💡Don't miss the great buy opportunity in ATOMUSD @cosmosTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (27.14).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ATOMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 30.62
TP2= @ 33.20
TP3= @ 37.16
TP4= @ 42.10
TP5= @ 44.54
SL= Break below S2
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ATOMUSD
ATOM/USD - Major BREAKOUT! ATOM above $30 soon! 🚀ATOM broke the downtrend and today it continued to move higher, similar in some way to Luna's price action.
This means ATOM is ready for a higher valuation and buying a retrace/retest of previous levels is likely to give good returns.
The first key resistance is found at $30 and is likely for ATOM to break that if this momentum continues.
The resistance levels after that are found at $33 and $36.
Let's see how high this can go, indicators are all bullish. So a perfect set-up for a long. ;)
Bias is bullish.
Like and follow if you liked my idea!
ATOM - Inverse cup and handle, shot it with the strategyBYBIT:ATOMUSDT
4H trend chart
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ATOM is building a possible inverse cup and handle pattern.
If this 4H candle can break out the support level($25.335), trading strategy as bleow.
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Profit Targets:
a) 23.845~23.24----Fib(1.272~1.382)
b) 22.595~----Fib(1.5)
c) 21.945~----Fib(1.618)
Stop losses:
a) 27.280----Red horizontal ray
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ATOMUSDinitial stop set
target 29-30 to sell half
move stop to entry
sell another half at 35
trail the rest
ATOM Cosmos might not be bullishPrice has been rejected by the 4H 200ema and the ascending channel resistance. In a longer term downward channel. Currently a pullback to $29 is envisioned. If price bonce and the market is bullish again, Atom will reach previous highs again. If not it will continue it's downward path.
ATOM can reach 85$ in mid Term🟡Chart is speaking it self!
COSMOS/TETHERUS
🌳What Is Cosmos (ATOM)?
In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.
The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.
Cosmos’ origins can be dated back to 2014, when Tendermint, a core contributor to the network, was founded. In 2016, a white paper for Cosmos was published — and a token sale was held the following year. ATOM tokens are earned through a hybrid proof-of-stake algorithm, and they help to keep the Cosmos Hub, the project’s flagship blockchain, secure. This cryptocurrency also has a role in the network’s governance.
Are bulls back in the game ?Atom soars after a strong BTC rally, what does the chart tells us ?
We broke the short term level that blocked prices : low of the 4h Cloud and Daily Tenkan. A positive news, BUT we still have some things to do before being bullish again!
Two main targets to break for having bulls with us :
On short term : we're blocked by the $31.3 resistance. Both Daily Tenkan and 4h SSB are blocking the way : strong resistance.
By breaking this resistance, we can expect to go back to the long term resistance : Daily SSB, at $32.5 this long flat is, in my opinion, the biggest resistance on our way to 37$ area.
Note that BTC is back above its Daily Kijun, the #1 Crypto could lead the way for a few days, before leaving Alts alone, for another bullrun, maybe ? :)
Let's wait and see how the weekend will be.
What do you have in mind friends? :D
💥ATOM FORECAST - TO HIT NEW ALL TIME HIGH🚀Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
Right here is a weekly chart with price is an ascending triangle.
A successful close above the resistance region at $44 is will take price to a new ATH.
If the trend will continue, the Best Buy zone to bag more cosmos is within $24 & $28.
What do you think?
Share your opinion in the comment section✍️
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Happy Trading💰🥳🤗
ATOM: Bull Flag PT $31ATOM has been weaker than it was relatively to last week but I think that is about to pivot back to strength. ATOM retraced from the ATH back to the 0.5 line which is a very healthy retrace to occur and usually signals the end of a bearish trend before a rise higher (albeit within context of BTC rising/stable).
ATOM has produced a bull flag with a PT to $31 - the high volume suggests this is an authentic breakout attempt
ATOM/USDT Already did 95% profit and again ready to Buy zone#ATOM/USDT
$ATOM hit our Perfect target and Did 95% profit from our entry.
Now you can see Exactly rejected from resistance level.
Now..?
I am expecting $20-$22 buy area.
And if break $44 resistance then we can see again another Massive upward move.
Most Important:-
Best Buying zone will be $21-$24
If hold $20 support.
Below $20 strong support It will be convert in Bear zone.
So Don’t do gambling.
Support:- $20
Resistance:- $44