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Cosmos / TetherUS PERPETUAL CONTRACT

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ATOMUSDT.P trade ideas

ATOM/USDT In a Perfect Position to Rebound From Support 👀🚀💎Attention, Paradisers! The trading landscape for #ATOMUSDT is heating up and you don't want to miss out on what could be a golden opportunity to catch the bullish reversal. 💎Right now, Cosmos is moving towards a pivotal support level of $7.58, a make-or-break point that could lead to significant gains. If this level Stays steady then NASDAQ:ATOM can see a strong upward push soon and target the resistance levels that we've identified as key targets. 💎However, there's a twist. If Cosmos fails to hold this $7.58 line and slips below it could lead to a possible continued decline. The next critical area to watch is the $7.25 demand zone. This area is a proven battleground that has shown strong buying activity in the past, thanks to the solid backing by market liquidity. 💎If #ATOM revisits this $7.25 zone, it's crucial for it to bounce back to avoid a deeper slide. If it fails to rebound, the downward spiral could intensify, dragging down sentiment and possibly leading to further price drops. This is a crucial moment, and acting swiftly could mean the difference between riding a wave of profits or watching from the sidelines. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
5
ATOM/USDT 4HInterval Chart ReviewI invite you to review the chart of ATOM in pair to USDT, on a four-hour interval. Let's start by identifying the upward trend channel in which the price is approaching the lower border using the blue lines. After unfolding the trend based fib extension net and using the fib retracement net, we can determine the support at the level of $8.28, then support is visible at the price of $7.91, and then we have a strong support zone from $7.72 - $7.24 $. Looking the other way, you can see the first resistance at $9.19, then significant resistance at the upper border of the channel at $9.63, the next resistance at $9.93 and the next resistance at $10.35. When we look at the RSi and STOCH indicators, we will see a move below the downtrend line, now we need to wait for the move to break above this line.
by cryptodailyuk
ATOM: Channel Down BreakoutTrade setup: Price broke below 200-day moving average, which is a sign of Downtrend. Near-term, however, it broke from a Channel Down pattern. With complete patterns (i.e. a breakout) – initiate a trade when the price breaks through the channel’s trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8. Trend: Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI < 45 (Bearish). Support and Resistance: Nearest Support Zone is $7.50, then $6.30. The nearest Resistance Zone is $9.00 (previous support), then $10.60, and $12.50.
Long
by altFINS
Alikze »» ATOM | The trigger pullback is brokenIn the daily and weekly time, it went through a complex mixed cycle that grew up to the $45 range, after which a three-wave correction was supported until the bottom of the channel, after which it finally exited the medium-term ascending channel with an ascending wave X. . But currently, with the support in the blue box and with the failure of the dynamic trigger, this pullback will be the box, which will have the ability to break the supply area, and this growth can touch the specified areas. If the box loses its blue color, the movement scenario should be re-checked and updated. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️ »»»«««»»»«««»»»«««
Long
by alikze