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Cosmos

ATOM-USDT trading plan RSI and OBV showed good reaction to the bullish trendline. Also, the price formed a descending wedge. A close above the red line, which is the daily pivot, and also breaking the wedge to the upside would be good signals to enter to this trade. You can take some profit at WRH level, but I only have one TP around $55 Don't enter to a trade without having these three factors: 𝟏- 𝐄𝐧𝐭𝐫𝐲 𝐭𝐫𝐢𝐠𝐠𝐞𝐫 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐲𝐨𝐮𝐫 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝟐- 𝐈𝐝𝐞𝐧𝐭𝐢𝐟𝐲𝐢𝐧𝐠 𝐭𝐡𝐞 𝐢𝐧𝐯𝐚𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐥𝐞𝐯𝐞𝐥 (𝐬𝐭𝐨𝐩 𝐥𝐨𝐬𝐬) 𝟑- 𝐘𝐨𝐮𝐫 𝐓𝐏(𝐬)
Long
by Mrcryptotracker
ATOM Getting Ready for a Run-Up Recently ATOM had a modest breakout as you can see in the chart. It broke out of its descending triangle structure. After that I did run up to around 43ish, stopping short at a resistance level of its previous highs at around 44. Now, in the chart you can also see that moving averages have been acting as support and resistance. For instance, the 20 day MA (yellow line) as a resistance before the aforementioned breakout. The price was touching the line and got rejected. However, recently the 20 and 50 day MA have both acted as a support level for the price. From that, I consider ATOM to still be in a bullish momentum phase. With this recent correction I used the opportunity to increase my position. I suspect a larger run-up quite soon. This is only my opinion, not financial advice. Have a good day, trade with caution! PS. I would like to hear your opinion on this in the comments
COINBASE:ATOMUSDLong
by memberis
4
ATOM long time awaited momentum here finallyCosmos/ATOM is the most undervalued platform out of the large caps. It also has the most upward potential. Many do not realize how many other coins/platforms rely on the cosmos infrastructure.. As an example, the entire binance/bnb ecosystem is built on top of atom. That is just one example, I highly suggest you check out the other coins that are built on top of atom, and the list is exhaustive and extremely impressive. This bull run I look for atom to outperform many other large-cap coins as well as take its rightful place on the charts. The fundamentals on atom are the best that I have seen in the entire crypto universe.
COINBASE:ATOMUSDLong
by tosha407
4