOM needs the breakout of the $58 and $78 first to think about other galaxies of the cosmos.
Cosmos ($ATOM) New FIBCosmos ($ATOM) continues its phenomenal BULL-ish action trading above $32.30 support and touching $34.01 resistance with its wick
Cosmos ($ATOM) FIBCosmos ($ATOM) is another coin of the month. Phenomenal BULL action as they gobble up yesterday's dip
ATOM - The Bomb?ATOM has had an enormous recovery surge currently 36% to take price to higher high.
This impulsiveness is a big clue that this coin is ready to have a solid rally good for swing trade as BTC recovers.
However bearish divergence suggests there may be a correction coming first.
ATOM is responsive to the 4H50ma and 4H200ma. If price tags the 50ma area, that will be a suitable entry I think.
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Please note - I am bearish on BTC mid term. This trade is a swing only to capture high volatility in trending end phase. It is risky. A BTC capitulation will destroy this trade. However I think it will be a successful as BTC drifts sideways and up in recovery.
Not advice
ATOM/USDtesting the HTF upper resistance for ATH. Break the sell wall, and this should send.
Entering 3X Long token once i see candle close in LTF above 28.6
ATOMUSDTATOM USDT pair completing the fifth wave to 50$ I expect a correction in ABC waves then another leg up to 2.618 fibs level around 77$,105$
More on ATOM's downfallWe are already printing 1HR candles downward after the bounce and establishment of the new LH (Lower High). DYODD. NFA.
Cosmos is falling back to Earth, Im afraid.The chart says it all. We are on the 15m timeframe and there is a pronunced bear flag inches away from playing out. Looks like it's shorts season! DYODD. NFA.
ATOM could go parabolic from hereATH is within sight with only 1 small resistance point left to clear (black line).
Divergence on the dailyDivergence on the daily RSI, cup and handle pattern, $23 starting to become support.
