ATOMUSDTATOMUSDT is looking strong for bullish setup. ATOMUSDT is repeating the same pattern over and over again. Currently the price is getting support from 9.5 region. if this level holds , it will be nice buying option.
ATOUSD trade ideas
TRADE ALERT - LONG ATOMTraders,
Atom dropped from it’s ascending channel and soon afterwards found strong support at the top of the triangle for a classic retest of previous resisntance/now support. A break below this and we should be looking for exit points. I have set mine at approx. $8.50. Target is the June 4th body high at around $10.75
Position = ATOM
Direction = long
Entry = 9.28
Stop Loss = approx. $8.50
Take Profit(s) = 10.75+
Risk/Reward = 2/1
Leverage = NONE
Profit Potential = 16%+
Stew
✴️ Cosmos 8X Leverage Full Numbers (Adults Only)Full numbers for the ATOMUSD/ATOMUSDT trading pair.
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LONG ATOMUSD
Leverage: 8X
Buy-in: $8.970 - $9.400
Targets:
1) $10.50
2) $11.85
3) $13.25
4) $15.00
5) $16.70
6) $20.00
7) $24.85
Stop-loss: Close daily below $8.700
Potential profits: 1328%
Capital allocation: 3%
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This is not financial advice.
Remember leveraged trading is high risk and for experienced traders only.
Trade at your own risk.
Namaste.
Cosmos: Roll up your sleeves… 👏… and get to work! From the low of wave ii in magenta, Cosmos has already started a strong upwards movement, but there is still much to be done. We expect the altcoin to make it above the resistance at $15.81 to complete wave iii in magenta, whose top should be developed around $25. However, there is a 42% chance that Cosmos could lose its strength and drop below the support at $5.54 instead. In that case, we would reckon with the new low of wave alt.II in white first before a sustainable ascent can begin.
Ascending Channel Pattern Suggests Potential Price ReversalATOMUSDT Trade Setup: Ascending Channel Pattern Suggests Potential Price Reversal
Introduction:
In this article, we will analyze the current trading pattern of ATOMUSDT on the daily time frame. ATOMUSDT has been trading within an ascending channel pattern, with the price recently undergoing consolidation from June 10th to June 20th. However, the price is currently facing rejection near the trendline resistance. Based on the Smart Money Concept, there is a possibility that the price may hit another pivot level marked at $8.264. The trade setup suggests an entry at $9.470, with a target set at $8.264 and a stop loss at $9.720. Let's delve into the details of this trade setup.
Technical Analysis:
ATOMUSDT is currently trading within an ascending channel pattern on the daily time frame. The recent consolidation from June 10th to June 20th indicates a period of indecision and accumulation. However, the price is now encountering resistance near the trendline, suggesting a potential price reversal.
Trade Setup:
Entry: Based on the Smart Money Concept, we can consider entering a short position at $9.470, considering the rejection near the trendline resistance. This entry point aligns with the expectation of a price reversal from the current levels.
Target: Our target for this trade setup is set at $8.264, representing a significant downside potential from the entry level. This target reflects the anticipated price movement towards the marked pivot level.
Stop Loss: To effectively manage risk, it is recommended to set a stop loss at $9.720. Placing the stop loss above the entry level can help protect against potential upside risks.
Timeframe and Confirmation:
Given that our analysis is based on the daily time frame, it is crucial to monitor the price action for confirmation of the anticipated price reversal. Traders should watch for a decisive move below the current resistance area, accompanied by increased selling volume and sustained bearish price action. Once the reversal is confirmed, we expect the price to move towards the target of $8.264. The timeframe for this trade setup may vary, but it is anticipated to unfold within a few days or weeks, considering the historical price patterns and the potential momentum from the reversal.
Conclusion:
ATOMUSDT is currently trading within an ascending channel pattern on the daily time frame. While the price has recently undergone consolidation, it is facing rejection near the trendline resistance, indicating a potential price reversal. Based on the Smart Money Concept, a trade setup suggests an entry at $9.470, with a target set at $8.264 and a stop loss at $9.720. Traders should exercise caution, closely monitor the price action for confirmation of the reversal, and adjust their trading strategies accordingly.
$ATOM W pattern on W ChartInteresting pattern on the W chart from ATOM COINBASE:ATOMUSD July will be a good month to trade
DYOR
ATOM/USDT HEAD AND SHOULDERS ATOM/USDT with HEAD AND SHOULDERS pattern on 1h/4h TF
looking for around 4% movement
Short position
TP: 8.80$
ATOM Bullish View!If COINBASE:ATOMUSD finds support in this area, it could be a good buying opportunity with a good risk-reward ratio.
