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Cosmosusd

Anytime Moon for CosmosThere are now hundreds of different blockchain networks in existence, but very few of them can communicate with each other. Cosmos is a project aiming to solve this problem of interloperability between blockchains. The Cosmos team finally launched their much awaited Inter Blockchain Communication (IBC) protocol on 29 March of this year. IBC is essentially a communication protocol that permits blockchains to connect to one another. The blockchains that are IBC compatible can transfer their tokens to the Cosmos hub as well as allow ATOM to be transferred to these other blockchains. ATOM is the native currency of the Cosmos ecosystem. Cosmos has been working on making its infrastructure uncomplicated to use. To achieve this, the Cosmos software development kit focuses on modularity. This allows a network to be easily built using chunks of code already in existence. The aim is to be the most trusted intermediary. The founders of ATOM created Cosmos SDK and Tendermint BFT. Cosmos SDK helps in blockchain development by providing a modular toolkit for building base infrastructure and Tendermint is one of the modules enabling secure communication between blockchains. There could be increased demand on the horizon to use the IBC protocol especially for all of those networks that have built with the Cosmos SDK or use the Tendermint Consensus Protocol including Crypto.com, Terra, Kava, Band Protocol, Injective Protocol and last but not least the Binance Smart Chain. Furthermore Cosmos has built a link between Ethereum and the Cosmos ecosystem via their Ethereum 'Peg Zone'. This development will see the seamless transfer of ERC20 tokens and Ethereum between the Ethereum chain and all of the above mentioned IBC connected networks. Cosmos is a relatively undervalued Ethereum 2.0 diversification hedge. The project is ranked #31 in market capitalization. According to Coinmarketcap: Circulating Supply 210,716,506 ATOM / Total Supply 268,501,109 ATOM / Max Supply No Data. The price of ATOM exploded in January of this year and hit an all time high of $28.32 (CoinGecko) on 15 April. We have seen a 28% fall from space in the price since then and ATOM is trading at $20.41 today. ATOM is camped at a flattening 50 SMA but a rising 100 SMA offers more support at $17.21. I took a position on 15 March at $19.39. You can stake your ATOM for a generous 9.88% APY. This can be done directly on Exodus Wallet. ATOM can be purchased on Coinbase PRO, Binance etc www.coingecko.com This may be a good time to dip your pluto in the water.
KRAKEN:ATOMUSDLong
by rzinho
1
Cosmos ATOM Prepare For SellOffThe crypto market is living its last bubble days. The prices do not reflect any fundamentals. Cryptos are pure retail investments gambling at this point. Cosmos ATOM Market Cap $4,549,314,695 vs Biggest German Bank, Deutsche Bank 23.864B Market Cap Moderna - saves the world from Covid-19 - 69.146B Market Cap Ebay - Market Cap 42.174B FORD - 42.174B MARKET CAP When you buy stocks of a company you own a part of it, you have the right to vote changes in the company and you receive dividends. When you buy crypto you own nothing! You buy thinking that at some point another person will be willing to pay more than you on that piece of nothing. If you want to own the BUY and SELL indicator in the chart, that can prevent you from the big crypto selloff, just leave me a message for a 7 day trial.
