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ATOM

🌟🔍 Cosmos (ATOM) and Its Potential Breakout 🌌🔮 🔺 Cosmos (ATOM) in a Major Triangle: ATOM is currently navigating through a large triangle pattern, indicating a significant correction or a "big sleep" phase. 📈 About Osmosis Chain: Before diving into the analysis, it's worth researching the Osmosis chain. Recognized as one of the premier decentralized finance (DeFi) chains within the digital currency market, Osmosis hosts a vibrant ecosystem with numerous coins. Don't miss exploring its enticing ecosystem. 🚀 ATOM's Potential Growth: ATOM has a potential journey of approximately 370% to reach its lifetime high. 🛒 Spot Buying Strategy: For spot purchases, a breakout from the triangle and weekly trendline, with an entry trigger after surpassing $11.356, seems optimal. 🛑 Stop Loss Consideration: It's too early for a precise stop loss figure, but if a bullish trend begins from the current levels, a stop below $8 could be appropriate. 🔍 Strong Support Zone: Currently, a robust support zone exists between $7.5 and $8.331. 🚫 Early Buying Caution: Early buying is not recommended. It's better to wait for further correction or significant upward momentum in the market. 📉 Futures Position Strategy: I'll update you with a lower timeframe analysis for futures positions tomorrow. 📣 What are your thoughts and strategies regarding ATOM's current position and potential breakout? Feel free to share your insights and questions in the comments! 💬🌐 #CosmosATOM #DeFiEcosystem #TradeCityPro 📚 Remember: The cryptocurrency market's volatility requires thorough research and careful risk management. Always consider your investment goals and risk tolerance. 🧠💼
Long
by tradecitypro
6
ATOM: Approaching SupportTrade setup : Trends are mixed. After a bearish breakout from Channel Up pattern, price has also broken below $10 key level and could revisit $8.50 support. That also lines up with a 200-day moving average, which makes $8.50 a robust support zone and a potentially attractive swing trade entry area, which +18% potential upside back to $10. Stop Loss level at $8.17. Trend : Downtrend on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
Long
by altFINS
ATOM - when you will finally pump?Hello, Skyrexians! Recently I made couple of analysis on ATOM. I told you that correction is almost over. Now this asset is showing us annoying flat. Anyway I still believe that price will reach $18 at least. We can see the confirmed bullish reversal bar. Moreover Awesome Oscillator shows us increasing momentum even on local dump. Today price retraced exactly to 0.61 Fibonacci and found support. If my analysis is right now we are in the best point to buy ATOM. Follow us and never miss update
Long
by Skyrexio
ATOM: Approaching SupportTrade setup : Trends are mixed. After a bearish breakout from Channel Up pattern, price has also broken below $10 key level and could revisit $8.50 support. That also lines up with a 200-day moving average, which makes $8.50 a robust support zone and a potentially attractive swing trade entry area, which +18% potential upside back to $10. Stop Loss level at $8.17. Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
Long
by altFINS
ATOM is the best asset nowHello, dear Skyrexians! While Bitcoin has been already reversed for the bear market continuation ATOM has the great change to show some inpulse to the upside. Why I so believe in this asset? The answer is quite simple - Elliott waves structure. We have already seen 5 EW impulse to the upside and current decrease looks like a correction. 0.61 Fibonacci level in conjunction with the bullish reversal bar is a great sign that correction is over and ATOM can go to the new highs. Follow us and never miss update!
Long
by Skyrexio
it's time to going down for ATOMUSDTbefore buying, please check for being sure about your opinion about this CRYPTOCURRENCY!!! (in every target you want, closed the position but our target is the third one) *Guy's the entry place is importance things in enter in a position and be careful do not going up your leverage over 7x ,all things it's about risk management* ************************************************* if you want to enter in this position: Enter Price: here Target1: 9.861 Target2: 9.788 Target3(Final Target): 9.550 Stoploss: 10.446 ************************************************* Guy's if this idea was useful and it was intresting for you please follow for more please do comment and like my idea If you like my idea show me in comment section doing and living in the best quality thanks of all of you dear's ;)
Short
by MakingMoney444
ATOM: Resistance BreakoutTrade setup : Price bounced off of $8.50 support (also 200-day MA) and could revisit $13.00. Momentum is also inflecting bullish again (MACD Histogram rising). Stop Loss (SL) level at $9.40 (just below the breakout level). Trend : Neutral on Short- and Medium-Term basis and Uptrend on Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, which it broke, then $13.00.
Long
by altFINS
ATOM: Resistance BreakoutTrade setup : Price remains in an Uptrend. It bounced off of $8.50 support (also 200-day MA) and could revisit $13.00. Momentum is also inflecting bullish again (MACD Histogram rising). Stop Loss (SL) level at $9.40 (just below the breakout level). Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
Long
by altFINS
🚀📈 ATOM Overnight Rally Update 🌐💹📊 Overnight Rally: ATOM has surged almost 11%, moving from the $9.50 support to the current resistance at $10.50. 🔄 BTC Influence: Monitoring BTC, and if it trends sideways, altcoins like ATOM may continue their rally. 📈 Potential Breakthrough: If ATOM breaks the $10.50 resistance, there's a possibility of testing the $12.00 - $13.00 resistance area. 📅 Key Date: Daily descending resistance line from September 2022 intersects in the $12.00 - $13.00 resistance area. 📈 Massive Surge Potential: A breakthrough in that area could lead to a massive surge for ATOM. 📣 Conclusion: ATOM's recent rally signals positive momentum. BTC's influence and the $10.50 resistance break could lead to further gains. The $12.00 - $13.00 area, marked by a daily descending resistance line, holds significance for potential future movements. #ATOMUpdate #CryptoRally #MarketWatch
Long
by Richtv_official
ATOM: Approaching SupportTrade setup : Following a bearish breakout from a Channel Up pattern, price could pull back to near $8.50 support (also 200-day MA) near-term, which could be an attractive swing entry, with upside back to $13.00 thereafter. Stop Loss (SL) level at $8.15 (just below the prior swing low and below nearest support level). Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $8.50, then $7.50. The nearest Resistance Zone is $10.00, then $13.00.
Long
by altFINS