LUNA/USD Weekly TA Cautiously BullishLUNA/USD Weekly cautiously bullish. Recommended ratio: 85% LUNA, 15% cash. Price is currently in the process of reclaiming the uptrend line from July 2021 (a close above $100 this week would accomplish this and give confirmation to go ALL IN). Volume remains very low and is on track for a fourth consecutive week of shrinkage, hinting that an impending breakout or breakdown is due. Parabolic SAR flips bearish at $48. RSI is currently trending up at 67 after breaking out above 64.56 resistance; the next resistance is at the descending trendline from February 2021 (75). Stochastic remains bullish and is currently trending up at 58; the next resistance is at 66.26. MACD remains bullish and is currently trending up at 13.5 as it approaches a test of 14.09 minor resistance. ADX is beginning to trend up at 36 as Price continues to appreciate, this is bullish. If Price is able to close this week above $100, it will likely retest the upper trendline of the ascending channel from March 2021 at $125 before potentially testing $150. However, if Price closes below $100, it will likely confirm a more pronounced Double Top that will have Price retest $87.51 minor support. Mental Stop Loss: (once close below) $97.88.
Cosmos
LUNA/USD Daily TA Cautiously BullishLUNA/USD Daily TA cautiously bullish. Recommended ratio: 80% LUNA, 20% cash. Minor Cup and Handle watch. Price is currently testing the ATH at $106.15 and briefly surpassed it, if it is able to close above it in today's session this would be a time to go ALL IN (due to Price Discovery). Volume remains very low but has increased in the previous two days and is on track for four consecutive days of buyer dominance. Parabolic SAR flips bearish at $85. RSI is currently trending up at 67 after surging past 60.13 resistance, the next resistance is at 74.26. Stochastic remains bullish and is trending up at 82 after surging past 69.86 resistance; the next resistance is at Max Top (100.68). MACD is currently crossing over bullish at 5.05 resistance turned support (for the first day since 03/13/22). ADX is currently trending up at 30 as Price continues to surge higher, this is bullish. If Price is able to close above $106.15, the next likely target is $125 (Ascending Triangle breakout target) before potentially hitting the Cup and Handle breakout target of $155. However, if Price is rejected here, it will likely consolidate at around $100 before attempting another move higher. Mental Stop Loss: (one close below) $92.88.
Buying and Selling Area for ATOM For holders and patient traders,
let's buy the green areas (gradually)
let's sell the red areas (gradually)
If you are a good trader you don't FOMO,
you don't fear neither greed;
you just buy the dips and sell the ATH
Cosmos (ATOM) Clone LTC. Local downstream channel. Double bottomLocal downstream channel. In the global, a double bottom of 230% can form.
Coin - bonanza. The real project. More than 130 trading pairs on different exchanges! Listing on all top exchanges. Liquidity. The ability to work long and short with an acceptable shoulder.
Market entry
There is no good entry point right now. Coins can be traded both long and short. You can work with shoulders on margin.
Entrance to long / short from the potential reversal zone indicated by me.
Target
All target on the chart.
Stop Loss
Who uses them in their trading strategy. Under key support levels during your entry into the market.
Downward movement is all taken from the trend reversal zone.
Former trading idea with a detailed description and an example of work on LTC / USD.
ATOM / BTC Uptrend 4 month. Channel. Analogy with LTC / USD
Breakdown of an uptrend line and a potential trend reversal zone on a downtrend.
The price drop from the pivot zone is currently 54%.
ATOM / USD Main trend. A cup. Triangle. 18The chart shows the main trend of a cryptocurrency like ATOM against USD. A cup with great potential has formed. Now, after the breakdown of the resistance of the cup, a rollback is taking place and the same huge symmetrical triangle is being formed. Entering the side of a breakout on a breakout or pullback.
If there is a breakout downward, a downward channel will form which will act as a handle to the Cup and Handle formation.
If this triangle is broken upwards - working out first the targets of the triangle and in the course of the trend and cup targets. One of the few trading tools worthy of attention among the thousands of menageries of the crypto "scam of faith".
This cryptocurrency is suitable for accumulating large positions and as a result of positional trading or just banal investment (my article in 2018 "Active Hold").
I have been trading this cryptocurrency for over a year. My trading ideas are published on this site for trading this pair, secured under the description. See for yourself the accuracy of the forecasts. I trade in two pairs against USD and BTC, using the difference in cycles in these pairs.
I am very pleased with the work. Compound interest works wonders. The main thing is to be able to wait and be flexible in work, working in two directions. An revision will most likely bypass this cryptocurrency, but it will quite possibly give an excellent opportunity to purchase.
I wish all smart people a big profit in the market, as well as patience and understanding of future events.
Cosmos (ATOM TOKEN) wait breakoutCosmos (ATOM TOKEN) wait breakout before buy!! Margin 2% stop Spot 5% stop. Here we go : )
ATOM looks poised for breakoutDisclaimer: New to TA, please provide comments/critiques/agreement in comments! BINANCE:ATOMUSDT
Looks like atom has been getting compressed into shorter microtrends. I think we are at a point where it could either climb up quickly w/ ongoing volume or dip below lower trendline and begin a descent. Will be watching closely and making a small purchase prior to expected breakout. ATOM has been my favorite crypto for a long time now so might contain a little bias
Scalp long on ATOMLet's see if this plays out. Trade setup as show, will update once bids are filled. Supply/ demand. Bounced from strong support ~$26 now looking to sell near next big resistance at ~32.
$DOT starting to outperform $ATOMDOTUSD appears to beginning some outperformance compared to one of its peers, ATOMUSD. They are both interoperability tokens that have similar goals and functions. I would personally put them in the same group, but correct me if I'm off base.
