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ATOMUSD

Cosmos Hub (ATOM) - June 15hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (ATOMUSDT 1W Chart) Below 7.62 is likely to be a mid- to long-term investment area. Therefore, the key issue is whether it can rise above 7.62 and find support. (1D chart) In the short and medium term, it needs to move above 10.32 and find support to turn into an uptrend. However, careful trading is required as it is expected that the uptrend will continue only when it rises above the uptrend line. Accordingly, it should rise above 17.65. The volume profile section is formed below 4.68. This volume profile section is the source of strength that supports the ATOM coin, so I think that it is a price range that can be purchased by those who want to invest in the medium to long term. However, since the coin market is unstable, it is recommended to check the sideways movement. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
ATOMUSD Divergence on RSI but trade on confirmation*** *** For this particular analysis on COSMOS we are using the ATOMUSDT symbol on the Phemex exchange. *** *** The idea is on the 1D time-frame where Cosmos has been trading under a Lower Highs trend-line since April 03 2022 and the 1D MA50 (blue trend-line) since April 06. The trend remains bearish towards the next Fibonacci levels (2.5 at 6.163 and 3.0 at 4.146) unless the price breaks above the 1D MA50. With the 1D RSI on Higher Lows while the price has been on Lower Lows, i.e. on a Bullish Divergence, it might be the time for that bullish break-out above the 1D MA50, being a similar structure as Nov 20 - Dec 20 2021. In the event of a 1D candle close above the 1D MA50, ATOM should target on the medium-term the 1D MA200 (orange trend-line) which right now sits exactly on the Lower Highs trend-line (dashed line) of the January 17 2022 High. A closing above the 1D MA200 would set the price on long-term bullish territory again. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
3
ATOM/USDT Secondary trend. Medium-term work. Important zoneMain trend—is in a pronounced uptrend (uptrend channel with a large % step). Secondary trend—a pronounced downtrend (purple), the last wave inside the channel. At this point there is an important zone, on which the further price direction trend depends. Everything is shown very accurately (potentially accurately), as in the previous trading idea for this trading pair. ATOM / USD Main trend. A cup. Triangle. 18 This coin on the coinmarketcap: Cosmos Schematically shown on the chart. The formation of a large bullish triangle (the final part) in case of a breakdown of the downtrend (+70% to resistance) and then in case of its breakdown of resistance and the breakout (could also go down from resistance—then it would be a triple top) to the fantastic channel targets. The targets to the main zones were shown on the chart. After all the “tambourine songs” at or near the top of this uptrend—a break-down. Formation of a big “Head and Shoulders”. Targets on the major zones shown on the chart. Main Trend. ATOM/USDT Main Trend. Channel. The important zone. Large scale trading situation now. The foundation of your trading is your trading strategy and risk management based on your experience. Don't try to guess what you don't understand. Don't inherit the majority of participants—market kamikazes (giving back). Try to evolve and toil, gaining relevant experience in what you didn't initially understand. Slowly but surely become better day by day than you were yesterday, leaving behind the “experts” and anonymous “I know for sure” screamers .
by SpartaBTC
2
ATOM/USD 1D. The situation right now on the coin.#ATOM/USD 1D Binance. Updated the coin idea. I made a "global" analysis and described the situation for you. Now I will describe it in text here. Pay attention to the interesting name of the coin - COSMOS (ATOM) . Here is an analogy similar to Terra (Luna). I think everything is clear here. The cosmos is big, the Atom is small (the particle that makes up the Cosmos and our material world as a whole). Hyperlink left the project page in CoinMarketCap. This coin has been in accumulation since 2019 (history from the Binance exchange chart). Accumulation ~ 2 years. After accumulation, an impulse occurred, the distribution began exactly near the accumulation goal (the average distribution price is the exact accumulation goal). Showed on the graph. Also note how clearly the price "respected" (that is, reacted) to this level afterwards (a clear retest when breaking the distribution). I also painted it on the chart. After leaving the accumulation, a large horizontal channel began to form (shown on the chart). Similar to Bitcoin (consolidation/sideways with lower and upper boundaries). After the distribution in this horizontal channel (shown on the chart - Distribution), the price has clearly reached the goal of this distribution (also displayed on the chart). An ascending triangle (rising lows and a flat top) was also formed in this large channel, which was subsequently broken down. If this triangle works out, its goals are shown on the chart. It is also worth noting that from the minimums of the accumulation, an upward trendline (purple) began to form, which was very jewelerishly broken down just when leaving the accumulation. There was a retest of this trendline. All this is shown on the chart. After the breakout and retest of the ascending trendline from the bottom up, a descending trend of the secondary trend began to form (red on the chart, also designated it - the secondary trend line). If there is a breakdown of this trend - a reversal of the secondary trend to an upward one (breakout + the proof of breakout / retest). Now the price is consolidating in a small range at the lower border of the large horizontal channel (possibly a repeat as in the summer of 2021). Pay attention to this point on the chart. The price from the average values of a large accumulation is still at a good profit (now 155% as shown). That is, those who have accumulated are still in the black. Therefore, there is still a place to sell. Also note that the volume gradually began to appear. And what this volume was at the peak of the fall (capitulation). Potential levels from below as well as from above are shown on the chart.
BINANCE:ATOMUSD
by TradingTsar
ATOM/USDT - Short ScenarioHello Traders! After long price distribution in the range of $22.00 - $44.00 ATOM passed to the falling phase. In case of continuation of descending dynamics of market movement it is possible to expect the further movement of price of assets to the following levels of support. For medium-term purchases at the moment there are no comfortable prices. It is better to begin the set of assets after decrease in the price to a zone of interest of buyers $4.50 - $6.35. It is best to place buy orders near the support level of $4.50, it can be price values of $4.20 - $5.00. Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:ATOMUSDShort
by UnknownUnicorn10064030
2