#ATOMBTC Mid Term Hold Idea!As ATOMBTC Trades Within its Assending Channel, We could expect a rally to the yellow resistance line... Comment your thoughts below👇
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ATOMBTC trade ideas
LOOKING FOR AN ALT COIN RALLYATOMBTC HAS MADE 5 TOUCHED WITH-IN THE DESCENDING WEDGE.
THE BOTTOM IS MOST LIKELY IN AND NOVEMBER SHOULD BE GOOD FOR ALTS
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COSMOS (ATOMBTC) Buy SignalPattern: Channel Up on 1D.
Signal: Buy as the price is approaching the 0.786 Fibonacci retracement level, which on the previous bearish leg was a rebound level. Last buy entry on the Higher Lows trend-line.
Target: 0.000700 (just below the Resistance).
Most recent Cosmos signal:
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ATOM entry positionPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea.
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ATOM getting some bullish momentum
- Has set three higher highs
- After which price has retested the previous high every time
- Price followed the trendline
- Tested 50MA, retraced and broke through
- Now: retest 50 MA and previous high
If we break our current high of 5300 sats, we have no more resistance and could see ATOM surge towards the 6300 - 6500 sats zone.
Aggressive entry: now
Conservative entry: wait for break 5300 and buy on retest
TP1: 6300 - 6500 sats
TP2: 7500 sats
Aggressive SL: 4849 sats
Conservative SL: 5100 sats
How do you feel about this?
ATOM/BTC Bright future incoming? This is my very FIRST public "analysis", DO NOT take it as financial advise,this is only for inspiration and compare and share thoughts about market...
DYOR, trade on own risk as responsible adult :)
So...
We can see we had correction in falling wedge from top,in the end here is some RSI divergence,so we broke UP with rised volume .
NOW i noticed possible forming HS.. and thats all in that megaphone..
also Coinbase supports staking now, btc rises,and if breaks 11k rezistance we could se some awesome bullish move, what do you think ? :)
Cosmos (ATOM) Moving To 101% of Potential ProfitsATOMBTC (Cosmos) is now trading above all EMAs after a very strong decline.
With MA200 tested as support and prices now safely trading above all EMAs, we can easily see additional growth.
On this chart, I've mapped the next two main targets, with the second one being 101%+.
Remember that you need to build a plan/strategy before you trade.
Namaste.
ATOM/BTC (Bullish Pattern?)💎Technical Analysis Summary💎
BINANCE: ATOMBTC
-Cosmos is trying to form an inverted H&S pattern
-The key point to trade this setup is to wait for the neckline break
-Buying above the key resistance will confirm the reversal pattern
-This will also ensure that the buyers have started entering the market
-The upside potential is up to 6200s sat or higher
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Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
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ATOMBTC Two levels to buyPattern: Channel Up on 1D.
Signal: Buy either if the price breaks the -0.3 Fib or approaches the 1.5.
Target: 0.0008.
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