ATOM in daily hi every one
as you can see atom is under dynamic resistance and Divergence is clear in the chart ,
anyway , we have 2 scenario but i think better one is short, we will have a good drop in the market and atom will follow too, use proper risk managment and make your decision, short is best position for this week
ATOMUSDT
ATOM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!Hello, welcome to this ATOM/USD update by CRYPTO SANDERS.
CHART ANALYSIS:-Cosmos (ATOM) was another notable mover in today’s session, with the token climbing for a second straight day.
Following a low of $13.15 on Tuesday, ATOM/USD moved to a peak of $13.84 earlier in the day.
Wednesday’s rally saw the cosmos move above a ceiling at $13.50, nearing its highest point since November 8 in the process.
Whilst this resistance level was broken, the 14-day RSI was approaching one of its own at 66.00.
As of writing, the index is tracking at 61.77, after it bounced from a support point at 58.00
Should this ceiling at 66.00 be hit, it is likely that ATOM could be trading above the $14.00 mark.
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atomusdtWe have a strong supply zone around $14.1 to $14.75.
Considering the weakening of the upward trend of this currency and macroeconomic data such as the determination of the interest rate by the Federal Reserve in the remaining hours of the day, I expect the price to rise to around $14.3 and then drop to around $12.5
Atom analysisWhat Is Cosmos (ATOM)?
In a nutshell, Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain industry. It aims to offer an antidote to “slow, expensive, unscalable and environmentally harmful” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains.
Atomusdt: Buy TIMEHello Traders!
Welcome back to another trade with analyst Aadil1000x.
On Monday, the market was strongly bearish and failed to reverse from the True reversal point multiple times. Today market looks bullish and we are ready to buy atom from the key reversal area.
Atom Buy limit 13.388
Stoploss 13.126(-1.96%)
Target 1, 13.82(+3.2%)
Final Target 14.349(+7.18%)
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$ATOM - Cosmos Layer 1 - 50% Potential$ATOM - Cosmos Layer 1 Blockchain - 50% Gains Potential
Developers have built hundreds of blockchain projects on Cosmos, including Binance Chain (BNB), Terra (LUNA), Crypto.com Coin (CRO), Cosmos Hub (ATOM), and more.
On a successful break out of $17, $ATOM has a potenital of 48% Gains,
Aggressive entries only here, will be adding on a clean break out above.
Support Levels - $10.5 ,$12.2
Next resistance - $16.5,$21.3,$25.5
Invalidation clean break below $9.5
ATOM: Approaching ResistanceCosmos (ATOM) technical analysis:
Trade setup : Price has bounced off of $8.50 support and broke back above $10 and $12 resistance as well as 200-day moving average. It also made a Higher High, which are all signs of bullish trend reversal. If it breaks above the down trendline, it could revisit $16.
Trend : Uptrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish).
Support and Resistance : Nearest Support Zone is $12.00 (previous resistance), then $10.00. The nearest Resistance Zone is $16.00.
ATOMUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart. (update)
Nothing has changed from my last idea, setup is valid, waiting my targets.
Entry: market and lower
Target: 15 - 19 - 22 and maybe even ~25
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of setup - consolidation under 6
risk is justified
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Atom is bearishIf we look at 4 hours and 1-day chart we have two opportunities. It can be bullish if it holds its value above 13.414 which seems impossible right now. The triangle pattern even if it's 4 hr or 1 day we see it bearish. Atom will accumulate its value between 8.46-9.6.
ATOMUSDT: Are Cosmos & Altcoins Reversal Coming soon?Hello, Fellow Cryptocurrencies Trader/Investor!
Price Action Analysis
ATOMUSDT is moving above EMA90, indicating a bullish trend. The Breakout of Descending Broadening Wedge Pattern suggests a Medium-term upside movement. MACD Indicator made a golden cross, signifying a possible upside movement to the target area.
Other Technical Drives
U.S. Dollar Bearish Bias Still Prevails!
All other explanations are presented on the chart.
The roadmap will be invalid after reaching the target/support area.
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the ATOMUSDT"
WILL BINANCE DELIST EFFECT ATOM?Binance has announced that it will delist ATOM from its spot trading platform on January 27th, 2023. . we look at the short-term frame of what could change.
Holders of ATOM on Binance's spot trading platform have two options: they can either transfer their coins to a different wallet or sell them. The latter option may have an impact on the price action of ATOM. However, it is important to note that there are no guarantees on how the market will react, and it's important to consider all possibilities
The news is just new and not older than 1H.
When the same happened before at the beam, we did see a huge breakdown of over 30%
but still, this does not mean it should happen the same, this idea is only to get watch the trend.
ATOM Looking Bullish!KUCOIN:ATOMUSDT
ATOM is formed in a build up. Waiting for igniting trigger to open position.
On breakdown can short to possible pullback on LTF and wait for another move higher in direction of trend.
Bitcoin is trying to hold support and will guide direction.
Many earnings this week so be prepared to be more patient.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.