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ATOUSD trade ideas

🌌 Cosmos (ATOM) Analysis: A Complex Journey Unfolding! 🚀The chart analysis of Atom, or Cosmos, presents a visually intricate scenario. On the daily chart, we've recently witnessed the completion of Wave 2. This structurally aligns with a larger 1, 2, 3, 4, 5 wave pattern. This, in turn, is part of a broader five-wave structure. Currently, Cosmos doesn't seem to offer an opportune entry point. I anticipate Atom to complete Wave 3, reaching approximately $13.50, and subsequently forming Wave 4. Once weakness appears in Wave 3, signaling a potential Wave 4, I'll issue a limit order. As of now, entering this trade doesn't seem favorable due to elevated risk. Stay tuned for potential entry opportunities. 🌌🚀
BINANCE:ATOMUSDLong
by stromm_by_wmc
Cosmos Simple Trade- Everything is in graph. - Atom stayed strong in this bear market. - Here we stat in cryptos, everything can go fast up and down very fast also. - Adapt your strategy accordingly. - Follow TheKing movements. - Invest what you don't need for living. -------------------------------------------------------- Trade Setup -------------------------------------------------------- - Buy Breakout : 14$+ - Buy Retracement : 10$ish ( 25% of your invest ) - Buy Bottom : 5$ish ( add 75% more invest ) TP : Before 20$ - SL : 4$ -------------------------------------------------------- - Stay Safe - Happy Tr4Ding !
KRAKEN:ATOMUSDLong
by thecryer
2
Cosmos Hub (ATOM) Primary FocusIn comparison to other altcoins, the price growth of ATOM has been more gradual. The asset has appreciated by 60% over the past month and is currently hovering near the resistance zone of $10.20-$10.58. Notably, ATOM's rise seems quite steady, characterized by regular corrections and pullbacks. This kind of price movement is generally seen as more sustainable than a rapid, short-term spike. The continuation of growth and reaching new highs are the current focus. Once the present resistance range is breached, buyers could set their sights on the next resistance levels at $11.0 and $11.5. As the new year approaches, we might witness an accelerated rise to the $15.4 level, marking the asset's annual high that hasn’t been tested for over 10 months. A local correction in ATOM could see the asset drop to the $9.57 level. Below this, there is a support zone ranging from $8.62 to $9.13, and a buyer’s level at $8.15. These marks present appealing opportunities for opening long positions.
BINANCE:ATOMUSD.PLong
by DEXWireNews