Cosmos Is Looking For A Bigger RecoveryCosmos is looking for a bigger recovery from Elliott wave perspective.
Cryptocurrency Cosmos with ticker ATOMUSD has already found the strong support already back in June 2022, when we noticed a completed higher degree wave (C) of a three-wave (A)-(B)-(C) correction from all-time highs. Since then, we can see it forming a nice bullish setup formation with impulsive first leg A/1 from the lows, followed by a complex (W)-(X)-(Y) corrective pullback in B/2. If we are on the right path, then wave C or 3 could be already in progress at the beginning of 2023, at least up to 20 area for wave C, if not even higher towards 30 area for wave 3, especially if breaks above channel resistance line and 16 region.
All the best in 2023!
Cosmos
ATOM FORMING ANOTHER LOWER HIGH - BEARISHAs you can see $ATOM #COSMOS is forming a new LOWER HIGH & RSI is in extreme overbought territory.
This is not how bull runs begin.
Almoust every other altcoin has same pattern, aswell as #BITCOIN. The market has to correct to get more fuel to rise higher.
Earnings season is estimated for TradFi to be bad compared to previous year. If SPX corrects, crypto will follow.
Fundamentaly $ATOM is the strongest crypto project in our view, but macro view and TA makes us think we're ready for correction.
Maybe no new lows will be made, but due to extreme overbought levels in RSI price needs to correct a bit.
Cosmos ATOM price "tasty" to buy for medium and long termThe ATOMUSDT price has been moving in a beautiful trade channel for the last 3 years.
Now ATOMUSD price has entered the liquidity zone of $8.00-9.50 and is also near the bottom of the channel.
Well, it looks like the $8.00-9.50 liquidity zone is not a bad place to place grid orders to buy ATOM on a likely falling.
Medium-term growth prospects for Cosmos token - $20-26
Recall that tomorrow and the day after tomorrow, increased volatility is expected in all markets and especially in the crypto market.
After all, on 13.12 the US Consumer Price Index (CPI) will be updated, and on 14.12 the Federal Reserve will announce a new US Fed funds rate (forecast +0.5%)
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approaching the high volatility zoneHello?
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(ATOMBTC 1W chart)
I think one of the coins that are ranked high by market cap but not getting the attention is the ATOM coin.
If the price continues to rise above 0.0006 508, which is an important volume profile point, it is expected to release upward force.
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(ATOMUSDT 1W Chart)
I think the 11.992-15.083 section is the last resistance section to continue the upward trend from a mid- to long-term and investment perspective.
As such, it is currently in a price range that is burdensome to trade.
(1D chart)
The key is whether the price can sustain it by moving above the downtrend line (1) and above 12.881.
However, the 12.881-15.083 section is composed of HA-High, and there is a possibility of large volatility when it rises above 12.881.
Therefore, it is a section that should be divided and sold to those who already hold it.
A new buy point is possible when we see support around 15.083, but we do not recommend it.
The reason is that this coin market rise is expected to end in a short period of time.
The basis for such judgment lies in the decline of BTC dominance.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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Cosmos ATOM will find it’s bottom at this level!Hello, my friends!
As I told you many times all cryptomarket will show us the last stage of the bear market. ATOM is not the exception. Cosmos is a funamentally strong project and if you believe in it’s bright future I will share with you the price levels where I am going to purchase it.
ATOMUSDT has the clear Elliott waves structure. Waves 1, 2 and 3 have been printed. Wave 4, as I consider has been also finished at $17 and I don’t think that the price will reach this level only in the next bull run. This price level perfectly coincides with the 0.38 Fibonacci retracement. This is an ordinary wave’s 4 target.
Now ATOM is in wave 5, but where is the final bottom target. I have some difficulties with it’s defining using trading chaos approach, because it has the negative value. In this case I use the liquidity collection approach. I can see the greatest liquidity pool at the $3-$3.3 area. I suppose that price with 90% probability reach this levels. We should see the divergence on the Awesome Oscillator on the 3D time frame to make sure that the bear market is finished. Let’s see what will happen!
Best regards, Ivan
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ATOM: Approaching ResistanceCosmos (ATOM) technical analysis:
Trade setup : Price has bounced off of $8.50 support and broke back above $10 resistance, however another resistance looms ahead: 200-day moving average at $11. If it breaks above that, it would make a Higher High and signal trend reversal to Uptrend.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $8.50. The nearest Resistance Zone is $10.00 (previous support), then $12.50.
ATOMUSDT Short Trading Idea with Easy Invalidation.ATOM Short Trading Setup.
What I'm Looking In this Trade:
H4 Retest of key level 9.5 to fill previous vector candle.
Starting to DCA from 9.447 following next bid at 9.615 just incase fake pump or scam wick.
Confirmation to setup will be hard rejection at 9.615 with H4 Closing near 9.5
Hence, Its an easy invalidation to setup and reward is 4x time grater than risk.
ATOMBTC looks bearish (57 % dump likely) ATOMBTC has been in a very well-defined downtrend from January 2022.