On a 6 month basis, ATOM has outperformed DOT by a significant amount over the past 6 months depending on your point of reference.
ATOM has a market cap of roughly $8 billion. DOT has a market cap of roughly $29.5 billion.
If this recent outperformance by DOT continues, it could began to catch up to its peer, which has really been putting the petal to the metal over the last six months. Could be DOTUSD's turn for some sustained outperformance.
Long-term view of ATOM's outperformance over the last 6 months.
ATOM formed cypher for upto 28% profit rallyHi dear friends, hope you are well and welcome to the new trade setup of Cosmos (ATOM) coin with BTC pair.
Previously we had a nice harmonic trade of ATOM:
Now on a 4-hr time frame, ATOM formed bullish Cypher pattern. At the moment, after the completion of the final leg, the priceline is moved slightly up. Therefore, we need to wait for a little correction to buy it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Retest for ATOM?Seems like a falling wedge and this retest is giving a long hope for ATOM. Let's see how it plays out!
Cosmos longCosmos bounced off the ascending trendline. Asset bounced off the support area. Bullish movement to resistance level at 29 is expected to happen.
ATOM - showing signs of strengthATOM is the native coin of the COSMOS ecosystem. Mainly used for governance and staking, it is set to gain better value accrual this 2022. Mainly bullish on the coin due to 1) superfluid staking 2) interchain security 3) NFT marketplace 4) airdrops 5) EVMOS launch. Many of which will increase transaction count. Should value accrual be done right this time, alongside the hype with LUNA as the IBC ecosystem, we could be seeing a good increase in value. Technicals wise, we will analyze the possible move based on fibonacci pulled from the swing low in Jun 2021 and Swing high in Sept 2021. You can learn more about how to use the fibonacci retracement tool here . The recent bounce off the 0.382 fib and break of brearish trendline makes ATOM a potentially good trade
Trading plan - 3 scenarios
Very bullish -30%
Currently sitting at a price of $30 on 27/2, this would be the DCA price you have, selling at the 0.786 fib at $36 for repeated 20% gains. The fib was an old resistance which ATOM has retraced constantly from to the 0.618 levels at $30. You could then take profits at ATH at $44, wait for a retrace till $36 again to load up. Upper targets are 36, 44, 67 and 104, with the 1st week of April being the projected end of trading time frame. Levels are possibly visited once volume kicks in and IBC narrative is pushed forth. TLDR - sell on upper fibs, rebuy on fib retracements at lower levels or retest of ATH after it has been broken (some people might not get filled due to front running once ATH is broken)
Conservative bullish - 40%
Quite a normal behaviour based on the timeline of price action we see in ATOM + suspected delay of any of the above stated protocols. Here, we would expect a retracement towards $24 (retest of bearish trendline) to $26 (0.5 fib levels). DCAing at this range or slightly below 0.5 fib level would be key. Constantly selling above 0.618 fib levels ($30) could provide 16-20% gains as well, but remember to rebuy in at 0.618 levels if a new bullish trendline support is formed.. Upper targets are 36 and then ATH at 44 and then possibly 48-55 (10% rule past break of ATH, middle value between 45 and the 1.618 fib extension)
Bearish - 30%
Due to heavy bearish macrofactors. scam weekend pump, or delayed ecosystem launches, selling volume may spike and ATOM may see a retracement back to $21 (lower 0.382 fib) as stoplosses get hit and cascade of sells occur. I would then expect to see a reattempt to break out of the trendline, only to be rejected. If a breakout occurs but brearish stance remains, it would be good to add to the shorts near upper fib lines $26 (0.5 fib levels). TLDR - short on breakdown and then retest of bearish trendline, and also short on retracement to upper fibs. Lower targets are 21.7, 17.1, 16.3
Am generally more bullish due to lower selling volume as well as high selling volume bringing down price lesser. Due to volatile macroeconomics, if you are trading on platforms, be sure that it offers spot and perps like Bybit . it would be better to stay in spot rather than be trading perps/futures to prevent liquidation. Remember to set a stop loss to have a good sleep
long on ATOM$ATOM is bouncing off the strong support level. Bullish movement to resistance level at 33.7$ is likely to happen.
ATOM is copying BTC but...we can observe that the priceaction has respected the blue dotted trendline for quite a while, almost a year. A rupture would almost certainly cause bleeding at least up to $11, which is quite far away. The opposite case sees the break of the high green trendline and the conquest of new peaks.
Based on what happens do your job.
Cherish the volatilityTake what is offered, I guess. Do use stop loss as this can turn down equally quickly.
This move should basically mirror what is expected from BTCUSD today.
long on SCRTRetest of the broken descending trendline on $SCRT confirmed the breakout by bouncing off with the huge volume spike. Bullish movement is expected to continue and reach the resistance at 5,7$
Rune Long@RUNE is breaking through the descending trendline and the resistance level. In case of daily candle close above the resistance, bullish movement to 8,4$ is possible
COSMOS Daily TA : 03.10.22 : $ATOMLet's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.MAR.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
ATOM BUY R:R 1:12.75Another leg up? Let's see what happens with BTC - we are due some temporary relief
Rising wedgePossible downward breakout after this forming reversal rising wedge in the 4hour chart of Atom
$RUNE long$RUNE bounced off the ascending trendline and the support level. Bullish movement to resistance level at 6$ is likely to happen.
ATOM/USDT TA: 22.3.7ATOM in the high time frame is in a trading range with a ceiling in the range of 42.6-44.7$ and a floor in the range of 20-21.2$
It is currently moving towards support 26$, which could rise to 33$ if supported.
In case of loss of support, it can go down to the trading floor, ie the range of 21$
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 7.Mar.22
⚠️(DYOR)
❤️ If you apperciate my work , Please LIKE and COMMENT , It Keeps me motivated to do better❤️