KRAKEN:ATOMUSDShort
by BuySellMarketMaker
1
ATOM 1D A strong impulse will be soonThe previous idea published 2 months ago, worked out well directly to our target. A low was $4.20 with the forecasted fall of ATOMUSDT from $5.70 to the range of $4.30-4.40. And this is -25%. It's time to update the $ATOM picture and refresh our thoughts. Now there is a consolidation before a further strong impulse. The trading delta suggests that there is more sales in consolidation than purchase s. As a result, the ATOM price fall is more likely. Buyers will struggle to defend $4.50-4.70 because there is no liquidity below this range to slow down the price down. If sellers break the defense, the downside impulse will be strong. The first level from which more or less decent bounce can be expected will be $3.31. If Bitcoin can update ATH and definitely fix there, then it could give confidence to altcoins buyers. Then the battles between ATOM buyers and sellers will move to the zone of $6. The winner will get everything: either a $7.30 flight or a strong and prolonged fall. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
6
ATOM.USDT (Y20.P4.E1).waiting for the pullback rally to endHi All, As per the chart, the crypto market cap is looking bearish even though we are having this rally. It seems while the US dollar (DXY) is dropping and the stocks are going up (SP500), crypto total market cap is not doing anything. This can obviously change quickly but listening to some more experienced traders, they are looking at Bitcoin and the ALTs are going to do a deeper correction. NOTE: Gold is dropping and silver, with a bounce today \ currently now. The question is how much will GOLD\SILVER bounce and pull crypto with it. For now, I have Cosmos \ ATOM playing this path out. If it goes above the threshold I have at 6.42, then I will revisit my thoughts by looking across a number of items, that is SP500\GOLD\Bitcoin. Thanks and please give me a tick or like for this post. Cheers, S.SAri DAILY chart, still bullish or upward pressure
Long
by ssari
COSMOS: $3 Short --> $5+ Long PotentialFirst off I may have a conflict of interest, please don't take anything I say seriously and as always, this is on an opinion basis. That being said, Cosmos seems to be stable in terms of price correlations as opposed to many other cryptocurrencies and competing altcoins in the market. Also, looking at a short target, a $3 price seems quite imminent with low risk, and it does have the potential for wider adaption, so likely a $5 long is a decent prediction.
COINBASE:ATOMUSDShort
by gamer456148
ATOMUSDT formed BAT | A good long opportunityPriceline of Cosmos (ATOM) has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. Lets have a look on the move of price action to see how perfect this pattern is driven: After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci (here I have ignored very minor difference) and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move. As per Fibonacci sequence method we can set our targets as below: Buy between: $4.073 to $4.034 Sell between: $4.166 to $4.306 So this very short term 4hr chart is giving a good long opportunity for day traders. Regards, Atif Akbar (moon333) The harmonic moves analysis involves hours of hard work and determination however the success of harmonic trading in fiat and cryptocurrencies is around 80% therefore it is always important that you follow any stop loss strategy while trading harmonic patterns I have also shared a stop loss idea in this article, the information in this article is for educational purpose only this is not an investment advice, I have tried my best to catch the harmonic moves as per predefined classical harmonic BAT pattern if you find any flaw or you have any suggestion feel free to share with me in comments section.
Long
by moon333
ATOM - COSMOS NEED TO COOL OFFAtom has textbook leading diagonal on 12HR timeframe. 5th wave of leading diagonal little short for trendline but its ok. It is technical point because 0.5 fibonacci retracement at bigger picture. Waiting to pull back $3.25 - $2.9 area. After that i will update this idea as buy opportunity. $2.65 will be my invalidation point to go long. Process could take more than a couple of weeks. Stay tuned for updates. Follow, like and share for more. Thanks. Also i was right about vechain correction. And got more than %40 short. You can see here;
Short
by ShinjiOsako
COSMOS (ATOM) Mid-term Support & Resistance zonesHi, ATOM community! Today I’m going to analyze mid-term trading set up for Cosmos. We should consider 3 keypoints moments here: 1) Price action near Support Zone 1 shows us little divergence between price and RSI chart. We can see that bears haven’t met much buy power pushing price to support 1 2) Price locked in 3.5$ - 4.2$ zone. I’m expecting sideways until any good news appear to break Resistance 2 3) In the case of positive news/social sentiment, the price could reach Resistance 3 pretty fast For me, interesting entry points would be 3.4$ or after breaking 4.2$ resistance (which will become support zone eventually) If you are seasoned scalper, you can try to trade above-mentioned range. Your comments are appreciated. Thanks for reading
by Dr_Bull_Green