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ATO

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ATOUSD trade ideas

📊#ATOM may drop according to the smiley face structure📉➡️This is a smiley face structure that I am very familiar with, so we set the market trap in advance and successfully hunted 200%+ yield.💥 Since we failed to break out of the resistance zone and formed a smiley bear structure, and also broke the uptrend line and inflection point, I judged that we would continue to move lower.📉 ⚠️Note that if our short defense is breached, it means that the short structure is broken, which means that we may continue to move higher.📈 Let's see👀 🔔If you also want to improve your trading skills, then you can find Wolf king 💌and we will set up traps for hunting together.🕳💰🍻
BINANCE:ATOMUSD.PShort
by wolf_king888
📊#ATOM short defense has been breached ❌double top has failed❌🧠It is a pity that the market did not develop in the expected direction, but chose to break the short defense point, which means that the short structure has been broken and will continue to be bullish in the later stage📈 Let's see if we can achieve our goal👀☕️ 🔔If you think my analysis is useful to you, please don't forget to "like" me.✔️💯💪🍻 💕 Follow me so you don't miss out on any signals and analyze 💯
BINANCE:ATOMUSD.PLong
by wolf_king888
📊#ATOM has a potential double-top structure, be careful do long🧠We have formed a double top bearish structure in the resistance zone, so it is not recommended that you continue to chase up, if the short defense point is broken, you can light position chase up.🐾 ➡️If the bull defense point is broken, then we will continue to adjust with high probability.📉 Let's see👀 🔔If you think my analysis is useful to you, please don't forget to "like" me.✔️💯💪🍻 💕 Follow me so you don't miss out on any signals and analyze 💯
BINANCE:ATOMUSD.PShort
by wolf_king888
COSMOSUSD Elliott wave intraday count 4H TFWatching for evidences wave ((2)) ended 6.772. A clear break of 7.069 pivot will be a good evidence to continue up. Also we may have another low if price break 6.722 as wave ((a)) has not reached 1:1 ratio with wave ((c)). If break it we are expecting to bounce into the 1:1 ratio ((a)) vs ((c)) where we have 0.764 fib retracement of wave 1 and the bottom line of the channel. Future updates will be posted as updates to this count. Daily intraday updates on 1H and 4H time frame, don`t miss them!! Good luck!
COINBASE:ATOMUSD
by Cross10XSignals
Cosmos Under Bear Claw Plans Reversal?Long-Term Downtrend: ATOM is currently in a falling channel pattern. 50-day EMA Barrier: ATOM faces constant rejections from the 50-day EMA. Price Target: The asset is eyeing the $6.50 mark. Uptober Uncertainty: Despite high expectations, the market has been slow to rally. Pattern of Lower Highs: The daily chart shows prominent lower high formations. Double Top Formation: Peaks are forming at the declining 50-day EMA. Today's Price: ATOM is trading at $6.626 with a -1.13% intraday move. Death Cross: The 50 and 200-day EMAs indicate a long-term downtrend. RSI Status: The daily RSI has crossed below the halfway line. Bullish Reversal?: Chances are slim but a reversal from $6.40 is possible. Dynamic Resistance: The 50-day EMA is a significant barrier. Support Zones: Key support levels are at $6.25 and $6.
COINBASE:ATOMUSD
by Coinpedia-Market-Insight
ATOM obstacles aheadHaving received over a 200% bounce of the it's previous floor, going from $5.54 in June 2022 to its top at almost $17.00 in September 2022, ATOM's price action has been bleeding out for over a year. From its past high last September, ATOM continues to make lower highs and lower lows. I think it is safe to say that ATOM faces many obstacles ahead with appreciating price action considering the fundamental issues regarding the greater crypto landscape and having recently been rejected off the 50 SMA using the daily time frame along with failing to break through ATOM's current trend line of resistance which has been holding strong since January. A small positive is that the selling pressure represented on the lower section of the cart looks to be be weaker and weaker over the long term but that needs to be accompanied by buying pressure... so take that with a grain of salt. The tech is GREAT and in that regards I am extremely bullish when it comes to the Cosmos ecosystem, just not so much the ATOM chart. Happy trading and be safe !
COINBASE:ATOMUSDShort
by Block10
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