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ATOM (Cosmos) Is It Good Or Bad To Trade...?ATOM (Cosmos) (4H TF) Introduction...!! Developed by the Tendermint team since 2016, Cosmos is a highly forward-looking cross-chain blockchain project that aims to achieve a “blockchain-based internet” based on token transfer and to construct a deeply integrated token economy ecosystem. Cosmos Hub is the first cross-chain hub of the Cosmos ecosystem, and ATOM is the native staking token of Cosmos Hub, which can be used for spam prevention, staking dividends, and community management voting. Technicals....!! Technically Looking Awesome & Little Bit Risky Due To Alts Bad Market.. So Its better to trade with lower risk.. Hit Like for Motivation.. Thanks
Long
by Faibik
3
Tether Fud, India Bans Bitcoin, and $ATOM/Cosmos LaunchWith the recent launch of Atoms on Poloniex, Kraken, Huobi, & others, we have seen some great hype regarding the project. At a .1 cent token price, ICO participants are sitting pretty for the time being. However I think market sentiment and recent news and Tether FUD will be seeing us to sub 5k BTC levels giving us a nice chance for a decent short on a $ATOMS position. India bans Bitcoin is also a nice cherry on top for some DIP. 2 years of lock and there will surely be some people wanting to take profit off the table. With more Atoms to unlock in the upcoming days, expect to see heavy volatility as whales take profit and re-balance portfolios. Targets To Rebuy: .000165 ATOM/BTC .000825 ATOM/BTC .00004125 ATOM/BTC Gl!
Short
by digitalskeletor
3
$ATOM launch - Cosmos is a killer.At a market cap ~800 million Cosmos is grossly over valued for such a fresh project on the market. Interoperability is currently a hot topic, and the project will surely gather attention going forward, however I think that in the short term we'll see a draw down or 2-4x putting us closer at a valuation of ~200 Million (.80~ cents) Will be watching for a break down. Don't expect to catch any knives on this one as I can foresee the POS system working perfectly, sucking enough in to buy before larger players distribute over the coming months of 2019. Coinbase add smells like trouble, and the perfect catalyst for a death spiral down to x2-x3 ICO price, giving those who want a chance to enter fairly, and allowing early players to distribute their coins onto the masses, and move onto the next angel investment. Best of luck trading! -CJC
Short
by cryptojohnconnor