A temporary horizontal support has held , however the price remains under downsloping resistance and overall the structure is very bearish as it's been creating only lower highs and lower lows.
We expect downtrend to continue for a while therefore 57 % dump is likely for ATOMBTC. After that it makes sense to flip bullish on this pair.
In August 2022 we published analysis where we expect a huge drop for a whole crypto market:
So far, this idea is playing out as expected and we believe that the final capitulation is coming which would trigger a 50%+ dump on ATOMBTC as well.
Don't miss opportunity for Short position COSMOShello guys
we have a very good opportunity for BTC long position
If it stabilizes below the trend line, it can be expected to fall to the specified range
all you need to know is in the chart
good luck
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✴️ Cosmos Potential For Recovery | $27 Possible On HHWhat do we have here?
Why recover and why now?
The potential for Cosmos (ATOMUSDT) to recover is shown by a repeating pattern as well as other signals that we will look at together.
Let's start with the high bearish volume in early November.
This is the US mid-term election / FTX crash / Uranus planetary transit 🤪...
This period had very strong volume, lots of bear pressure but ATOMUSDT remains trading within a higher low compared to mid-June 2022.
We can also appreciate the current price trading above the 0.786 Fib. retracement level.
As trading volume drops, there is possibility for the bullish trend to resume.
Higher lows can lead to higher highs.
This would set the next target at $27 but initially $15.5 would be the main resistance.
CAUTION
- There is still no bull/green volume.
- Prices remain trading below EMA10.
These are just early signals because nothing has been confirmed.
There is potential for a recovery here but it can continue dropping before the next jump.
Please keep that part in mind.
We are early as usual... Confirmation is yet to come.
Namaste.
ATOMEUR 'D' - Sat on Support? Or a Drop Incoming?Crypto Tipster v2 sent us a Sell signal on Atom / Eur on the daily chart, and it has proved itself to be quite a reliable indicator with Atom recently! Should we follow this signal? The current price does seem to be sat on nice little ledge of support, but if this was to break down the next support isn't until after a near 30% drop - that could prove to be quite a trade! Keep your stops tight on this one if you do decide to trade, and aim for at least a 20% drop.
Short-term downtrend turning point 9.603Hello?
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(ATOMBTC 1W chart)
If the price holds above 0.0005 440, we see it gaining momentum.
So, if it falls below 0.0005 440, I would expect a short-term downtrend.
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(ATOMUSDT 1W Chart)
The key is whether it can rise above 12.887 with support in the 8.060-9.603 section.
(1D chart)
It's a matter of being able to keep up with 9.603 or higher.
If not, I expect it to turn into a short-term downtrend.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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🔥✅ATOM IS GOING TO MAKE +40% AFTER THE FALSE BREAKOUT❗🔥 Hi friends! ATOM is a highly volatile altcoin. What could be better than volatility for traders? But there are no huge pumps since the FTX crash.
✅ I can assume that after this false breakouts and pullbacks, ATOM show us all it's strength.
📊 Here you have 2 option to open a trade:
1. the first one is after the false breakout which is more profitable and more risky.
2. the second is during the squeeze to the trendline. Less profitable and less risky.
🚩 I will keep you informed as soon as there is a good opportunity to enter.
✅ THE MOST POSSIBLE TARGETS FOR ATOM:
🔥 $11 - the key level
🔥 $12.75-13.3 - the value area
🔥 $13.8-14.6 - the value area
Traders, remember to book the profit by parts. I recommend you to book at least 75-80% when the price reach the 2nd target.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Cosmos | Altcoins, Bitcoin, The Merge, Bullishness Awakens & ...If not now, when?
See, we shared FTMUSDT yesterday and it is starting to grow.
We shared LINKBTC and this one is also... As well as RENBTC/RENUSDT, APE, SUSHI, WAVES, etc.
Do you think Bitcoin and the Merge will let everybody go ahead and just stay out of the game?
Maybe but maybe not.
They are bigger so it takes longer for the acumulation phase to take place... But they will also move.
The fact that the smaller altcoins are moving is a bullish signal for the bigger ones.
ATOMUSDT Quick:
Bullish pattern.
Moving above EMA10.
Strong RSI.
Today green.
I believe this one too can grow...
Not guessing, we will wait and see.
Time will tell if we can read.
Namaste.
Cosmos (ATOM) - November 28Hello?
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(ATOMBTC 1W chart)
The most important point is 0.0004 448 .
However, it is the range between 0.0005 440 and 0.0006 266, which is the range that can protect the rising power from the current price.
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(ATOMUSDT 1W Chart)
The key is whether it can be supported at the HA-Low line and rise above the HA-High line.
(1D chart)
To turn into an uptrend, the price needs to stay above the HA-Low and above the MS-Signal indicator.
Therefore, the key question is whether this rise can rise above the MS-Signal indicator.
If not, you should check for support around 9.603.
If it falls below 8.060, there is a possibility of a decline to around 5.0, so you need to think about how to respond.
When the uptrend begins, it is the first resistance area, the 12.887-15.083 area.
-------------------------------------------------- -------------------------------------------
** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If this chart is shared, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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