ATOMUSD
ATOM - Buying SignalBYBIT:ATOMUSDT
4H time frame
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ATOM has been going up with an uptrend since June 19th, and it is approaching to the uptrend line again.
It would be good if price gets support here, and we can set a buying strategy with a great risk to reward ratio as below.
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Entry: 10.3
Targets:
1) 10.745
2) 11.155
Stop: 10.325
R/R: 2.97
Cosmos Hub (ATOM) - August 11hello?
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(ATOMUSDT 1M Chart)
The important key is whether it can be supported by rising to the 12.282-15.837 section.
(1W chart)
The 12.282-15.837 interval is the interval that determines the trend.
Therefore, if it rises to the 12.282-15.837 section and falls without being supported, a Stop Loss is required to secure cash.
The Stop Loss point is when it drops from 9.603.
(1D chart)
Resistance: 12.282-12.837
Support: 9.603-10.878
It is located just below the important point.
If you look closely at the chart in such a situation, you get a strange idea.
That thought is likely to skyrocket when it rises above 12.282.
Therefore, in the desire to get more profit, there is a case where you buy in advance at the current point without checking the support at 12.282.
Fortunately, it is good if it rises as it is, but if you don't, you will experience psychological conflict.
Therefore, you need to be cautious in trading when you think that this point or beyond this point is likely to lead to a surge.
This is because, if you experience a psychological conflict, you may miss out on the opportunity to make a bigger profit by selling without winning the price volatility.
In order to stop loss to secure cash, you need to think carefully about the ratio to sell.
You need to consider whether you can afford the loss rate of your coins (tokens) when the price falls, and the loss rate when the price rises without falling too much.
You can calculate this loss rate by considering the ratio of your own purchase average unit price.
Although the current price is at the bottom of the chart as a whole, if it goes down, it will drop more than -30%, so you will experience psychological anxiety.
Therefore, it is better to divide and sell appropriately with the idea that you will have cash to buy at a lower price than you would lose with Stop Loss.
If you have cash, there is no need to stop losing.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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ATOM/USDT Main Trend. Channel. The important zone.Ever wonder why this coin has such an interesting name? Cosmos-atom. The meaning of "big-small".
Secondary trend—a pronounced downtrend (purple), the last wave inside the channel.
At this point there is an important zone, on which the further price direction trend depends. Everything is shown very accurately (potentially accurately), as in the previous trading idea for this trading pair. ATOM / USD Main trend. A cup. Triangle. 18
This coin on the coinmarketcap: Cosmos
Schematically shown on the chart.
The formation of a large bullish triangle (the final part) in case of a breakdown of the downtrend (+70% to resistance) and then in case of its breakdown of resistance and the breakout (could also go down from resistance—then it would be a triple top) to the fantastic channel targets. The targets to the main zones were shown on the chart.
After all the “tambourine songs” at or near the top of this uptrend—a break-down. Formation of a big “Head and Shoulders”. Targets on the major zones shown on the chart.
As I said before (a few years ago) this cryptocurrency is good for accumulation by trading large positions (there are few of them). Only one point. Do not keep everything on one exchange, no matter how confident you are in it.
Diversify both where you work (trade) and where you keep your cryptocurrency. This is important.
I would like to point out that I have attached absolutely all my trading ideas to this trading idea from the beginning of my trading of this cryptocurrency, namely 18 12 2019. Why do you think I did that?
My previous trading idea on this trading pair. Publication 03 12 2021.
ATOM / USD Main trend. A cup. Triangle. 18
After a while, the atom became Cosmos.
As we see, the fantastic zone of $40.23 has been reached.
From the safe entry zone of $6.5 to $40.23, namely net +518% (523% chart)
Entry with the risk in the triangle at the end of its formation after the "reset of passengers" (beat out stops) $ 5.2 - $ 40,23 = +673%
What is 40 ? Why was 23 assigned to it ? After all, what difference does it make to a potential +500% goal of $40 or $40.23
Why was 523% shown? What does it mean in the table of contents of the title of the number 18 ? And so on... Sometimes the details make more sense than the basis.
Stop-loss on the chart.
Also, I specifically showed on the chart in this uptrend very accurately (including the percentage of support level of secondary trends) as under the trend before each reversal of the trend were reset to a very large % of the stops. It is not a problem, if one understands where, according to the logic, they are placed and sensitively, thanks to one's experience, understands the psychology of the main market participants (fuel). To direct this fuel in the right direction for self-immolation due to atrophied psychic qualities of greed and fear.
Knocking down stops even by a large % is not a loss for the market maker, but on the contrary (the addition of a position below the local set from the previous profit). As he potentially knows where he is going to take the price. By the way, it is not only long stops that are pulled down, but shorts as well, I just did not show it on the chart not to clutter it, but keep it in mind. The price can be pulled up significantly, and then mercilessly, quickly, like a hot knife in the butter—down. Take it into account in your work.
I've been trading this coin for a really long time, you could say since "the beginning of the listing".
On this site the first trade idea was published in 19, but in pair to bitcoin.
ATOM/BTC Rising trend for 4 months. Channel. Analogy with LTC/USD Publication 18 12 2019
After a while. The cosmos became an atom. Then the process repeated itself.
Medium-term work. Secondary trend. Timeframe 1 day.
Close-up of the trend reversal or continuation zone (which determines which trend will develop).
ATOM/USDT Secondary trend. Medium-term work. Important zone
The foundation of your trading is your trading strategy and risk management based on your experience. Don't try to guess what you don't understand. Don't inherit the majority of participants—market kamikazes (giving back). Try to evolve and toil, gaining relevant experience in what you didn't initially understand. Slowly but surely become better day by day than you were yesterday, leaving behind the “experts” and anonymous “I know for sure” screamers.
💎 ATOMUSDT : 358.06% Profit Potential in Next 5 Months💣💣💣💣Last 2-3 weeks we seen huge buying in ATOM coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
Cosmos (ATOM) - July 30Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(ATOMUSDT 1W Chart)
The 12.282-15.837 interval is the interval that determines the trend.
Therefore, it is important to be able to rise above the 12.282-15.837 section.
(1D chart)
Resistance: 12.282-15.837
1st support: 9.603-10.878
Second support: 6.809
If it rises to the 12.282-15.837 section and falls without support, it is likely to lead to further declines.
Therefore, if resistance is found below 10.878, Stop Loss is required to preserve profit and loss.
This Stop Loss does not mean 100% sell.
It means a Stop Loss to free up cash to buy at a lower price when it leads to a further decline.
The range of further declines is up to -47%.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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