ATOMUSD trade ideas
ATOM - $51.33ATOM is in a very good accumulation and compression phase. It has been able to hold the support at $17.75 and is trying to break the resistance at $21.17. If it can break this resistance, that would be a good entry point for ATOM with a stop loss below the support of $17.75 (wait for candle closure). Entry points: $21.17 to $17.75.
Flipping $21.17 to support could lead to a move towards $25.72, $28.16, $30.61, $34.09, $38.52 and $51.33.
ATOM is currently trading at $19.13 with a market cap of $4,531,760,062. Its 24 hour trading volume was $776,425,418.
COSMOS Levels Im watchingI'd like to build a position in the green box, derisk/take profits in the red box, and repeat until successful s/r flip of $20. Might be too late, could be ready to break out of this range at any time, but a range is a range until it isn't anymore.
Atomusd not much holding it backIf Atom can break upwards there is not much resistance up to $26. It has already came down and bounced off the $18.36 level. Next key point after break out would be $22.12 and then up to $26. If we do break down $17 would be the next support. Good luck happy trades this is not trading advice
Stay in channelAtom feeling unprecedented sell pressure. If not to stay in this channel, a free fall may be incoming.
ATOM A bout to POP? Potential 200% - 500% ROI!? Whats going on! We are testing the weekly structure and 38% fib as support. On the daily we see a bullish penant and a condle confirmation. All indications of a profitable trade HOWEVER!!!! Setting stop losses and using proper risk per trade prevents emotions like fear and greet. DONT BE YOLO GAMBLING YOUR MONEY! hahaha
ATOM short-term LONG Atom has been consolidating upwards for over a week. It has been building up and testing each higher fib retracement level. RSI also shows bullish momentum. For the time being, you can trade the range, or buy and hold until breakout to the upside.
This is not financial advise. Please do your own research.
ATOM: 23-26 in a day!So, what we can see here:
1. We succesfully closed daily cande above resistance yesterday
2. Today's cande bounced from resistance line and (hope) will succesfully pass this retest
3. We're close to 22 resistance line and we're close to a trend line.
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March, 29 - IBC
DEX - soon
Atom $1000 this year - it's obvious
Atom rising wedge Nice chart, nice FA. Rising wedge expect to channel up to 22 and beyond. Macd crossing soon and volume up.
ATOMUSD - EW analysis - triangle breakout ATOMUSD - It seems that price is breaks out the triangle and going for 5th wave up. Once it takes out 22.144, then it confirm the up move. If takes more time just consolidating without moving higher, then possibly it may go down. The invalidation level is 17.84 and target would be around 27-30 zone.
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