Atomusdt: Buy TIMEHello Traders!
Welcome back to another trade with analyst Aadil1000x.
On Monday, the market was strongly bearish and failed to reverse from the True reversal point multiple times. Today market looks bullish and we are ready to buy atom from the key reversal area.
Atom Buy limit 13.388
Stoploss 13.126(-1.96%)
Target 1, 13.82(+3.2%)
Final Target 14.349(+7.18%)
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ATOUST trade ideas
$ATOM - Cosmos Layer 1 - 50% Potential$ATOM - Cosmos Layer 1 Blockchain - 50% Gains Potential
Developers have built hundreds of blockchain projects on Cosmos, including Binance Chain (BNB), Terra (LUNA), Crypto.com Coin (CRO), Cosmos Hub (ATOM), and more.
On a successful break out of $17, $ATOM has a potenital of 48% Gains,
Aggressive entries only here, will be adding on a clean break out above.
Support Levels - $10.5 ,$12.2
Next resistance - $16.5,$21.3,$25.5
Invalidation clean break below $9.5
ATOMUSDT | BREAKOUT LOADING...ATOM has been formed a rounding bottom pattern.
The price is currently trading near horizontal resistance.
The same zone is also a breakout zone.
The price from last 10 days is trading near the breakout zone and has multiple attempts to break above but failed.
We are expecting a breakout above the zone.
Manage your trades accordingly.
atomusdten:
This chart gives us the scenario of price decline in weekly and daily time frames.
It has also reached the daily timeframe resistance zone and touched the ceiling of the ascending daily timeframe channel.
There are two scenarios for the price drop in the chart.
I prefer the price to penetrate the area first and then see the price decline.
pe:
to time frame haye haftegi va rozane didgah nozooli gheymat ro daram.
va hamchenin be nahiye arze time rozane reside ke entezar vakonesh daram.
v hamchenin be saghf kanal so'oodi rozane va saghf kanal nozooli haftegi reside ke hardo ehtemal rizesho bishtar mikonan.
dota senariyo baraye rizesh mibinam ke shakhsan tarjih midam abteda gheymat be nahiye bala sar nofooz kone va ba'ad shahes rizash gheymat bashim
ATOM: Approaching ResistanceCosmos (ATOM) technical analysis:
Trade setup : Price has bounced off of $8.50 support and broke back above $10 and $12 resistance as well as 200-day moving average. It also made a Higher High, which are all signs of bullish trend reversal. If it breaks above the down trendline, it could revisit $16.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $12.00 (previous resistance), then $10.00. The nearest Resistance Zone is $16.00.
🔥 ATOM Rising Wedge Bullish Break Out SoonOver the last two weeks or so, ATOM has been slightly trading upwards, forming a rising wedge in the process. Rising wedges are classically bearish reversal patterns, but since the market is most definitely bullish, I'm not looking for a bearish entry, but for a bullish one instead.
A patient trader will wait for a confirmed break out through the top resistance of the pattern.
Decided to keep the targets close since it's a bearish pattern, after all. See blue lines.
ATOMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea, setup is valid, waiting my targets.
Entry: market and lower
Target: 15 - 19 - 22 and maybe even ~25
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of setup - consolidation under 6
risk is justified
Good luck everyone!
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It's not financial advice.
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Open to any questions and suggestions.