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ATOMUSD

ATOM still one of the best coins out thereA few weeks ago I shared an idea before ATOM started booming. ''ATOMUSDT had a very nice pullback back to the previous ATHs and has now reclaimed a key support level . Support turned into resistance and back into support. When Cosmos launched it had a nice big correction vs USD & BTC which was needed as the project launched with a huge ROI as it was at least 2 years in the making while many other projects launched much sooner. That meant there was a lot of potential selling pressure, but now that seems to be gone. Not only that, but ATOMBTC is looking like a huge accumulation and ATOM is one of the few high profile and important projects out there that haven't had a big pump yet. In my opinion that time is coming or is already here. Initially I'd expect it to find some resistance near its ATHs and then slowly break them and go significantly higher.'' Cosmos has now broken its ATHs, retested its previous key highs several times and now vs BTC is essentially at ATHs. Yes on some shady exchanges, OTC trades before launch as some odd but usual spikes when it launched, it did trade between 0.0009-0.0021. However the key thing is that it has kept pushing higher vs BTC while many other coins have been doing very poorly vs USD and BTC. I've talked about ATOM a lot on twitter too so I haven't put out too many updates here as I have already shared it, but now that it has completed this key breakout and is consolidating at this level I have to talk about it again. To me the story about ATOM isn't just the price, but the narrative behind it. In a multi blockchain world, a blockchain to connect them all is definitely something special. At least this is currently the narrative and is dominating the space, as more and more layer 1 and layer 2 protocols are pumping. Cosmos is only at 11B Market cap and it has tremendous potential as most of the supply is being staked and a lot of cool features are coming, while it is one of the blockchains that still hasn't had a blow off top or some sort of extreme pump.
Long
by BitcoinMacro
ATOM - 12h - How much can you grow?Today we will talk about ATOM, one of the most stable cryptocurrencies in the long term. Will the ATOM price be able to gain a foothold above the previous all-time high? What are the prospects for continued growth from current prices? Why is there a very high chance of a collaps e of the ATOM market now? We will talk about all this in this idea. We'll start with the weekly ATOM chart. On it, you can see a clear growth trend that buyers organized from March 20, 2020. Pay attention to the local highs of this growth channel. Of course, the way the ATOM market reversed was different. When the cryptocurrency market was weaker, the reversal was sharp. In the case of insane market growth in early 2021, the market reversal lasted a little longer and was implemented through an ATOM sell-off in consolidation at the highs. However, the common feature of each ATOM reversal is the highest trading volumes at the local highs. If you pay attention to the current weekly candles, you can see the largest trading volumes in the history of ATOM. At the same time, the price renewed its maximum and stopped. If you go down to a smaller timeframe , you can see a local pivot point for buyers, from which you can plan to continue the local growth wave: We have highlighted the $32.57 mark on the chart. Please note that this mark was first broken up by buyers on large volumes. Now all attempts of sellers to regain this mark under their control end in false breakouts. Therefore, for the local continuation of the growth of the ATOM price without stopping in time, buyers should hold this mark in the event of a potential downward wave. In this case, after a short consolidation, we will expect the ATOM to continue to grow with a target of $59. If the level of $32.57 is broken downwards, the last chance of buyers to continue growth will be in the range of $27-28 . However, in this case, buyers will show weakness, allowing a deep correction at the highs with large volumes. In this case, we would wait for a local price bounce upwards and close our positions. The fact that a reversal process may begin on the ATOM market is also evidenced by the chart of the ATOMBTC pair. Please note that the breakout of the black channel, in which the ATOMBTC price was trading from September 2019, took place on large volumes. However, it’s not easy for buyers to keep pushing the price up. In this case, we expect a minimum correction in the range of 0.000667-0.0007. In this case, it will be possible to talk about the acceleration of the trend. In the meantime, it is worth letting ATOM calm down a little and feel the foundation under your feet.
by P_S_trade
50
ATOM/USD - Beautiful break and march to $60!ATOM has done a wonderful re-test of support (see my macro view for ATOM linked below) and now we just penetrated the resistance represented by the FIB 38% level. If we can make this level support as well, we're ready to ride this much higher. The 4h timeframe looks great, with a MACD cross over and plenty of momentum to get us higher. Volume on this pump was solid and this last green candle is nothing to fuss about. ATOM is ready for more gains. Thus I expect continuation despite any pull backs. As I said earlier, any pull back is a buy for ATOM until we reach a significant level like $60. Bias remains very bullish. Like and follow if you liked this idea!
Long
by DU09
ATOM/USD - Price discovery to $60, old ATH crushed! 🚀ATOM is looking sexy. We made the old ATH which was our key resistance support today... what does this mean? Remember when BTC passed $20k or ETH $1,400? Their old ATH? They both doubled after and then some! Hence ATOM is on a path to $60 and above. The technicals are very clear. So long our support holds, I expect ATOM to make quick gains. The daily timeframe and above support this, plus volume on this breakout was significant! All giving good confidence signs. Hence buying this support with a stop loss under is a great idea. Enjoy the ride! Like and follow if you liked this idea!
Long
by DU09
7
Cosmos (ATOM) - September 16Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (ATOMUSD 1W Chart) If the price holds above the 8.9843770-10.6181781 range, we expect the uptrend to continue. In particular, if the price is maintained above the high point of 17.6656889, it is expected to create a new wave. (1D chart) If the price is maintained in the range of 32.82772488-36.7282127, it is expected that the uptrend will continue. If it goes down, you should check to see if it finds support at the 30.8767670-32.82772488 zone. ------------------------------------- (ATOMBTC 1W chart) If the price holds above the 0.0003152-0.0003749 range, we expect the uptrend to continue. In particular, if the price is maintained above the 0.0005845-0.0007650 range, it is expected to create a new wave. (1D chart) If the price is maintained in the critical range of 0.0005845-0.0007650, the uptrend is expected to continue. If you fall from the 0.0005845 point, you can touch near the 0.0004898 point, so you need a short stop loss. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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.)
BINANCE:ATOMUSD
by readCrypto
2
ATOMUSD peak at $132 at leastPattern: Fibonacci Channel on 1D. Signal: Buy as the price broke above the previous Higher High, after bouncing off the 1D MA50 (blue trend-line) with the LMACD on a Bullish Cross. This combination of factors has previously resulted in a very aggressive rally within the pattern to a new Higher High. Target: $130 (just below the 2.0 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
COINBASE:ATOMUSDLong
by TradingShot
9