ATOMUSDT
COSMOS-USDTIt looks very good in the short term.
Price is pushing towards the 9.40-9.5 zone. With targets of 11.1 and 12.4.
Above $9 to buy looks good. On a pullback I think the coin is worth picking up. Cancellation of this long scenario consolidation below 7.44, which will be a return to the sideways movement.
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#ATOM / #USDT : Analysishello Traders... Welcome...
As shown in the picture and I explained
- If we have a dynamic look at the chart, the trend of the ascending line has been broken and a pullback has also been done
On the other hand, if we want to check the chart in a different way, we will find that the high and low prices are lower, which means that the downward trend may have started.
- Another point is that the price is now in a very important range ( 8.75 - 8.3 ) . A range that has reacted once in the form of support and once in the form of very strong resistance . And I think this support range will be lost !
So I will enter a sell position right here But for a safer entry, you can enter the trade after this support range is lost and the pullback is done
My bearish scenario is canceled when the price goes above 9.2$
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ATOM/USDT : broke above the S/R zoneBINANCE:ATOMUSDT
Hello everyone 😃
Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it!
$ATOM has broken above the local S/R zone and now it has reached the higher bearish order-block.
With the lower trendline, It's expected for $ATOM to break above the resistance zone and so, It'll be our trigger as a hold above the mentioned resistance zone to locate our Longs...
However, If we get the rejection from the current resistance, Then it'll come with a passive long setup mentioned on the chart!
- The final targets are the same for both scenarios, Same or less.
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Attention: this isn't financial advice we are just trying to help people with their vision.
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@Helical_Trades
Cosmos ATOMUSDT - Elliott Wave (ABC Completed) + POC Support!- ATOM on the weekly scale successfully completed ABC correction, so if you are a bull, you can definitely buy for a longterm.
- VPVR - volume profile acted as a support.
- If we take a look at the MACD indicator, we can see a bullish tick (histogram), which is definitely a good sign too.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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