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🚨 Trade Update: ATOM/USDT (3-5x)🚨 Trade Update: ATOM/USDT (3-5x) 📈 Long Entry: 8.73 - 10.02 OTE (Optimal Trade Entry): 9.46 SL: 8.12 B/E Move: When it moves close to TP2 TPs: Short Term: 10.20 - 10.40 - 10.70 - 11 - 11.40 Mid Term: 12 - 13 - 14.5 - 16 - 18 - 19.65 **Disclaimer: Past profits do not guarantee future results. Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis. EDK FORUM TRADING®
Long
by GISTRADINGLLC
ATOM Cosmos and the Altcoin Season ThesisThe recent developments in the cryptocurrency market, particularly the favorable court ruling for Ripple Labs, signal an optimistic start to a new altcoin season. With the federal judge ruling that some of Ripple's sales of the XRP token do not fully meet the definition of a securities offering, it instills confidence in the altcoin space. This ruling brings clarity to the regulatory landscape and alleviates concerns surrounding XRP, leading to major cryptocurrency exchanges, including Coinbase, relisting the token. The reintroduction of XRP to these platforms demonstrates growing acceptance and renewed interest in this altcoin. The anticipation surrounding the approval of a spot bitcoin ETF in the United States adds to the positive sentiment in the market. The successful launch of a previously approved ETF in Europe further reinforces the upward trend for altcoins. The recent court ruling that declared XRP as not a security sets a precedent that could potentially benefit other cryptocurrencies currently classified as securities by the SEC. In the SEC's case against Binance, they designated 10 cryptocurrencies, including BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI, as securities. Additionally, in the SEC's lawsuit against Coinbase, they named 13 cryptocurrencies, reinforcing their stance on SOL, ADA, MATIC, SAND, and AXS, and adding CHZ, FLOW, ICP, NEAR, VGX, and NEXO to the list. This development showcases the increasing institutional acceptance of cryptocurrencies and creates a ripple effect across the market, providing a boost for various altcoins, including ATOM Cosmos, for which my price target is $11.15. Looking forward to read your opinion about it!
Long
by TopgOptions
SasanSeifi 💁‍♂️ATOM👉1D ⏩ 10.20$❗Hey there, 🔱In the daily timeframe chart, You can see that after a drop, the price has been bouncing back with some positive movement from the $8.50 range. And then, it found support again at around $8.50 after a small correction. Right now, it's trading around $9.40. Here's a scenario to consider: if the $8.50 support level holds, we might see the price grow towards the important resistance level at $10 / $10.20 and create a new high. To understand the next move better, let's see how the price reacts to those resistance levels! 🔹Just keep these scenarios in mind as you analyze the market. Remember, things can always change unexpectedly, so stay flexible in your trading approach. Wishing you loads of success in your trading adventures, my friend!✌️ ❎ (DYOR)...⚠️⚜️ 🔹Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! 🔹And if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you! 🙌
by SasanSeifi
ATOM/USDT 4H Interval ReviewHello everyone, I invite you to review the ATOM chart in pair to USDT, like its predecessor on the four-hour interval. First, we will use the blue lines to mark the downtrend channel in which the price is moving. Going further, we can move on to selecting support places, for this we will use the trend based fib extension tool. And here we will mark a significant support zone from $8.16 to $6.91, however, when the zone does not hold the price, we can see a drop around the second very strong zone from $5.90 to $4.91. Looking the other way, we see that the price is moving towards an important resistance zone from $10.54 to $11.37. If it manages to break out of this zone upwards, the price will move towards a strong resistance at $12.56 and further to the resistance at $14.05. Please look at the CHOP index, which indicates that the energy for the moment is used, the MACD indicates that we are moving in a local downtrend, while the RSI has a significant rebound to the lower part of the range, which may give a change in the trend in the coming hours.
by cryptodailyuk
The key is whether it can rise with support from 9.603-9.999Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ATOMUSDT chart) Looking at the 1D chart, A rise above 9.603 indicates that the CCI indicator has exited the oversold zone. Accordingly, the key is whether it can rise with support around 9.603-9.999. If it rises above 9.999, 1st: 11.992-12.881 2nd: 14.319-15.083 Split selling is possible when resistance is received in the first and second sections above. However, it is expected that a full-fledged upward trend will begin only when it rises above 14.319. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
4
ATOMUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 13 - 16 - 20 after first target reached move ur stop to breakeven Stop: 5.7 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 5 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
2
Big blast in AtomHello Traders! Welcome back to another trade with analyst Aadil1000x. This is going to be a crazy fall as it has left a point at 6.5, which will be tested, and this is the perfect time for that move. In a small timeframe, there is resistance and there is a breakout but the market will form a reversal pattern and will dump hard. Atom Short Now @ 6.581 Stoploss 9.989(-4.19%) Target 1, 8.319(+13.1%) Final Target 6.50(+32.03%) Don't forget to hit the like button and follow to stay connected.
Short
by Aadil1000x
2
ATOM/USDT inside the trend! Hey traders 👋 ATOM coin is next that caught our attention here! Trading inside the uptrend (which is still not fully formed as we need 3 zone touched on each side). Currently price rejected the crossover of RSI and also the 200EMA line showing us the weakness it has currently. We are not rushing here and waiting for further confirmations, but overall picture should be clear here! 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.
Short
by SwallowPremium
7