ATOUST trade ideas
Cosmos (ATOM) formed bullish Gartley for upto 13% pumpHi dear friends, hope you are well and welcome to the new update on Cosmos (ATOM) coin.
Previously I shared a long-term trade setup for ATOM, which is still in play as below:
On a 4-hr time frame, ATOM has formed a bullish Gartley move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ATOMUSDT - 12h timeframeI have entered into a long position in Atom as I believe that wave 2 on the 12-hour timeframe is soon to be completed. This gives me reason to believe that wave 3 will soon follow, which I plan to ride in order to profit from the price increase.
It's important to note that the Elliott Wave Theory is not a guaranteed predictor of market trends, and conditions can always change. However, I believe that the current market conditions suggest that Atom is poised for a price increase, and I am confident in my decision to enter this long position.
As always, it's important to closely monitor market conditions and adjust your position accordingly. However, I am optimistic about the potential for profit in this long position and am excited to see how it develops.
BINANCE:ATOMUSDTPERP
Long Entries:
11.52
10.95
9.79
TP Levels currently only ideas and not finally planned:
18.83
26.37
ATOMUSDT is forming the pennantATOMUSDT has recently tested the 0.618 Fibonacci level inside a descending channel . The fact that the price tested this level suggests that there may be some support at this level, which could potentially lead to a price reversal.
Currently, the price is forming a pennant pattern below the 4-hour supply level . A pennant pattern is a technical analysis pattern that usually forms after a strong price movement and consists of a series of lower highs and higher lows, converging towards a point. This pattern typically signals a continuation of the previous trend after a breakout from the pattern.
Therefore, if the price breaks out above the pennant pattern and the 4-hour supply level , it could be a signal for traders to go long on the asset. However, it's important to follow Plancton's confirmation rules before taking any trading action.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Bitcoin is in bull-market already after the retesting 19.5kBitcoin price will soar up to all time highs after a bull-trap heading to 29.7k and retest 25.2k if it doesn't just plummet from black swan events .
Please be careful while trading.
ATOM: Resistance BreakoutCosmos (ATOM) technical analysis:
Trade setup : Price broke back above down trendline and 200-day moving average, which is bullish and could revisit $16 level. Note that it made a Higher Low, which is also a sign of Uptrend. Upside to $16.
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $12.00, then $10.00. The nearest Resistance Zone is $16.00.
ATOM Idea: The price will rise to the trend line. Then a bearish triple top pattern will form and the price will fall to the $11 zone
An Entry ModelStill yet to fully backtest, Once the market has made a CHOCH to create a new High. Market then comes back to sweep the Liquidities behind the internal low. Sometimes it come to mitigate an OB and that low becomes an Inducement
ATOM/USDTIn my opinion, it is accumulating to break the dynamic resistance. Bitcoin will suffer for a few days and it is the best time for altcoins to rise.
ATOM - To the top of the Monthly RangeI can see ATOM pushing towards $16 although top of the range is around $17
This is valid if ETH/BTC makes a push to the upside which would then equal to an alt rally at least during the weekend, the FOMC will be a good trigger for either the upside or downside depending on what they decide.
ATOM - Weekly SFPreasoning: Weekly closed as SFP
confirmation: On Thursday hourly structure accepted Monday High which increases the probability of upside expansion from here
Draw: Atom has clean highs as draw
ATOM: The Crypto Catalyst Set to Shake the Market!I have found that simplicity often leads to success, which is why I have approached the analysis of ATOM with a straightforward mindset.
I'm eager to hear your thoughts and opinions on this matter, as I believe that open discussion and collaboration can lead to innovative solutions.
Moreover, I strongly believe that the strategy of thinking simply can be applied to all aspects of our lives, not just in the realm of cryptocurrency. By cutting through the noise and focusing on the essential elements, we can achieve greater clarity and make more informed decisions.
So, what are your thoughts on the benefits of simplicity in both cryptocurrency analysis and everyday life? Let's discuss and explore this concept further.
What is you target for ATOM?
✅TS ❕ ATOMUSD: descending channel✅✅ ATOM is moving in a downtrend.
The price chart has returned to the downtrend channel.
The asset will continue to decline. ✅
🚀 SELL scenario: short to 11.55. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
$ATOM LOOOOOOOOONGTime to long atom after this little correction
You can long it with a x5 leverage.
atom usdt 4h chartatom usdt 4h chart
2 different scenarios showed bye blue arrows
its really depend on btc but we can find good entry for both short and long at 1h and 30min timeframe
good confluence zone at trend line with ema21 and support zone
🚨 ATOM: IMPORTANT LEVELS!The last deals on this coin were unsuccessful, so be careful!
Orange lines are support levels.
Red lines are important resistance levels.
I go long from the orange lines with RR2 and 0.5% risk.
ATOM: long if bounces backAnother requested TA: ATOM.
So I'm trying to mix a bit of SMC (the concepts I know) and classic retail trading (trendlines, volume etc...).
In this case retail trading suggests a long opportunity in case of retest of the breakout trendiline ends up in a bounce back. However the SMC requires a "spring", an inducement and the creation of a FVG to take a long in account. Mixing the two things, assuming I'm doing it right, it should be somethink like that I drawed on the chart.
On weekly it would make sense:
I suggest to use a wide SL so maybe don't use big amounts if you follow this set up. I've set an alert in case the trendline will be touched
Good luck
short ATOM$ATOM bouncing off the resistance level and the descending trendline. Decline to support level at 10.64$ is possible.
AtomUsdt LongDay 3
Depo - 16 $
Lev - 30x
Entry - 12.08
Stop - 11.85
Take 1 {25%} - 12.814
TP - 15.272
ATOM - Bounce zone standing groundWe had a breakdown attempt inside the yellow bounce area, but bulls reacted and brought price back above the gray trendline.
I am bullish on ATOM while we stay above $10
ATOM/USD - Non-trending / Ranging MarketATOM/USD is ranging on 1 hour chart right now. Expecting resistance level R2 to break and price to continue to R3 resistance level.
