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ATOM

ATOM Cosmos Bearish Pennant PatternIn its recent case against Binance, the SEC introduced 10 cryptocurrencies into the securities classification: BNB (BNB), Binance USD (BUSD), Solana (SOL), Cardano (ADA), Polygon (MATIC), Cosmos (ATOM), The Sandbox (SAND), Decentraland (MANA), Axie Infinity (AXS) and COTI (COTI). A bearish pennant is a technical chart pattern that typically occurs during a downward trend in a financial market. It is characterized by a small symmetrical triangle formation, with converging trendlines that resemble a pennant shape. This pattern suggests a temporary pause or consolidation in the price movement before a potential continuation of the downtrend. When a bearish pennant pattern breaks down, it means that the price has moved below the lower trendline, signaling a potential resumption of the downtrend. This breakdown is considered a bearish signal and may indicate further downward price movement in the near term. Traders and investors often monitor bearish pennants and their breakdowns as potential opportunities to initiate or add to short positions or to manage existing bearish trades. My price Target for ATOM is $5.60. Looking forward to read your opinion about it.
Short
by TopgOptions
ATOMUSDT at monthly support, likley to head towards 13.5-14.7So this is high time frame analysis. The price is trading around monthly support MS1. It has tapped this support several times in past few weeks and every time the price has bounce to the upside although with diminishing degree. Still, it is likely that the price will make a larger move to the upside. It is possible that the price dips into this monthly support and breaches it briefly but even in that case I am not expecting it to go below the 8.84 level marked on the chart. But my bet would be that this monthly support holds and the price move upward from this support. The first target should be monthly resistance MR1. Other resistance levels are also marked on the chart.
Long
by angela_altair
atomusdt (cosmos) are you rdy?🧨😉Atom currency From the volume point of view, the price to volume ratio is low, the purchase volume is high, so it can be said that the banks are making high purchases, but from the point of view of the bank price, it has not yet reached the desired price of the banks. The price of banks to buy this currency is 18% lower than the current price. So what we are seeing is that the price should first see $8.577, then the best entry target to enter this currency is this price so that we are ready for the upward targets. The first target is $14,660 and the second target is $16,793
by ManochehrAzar
ATOMUSDT.1DHello dear friends, *Mars Signals Team wishes you high profits* This is a time frame analysis for ATOMUSDT.1D We are in the day. As you can see, the price is fluctuating in a neutral trend. And our support zone has been able to support the price several times and move towards our first resistance zone. We have specified the desired scenarios with a guide arrow. We have to wait from which side the price starts to break. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
Long
by MarsSignals
ATOM - strong accumulation zone before space flight!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Another interesting coin! The first thing to note is that the asset price has been in accumulation for a long time for about 377 days, which is most often accompanied by a strong impulse when a major player appears. Technical: the price is testing the trend line, which is currently a temporary support ($10.360). Everything seems to be good, but it is embarrassing that the pressure to the tread line is confusing, which can lead to a slight correction, as it was recently in bitcoin. So far, I haven’t made any trading decisions on the coin, I want to watch for some more time, if suddenly there is a rebound without correction (from current values), then I will buy on the breakdown of the global countertrend double (5% of the deposit), and the first target will be $ 17.2 last local high. But if suddenly the buyer cannot hold the support (trend line) and we see a correction below the current values, then the first area of interest will be $9.1-9.5. For now, I'm just waiting and watching the schedule.
Long
by DanilBlinkov
1
COSMOS #Intraday longThe accumulation of large cluster volumes in this consolidation, in the next test of the zone 11, there is a chance to go higher and break up. What will coincide with the breakdown of the downtrend (the book writes it is necessary to take). I will buy at breakdown, stops will probably be removed under 10.5 and the more distant one under 10.2. Target according to the marking levels. Support for the author of the subscription ✅ and rocket start 🚀. Good luck and profit to all.
Long
by Kirill_Gaitan