Get started

ATOMUSDT

ATOM broke out? Let's see.Hello, dear TradingView members. This is an ATOM idea. ATOM was moving inside an ascending channel for a long time and had noises below and above the channel a few times. But this time, as you can see on the chart, it received strong support from the lower band of the channel and pumped out of the upper band. It is now rejected by the first resistance level but still maintains its position outside the channel. We have two possible scenarios in front of us. Scenario One: The price will stay above the channel; after confirmation, it will pump back up to retest resistance levels. Scenario Two: The price will lose strength and fall back inside the channel, which gets rejected by the upper band and continues inside the channel. RSI is in the oversold area, so the price has room to go down. Now let's see your ideas. Let's have a discussion. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
11
Restarting the cycleATOM has been pumped, and it has been dumped. Capitulation event has passed, allowing market maker to restart the cycle. One cool thing about "second class" cryptos like ATOM is that they don't even pretend that they are not manipulating the market, they just do it and they make it straight up obvious on the chart. The goal is always to remain attractive to traders with an offer such as this setup. Anything it takes to keep up the high volume and remain at the "top of CMC ranking". That is what brings in the retail money and pays for the entire show. What is going on now is that the price is kept in this channel as market maker tries to paint it to look as bullish as possible. Expecting the violent move up to $18 as it brakes out of the channel. Pump will likely start as BTCUSD brakes out and starts moving fast. Stop loss if it closes a candle under the channel.
Long
by Owcheew8
ATOM Target $25 Hello everyone, today i'm going analysis ATOM/USDT on Daily time frame. 1)First we can clearly see ATOM strong Bounce from $6 to $12, its mean Downtrend is broken and now we are Uptrend cycle. 2)In chart we formed Ascending Triangle pattern,we have diagonal Support line and horizontal Resistance level at $12 approximately. 3)Now price squeezing in Ascending Triangle and price can breakout from $12 at any moment,so for clear breakout price must close behind Ascending Triangle approximately at $15 with good Volume. 4)We also will using Ribbon trend indicator,we can clearly see price above Ribbon line its mean we are now in momentum. 5)MACD oscillator is above Histogram 0 line its Bullish and also we have Bullish cross. i'm will happy if this analysis will help you
by odbashWizard
ATOMUSDTHello Crypto Lovers, Mars Signals team wishes you high profits. This is a one-day-time frame analysis for ATOMUSDT In the current chart, there is S2 that used to be resistance line. R2 used to be a support area. R1 is our resistance area that expresses the disability of the price to rise. And S1 and S3 are the support areas which S1 resembles the 4-hour support line. At the present, we have the price fluctuating below R1 and we predict a little rise to reach the mentioned line like its past trend. At this point, if we receive some rising signs, an increase is expected for the price over R1 or even toward R2. Also it is probable that the price loses the support here and have a decline to lower amounts. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
by MarsSignals
2