ATOMUSD Channel Down bottom rebound with immediate target $10.Cosmos / ATOMUSD is rebounding after almost reaching the bottom of the long term Channel Up.
This rebound is being fuelled by an enormously oversold 1day RSI.
Buy and target the 1day MA50 and dashed trendline at 10.00 short term.
If the price closes over Resistance A (11.00), buy again and target Resistance B (13.00) on the medium term.
Follow us, like the idea and leave a comment below!!
Falling wedge playing out COINBASE:ATOMUSD
Since February a falling wedge has appeared in the ATOM price. It is contained inside a neutral wedge, so it could have been both. Since yesterday the falling wedge becomes more clear. Volume is also declining, which is why the falling wedge could be considered bullish.
ATOM moves with in an upward channel still, which is invalidated when the price goes below $10.18. So far it's fine.
RSI indicates a slight rise, while prices are falling on the daily chart. This could be considered a bullish divergence.
ATOM has a strong community, and recent developments (Neutron, Stride) is not priced in imho.
The current economic situation makes me nervous and ATOM is not having a lot of press coverage at the moment. For that reason I remain cautious and would expect a furth drop to $10.18 first before a recovery to $14 would be possible.
No financial advice.
ATOM Looks AMAZINGATOM looks like a BUY here.
Broke out of resistance and landed on support.
Doesnt get any better than this.
ATOMUSD (1H) - Bearish breakoutHi Traders
ATOMUSD (1H Timeframe)
The market is in a downtrend, and we are waiting for an entry signal to go SHORT below the 9.33 support level. Only the upward break of 9.64 would cancel the bearish scenario.
Trade details
Entry: 9.33
Stop loss: 9.64
Take profit 1: 9.14
Take profit 2: 8.83
Score: 8
Strategy: Bearish breakout
Bearish Pennant Bearish pennant on the monthly has been in formation for some time now. I expect atom to retrace down to the $6-8 range.
ATOMUSD: Holding Support Above 0.786 RetraceAfter crashing below it and bottoming at the 0.886, ATOM has come back above the 0.786 and is Double Bottoming while Bullishly Diverging above a local trendline. If this action holds firm then I think it can see $22-$44.
W10-34 ATOM BULLISH IDEAPotential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of double bottom coupled with bullish divergence (Bullish reversal pattern)
Entry, SL & TP Levels are defined.
ATOMUSD looks very bullish ATOMUSD broke the downsloping resistance line and it's pumping now.
If we get any pullback, it will be a great buying opportunity.
17 $ is the target for longs.
take profit level: 15,39
Good luck
Patience/Conviction holding/buying $ATOM right now(LONG)been watching this Inverse h&s pattern forming over the last several months. I hear Inverse H&S patterns usually happen on a reversal. Well, we been bearish for a long time, so maybe the trend is reversing and this pattern will confirm so and thus start of a bullrun on ATOM?
Left shoulder formed(Sept.-Oct.). Head Formed(Nov-Jan). Right shoulder(Feb-Now) is looking over halfway formed right about now, neckline still in tact.... pattern should be validated once price gets over $13.50- HKEX:14 area. should breakout to the 20$ zone if validated.
invalidated if price drops below HKEX:9
ATOMUSD Yes, alot of coins and cryptos are bearish but we all waiting on investing and holding the long positions when we get the chance. Here's the level I'm waiting for to get a long.
ATOM - Choose your poisonUptrend on monthly; broke its monthly downtrend with last month’s close. If it keeps holding the uptrend, we see $15 and higher; break the uptrend, and go back to $ 7 and possibly $ 2.
If you are longing here, aim for a 3-6 month trade at least.
ATOM/USDT BUY LONG🟢ATOM/USDT LONG 🟢
Entry price - 11.20$
Take Profit- 12.60$
Stop Loss- 10.80$
Stop loss importent
#btc #BTC #BITCOIN #ATOM
W9-9 ATOM BEARISH IDEA (DOUBLE TOP)Potential Bearish Entry
Dow Theory In Place - Lower High and Lower Low Expected in Place
Formation of double Top coupled with bearish divergence (Bearish reversal pattern)
Bullish Trend Is Still Intact. (careful for your levels)
SL & TP Levels are defined.
ATOMUSD - Bullish Trend - 1H TFBased on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) showing divergence is synced currently. I recommend taking a long trade with a risk/reward ratio of 1:1
Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
