ATOM/USDT : broke above the S/R zoneBINANCE:ATOMUSDT
Hello everyone 😃
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$ATOM has broken above the local S/R zone and now it has reached the higher bearish order-block.
With the lower trendline, It's expected for $ATOM to break above the resistance zone and so, It'll be our trigger as a hold above the mentioned resistance zone to locate our Longs...
However, If we get the rejection from the current resistance, Then it'll come with a passive long setup mentioned on the chart!
- The final targets are the same for both scenarios, Same or less.
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@Helical_Trades
ATOM
ATOMUSDT - 1D Long ideaOn the daily timeframe, ATOM moved into an uptrend on June 23. We have seen a correction in the last week. Now a reversal pattern has formed on 4h, indicating the end of the correction. There is also convergence on the MACD . If after 30 minutes 4h closes above the red block, I will take 50% on the current + 50% in the blue block. Take-profit set on 1D. Stop when closing 4h below the red line.
atom - good short opportunityatom breached daily resistance, then reversed back below just now. This is a good entry for a short, with stoploss back above. This is not shorting the bottom, or chasing, but positioning for a reversal back to the lows, and if it doesnt work out we can cut losses quickly.
Do your own research, this is not financial advice.
$ATOM #cosmos resistance breakoutas always, I'm only trading breakouts, so here is another one!
atom is currently testing the 4h resistance around $ 8.7
if we see a good breakout from the one, with good volume, and a good retest, we can set a long order with $ 9.6 as the target (following 4h resistance) and something around 8 as the stop loss, which is the level of the dynamic trendline atom has just broken out from , which could turn into new support
let me know what you think about this idea and if you are planning to enter on this trade + like and follow for more ideas
Cosmos (ATOM) Death or LifeMany cryptos are found in crucial points:
1) BTC is in the 20k zone where we find solid support from the all-time high of 2017 2) ETH at 1k
3) Stocks Market (US500 & Nasdaq 100) on the one week average of 200 and on another solid support.
Returning to some other interesting alcoins we find together with Solana at sale prices
ATOM which is at $ 8 which finds 3 fundamental graphical factors
1) Support of its first point of maximum (green rectangle)
2) The Fibonacci extension at the price of $ 5 which has already been touched and now seems to be consolidating
3) Confirmation of the consolidation phase with a very visible bullish divergence with RSI rising and price falling.
Obviously we are in a bear market and you have to be careful to enter a LONG trade, but it could be an interesting point to accumulate and make a first purchase.
And what do you think?
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ATOM/USDTThis pattern is important because it helps to indicate the continuation of a bullish or bearish market. When the direction of the price channel is in the upward direction it is considered the Bullish Price Channel and when the face of the price channel is in the downward direction it is called Bearish Price Channel.
Traders could buy a stock when its price breaks above the upper channel line of a falling channel. It is prudent to use other technical indicators to confirm the breakout. For example, traders could require that a significant increase in volume accompanies the breakout and that there is no overhead resistance on higher timeframe charts.
📊 ATOM is back at resistance! What's next?Hello, dear TradingView members.
This idea is an ATOM analysis.
ATOM made a 10% ascending move today, and now it's facing the resistance level.
We have been through this resistance a few times before, so there is a possibility of breaking this resistance level if we get enough 'Buy' volumes and support.
There are two possible scenarios.
Scenario One:
The price will get better support with enough Buy volumes to pump once more and break the resistance level.
Scenario Two:
The price will get rejected by the resistance level and fall on support zones.
The Speedometer indicator shows Neutral volumes on the market for ATOM at a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Cosmos High Volume, Same Pattern, Bullish Break (125% Mid-Term)Remember the "same pattern"?
We can see it again on the Cosmos (ATOMBTC) chart.
1) We have a low 13- May.
2) Followed by a lower low 13-June.
3) Followed by a strong bullish breakout.
(Highest volume in more than 6 months after 13-June low, signaling that the bottom is likely to be in).
This simple pattern can lead to 66% price jump, short-term.
Mid and long-term there can be more.
Namaste.
ATOM between huge volume profile levelsATOM between huge volume profile levels
Breaking the current resistance at $8.25 could lead to a relief run to next higher volume cluster
A second test of lower support at $5.55 more likely IMO (double bottom pattern)
What do you think dear Crypto Nation?
*not financial advice
do your own research before investing
BTC - Long Entries of BTC strengthDone focusing on where price might stop (although should be quite exhilerating).
Focusing on prioritising BTC and ALT long entries based on exit price targets in a month's+ time.
Initial ALT: Scenario v1 - ALT, Target Entry Price, Exit Target Growth Predition
BTC $17k, 2X
ETH $800, 3X
Link 4.8, 3X
Dot 5.1, 3X
SXP 3, 4X
AAVE 44, 5X
Atom 5.1, 4X
Matic 3.03, 4X
XTZ 1.16, 4X
PNT 0.153, 5X
CFX 0.049, 5X
GMT 0.67, 4X
HNT 5.44, 3X
ILV 104, 4X
WRX 0.154, 4X
NCT 0.014, 14X
NB: I am familiar but have little or no interest in the ALT projects listed, only potential value. Review, Filter to 6. Entries on strength.
Best, Hard Forky
Looks like we are on target for weekend.
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Phil
ATOM - End Of Correction... 🚀Atom has almost finished its corrective phase. We are anticipating one more drop before we take off.
SHORT Trade Idea:
- sell entries now with stops above 9.5
- Targets: 5, 4, 2.5
LONG Trade Idea:
- Once price moves lower once more, look for bullish price action
- Enter with stops below the lows
- Targets: 20, 40, HODL the rest
Goodluck and as always, trade safe!