ATOM
ATOM 1W If the candle does not break the canal, you can enter
How do you know when to enter and exit a trade?
The safest strategy is to exit after a failed breakout or breakdown, taking the profit or loss, and re-entering if the price exceeds the high of the breakout or low of the breakdown. The re-entry makes sense because the recovery indicates that the failure has been overcome and that the underlying trend can resume.
BTC/USDT Short Position 22.4.10Bitcoin in the daily timeframe has formed a continuous pattern that has come out of this area with a powerful candlestick.
I expect it to test the 43,500 range again and continue to fall.
There are two very important areas of very important support for it.
40930-40982
36350-337370
This drop may be stopped in the support range of 40930-404082. But there is a very strong demand range in the second support.
The important point is that if Bitcoin breaks the level of 44,000 and stabilizes above it, it can test the supply range of 4710-48150 again.
⚠️ This Analysis will be updated ...
👤 Sadegh Ahmadi: @SDQ_Crypto
📅 10. Apr .22
⚠️(DYOR)
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ATOM/USDT 350% Potential from This Entry Level ( Target $100+ )#ATOM/USDT TA Update:-
$ATOM currently trading at $27
Recently hit $44 and Its gave good profit from our Initial entry.
Next..?
Now Good time to Accumulate at dip as Possible.
Accumulation Zone:- $22-$27
Targets:- $44/$80/$116
Stop Loss:- $20
Waiting for Breakout $44
Above $44 no any Resistance so Target will be $100+
Strong Support is $25 and $21
Keep an eye on this level.
Above this Level $ATOM is super bullish.
Support:- $25/$21
Resistance:- $44
ATOM Bullflag Still in PlayOn the left we can see a more zoomed in version of the ATOM chart (weekly timeframe) and it shows how price continually forms support areas around the top and middle of the channel
This strengthens the possibility of a successful bullflag
On the right the bullflag is seen more evidently (in the triangle), this triangle is out of the clearest Fib circle which makes me assume a new run is coming.
ATOM Cosmos is in a Consolidation Phase
ATOM price is likely to range between $22 and $35. The trend direction of PVT is diverging from price direction. I have selected the time points A and timepoint B {April 3 2022]. The price difference between these two time points closing price is 1.03 (USDT). The difference in PVT between the two timepoints is negligible.
MA assigned to ATOM (Cosmos) price are 50 MA (Yellow), 100 MA (Green), 500 MA (Blue). These MA follow the session we are in and the session is 2 Hour freq . February 28 2022 ATOM price crossed over 500 MA. The subsequent price movement from March 4 2022 to March 6 2022 sent the price of ATOM to cross under the 50 MA, then the 100 MA, and lastly the 500 MA.
Price support at $34 was proving to be resistance and the new price support was found at $28 by March 25th 2022 when price had maintained a price greater than all three MA’s. On March 25th 2022 the MA were as follows 28.34 50 MA, 28.32 100 MA, 28.05 500 MA. (50 MA > 100 MA > 500 MA) The most recent price trend in relation to the 3 MA’s indicates a possible continuation of this consolidation phase.
From March 3rd 2022 the PVT value was at 7.614 million and on April 3rd 2022 PVT was 7.621 million. (The price trend appears flat).
Cosmos Bullish Divergence1D tf ATOM Looks like we would a short term bullish trend in the next few days. Possible TP1 at 29.68 (0.382 Fib Line) TP2 at 32.61 (0.5 Fib Line).
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Divergence is when the price of an asset is moving in the opposite direction of a technical indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.
Divergence signals tend to be more accurate on the longer time frames. You get fewer false signals. Divergences on shorter time frames will occur more frequently but are less reliable.
READ THIS NOTE!!
Market can do anything specially on crypto, because of Bitcoin, investors often consider Bitcoin as the reserve currency of the cryptocurrency market, similar to the USD in the global stock markets. When bitcoin (BTC), the largest cryptocurrency by market cap, goes up, other digital tokens tend to increase in value as well. When BTC declines, it's likely that other players in the space will drop at the same time.
Cosmos (ATOM) Buy ZoneCosmos (ATOM) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : High
Cosmos is showing signs of strength paired to both USDT and BTC. Laddering orders all the way down to entry zone.
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$ATOM/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 24.25 - 24.75
TP 1 : 25.3
TP 2 : 25.9
TP 3 : 26.75
TP 4 : 26.25
TP 5 : 28.12
TP 6 : 29
TP 7 : 30.3
TP 8 : 32
Stop Loss : 23.5
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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ATOM⚛️ triangle breakout 2Cosmos broke up this triangle📐 and I think there is chance for run to 52.9 and even higher. Setting BUY LIMIT order to previous range high to catch🎣 the pullback.
ENTRY : local high @ 31.7
STOPLOSS (SL) : local low @ 27.7
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 52.9
REWARD RISK RATIO (RRR) : 5.3
INVALIDATION : when SL level hit
ETH should be stronger than BTC , so ALTs should be good to go:
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
ATOM M PATTERN FORMINGIn a monthly chart we already finished 1-5 Elliot wave, on a weekly ABC correction. going trough lower time frames we saw market starting to form M Pattern in 1h time frame. right now market started consolidating in a 50% fib and institutional zone and since we saw ABC correction we should see bounce to the top of M pattern and after that retrace back to the bottom.
Entry: We can enter now 30.63 or wait for a retracement to a buy zone at 30.
Invalidation: 29.5 (Just below buy zone)
Target 1: 33 (Top of M pattern, and a sell zone indicated by institutional candle)
My BTC TA starting from the monthly to 1 hour timeframesStarting with the monthly we can notice an inside bar that needs to be broken between 48260 and 37210.
We are creating support over the 21 and 8 weekly moving averages as well.
If BTC can break 48260 we can go test the Control Point around 52k.
And that will be the most decisive price action move we need to trend upwards and maybe have an extended cycle if not a triple top.
All has to be unfolded yet, but if the markets and the dollar allows, BTC will skyrocket with it.