Good luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
Downtrend began September 2021 and is still in place. Resistance is resistance until broken
Make or break coming up soon for this long-term price support line
An inverted H&S forming after touching the middle line of a relevant channel. I do expect after this formation completes price will break out stunningly. Bullish channel stays intact regardless.
On my chart you can see the previous bottom from last cycle, then price made ATH on 45$, then made pullback -85% and found support level on 6$ and didn't touch the bottom from previous cycle. Next price makes accumulation , swept liquidity from weekly candle, made deviation of trendline channel, made divergence on 1w TF. Also remember there are a lot of projects...
Atom just broken the 470 days trend line and it's about to pump nearly 110 %
One of my favorite alts out there and I'm bullish on it. here are possible scenarios.
Cosmos (ATOM) is positioned for a great move. This is a 3W chart so it will take several months to play out. I'm accumulating below $10.50 preferably any dips to 9.50-9.90 range. My first target is $20 and my second target is $32 dollars. This is not a financial advice please DYOR.
Hi Traders ATOMUSD (4H Timeframe) Waiting for the downward break of 10.68 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 12.11 would cancel the bearish scenario. Trade details Entry: 10.68 Stop loss: 12.11 Take profit 1: 9.79 Take profit 2: 8.35 Score: 4 Strategy: Bearish reversal
The chart analysis of Atom, or Cosmos, presents a visually intricate scenario. On the daily chart, we've recently witnessed the completion of Wave 2. This structurally aligns with a larger 1, 2, 3, 4, 5 wave pattern. This, in turn, is part of a broader five-wave structure. Currently, Cosmos doesn't seem to offer an opportune entry point. I anticipate Atom to...
Not financial advice. This is 3 week chart that ends tomorrow but please note the RSI breaks and how this token moves once breaking the RSI to upside 11.75 is Conservative target with 15-16.00 achievable. Please also note the favorable position of the stoch RSI. Once we broke we had a 71% move as I highlighted. A similar move is 11.75 Dip buying encouraged #PIK...
Support and resistance levels (which are more like zones than lines) for ATOM
Reclaim of key pivot at 10.30 which is also the neckline for the inverted head and shoulders pattern. Take profit is $16.90, stop on daily close below the 50 day EMA.
BINANCEUS:ATOMUSDT Atom has been one of the cleanest charts to trade on key levels alone. Here you have a few historically significant levels and we are approaching one around the 8.7 range. That coupled with the MA200 being at 8.5 right now, I’m picking some up at this level. I would get stopped out as soon as we have a daily close below the MA200.
See my previous idea for SOL, posted that a few weeks before it started flying, now I'm possibly seeing a cup being formed on ATOM, still needs more candles, but has the makings of one. One for the watch list
- Everything is in graph. - Atom stayed strong in this bear market. - Here we stat in cryptos, everything can go fast up and down very fast also. - Adapt your strategy accordingly. - Follow TheKing movements. - Invest what you don't need for living. -------------------------------------------------------- Trade...
In comparison to other altcoins, the price growth of ATOM has been more gradual. The asset has appreciated by 60% over the past month and is currently hovering near the resistance zone of $10.20-$10.58. Notably, ATOM's rise seems quite steady, characterized by regular corrections and pullbacks. This kind of price movement is generally seen as more sustainable than...