Long ATOM/USDT D1In general it's time for altcoins (blue chips + other decent projects) to make a correction:
Pros:
1) Good R/R
2) Seller's exhaustion. Buyers (short- and midterm) are starting to appear
3) Target - 50% fibo correction + 200 dma
4) RSI has found support and trending higher
But not to forget: market is still bearish in the long-term perspective. Better to babysit your trades and watch the market carefully.
ATOM/USDT:
Entry - current market price
TP1 - 17-18
SL - below 5.5
Just my 2 cents)
ATOMUSDT
ATOM/USDT - SHORT NOW ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ ATOM/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 15.524 - 100.0% (131.29682 USDT)
Take-Profit Orders:
1) 14.613 - 80.0%
2) 13.721 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
ATOM : We found a resistance serAfter a massive bounce, prices found a resistance identified a few weeks ago.
This resistance is still strong and blocked prices twice in a row.
Technically, the main suppor is still the flat of daily Kijun, at 13.67$ . And the uptrend isn't in danger while prices remains above the daily cloud.
If the resistance quoted above is broken, 19.4$ as a second target.
Cheers Cosmonauts !
Cosmos Hub (ATOM) - September 20Hello?
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 12.282-15.327 interval is the interval that determines the trend.
Therefore, if the price is maintained above 15.837, it is expected to rise above 20.955.
(1D chart)
We need to see if we can continue the uptrend within the short-term bullish channel.
If the price is maintained above the HA-High indicator, the uptrend is expected to continue.
So, the key is to keep the price above 15.083.
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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 can be made through split trading. It is a short-term investment perspective.)
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ATOM has a good chance on 4h !!ATOM wnet down and up but still in the bullish on 4h .
There is a potential handle and cup pattern ,
and it broke out the the downtrdnd
SL:14.570
TP1: 17.198
If it break out the previous high(17.198) and stand firm ,TP as below
TP2: 18.738
TP3: 19.361
TP4: 20.029
TP5: 20.697
TP6: 22.860
If you like this analysis, give it a like or share your thought or let me know what crypto TA you want to know.
ATOM/USDTAtom shows more quickness then other shitcoins but trend still looking in to the hell.
So we got 2 scenarios: upside and downside ( it always been lol)
case of upside depends on the low of 11.5 so bulls need to save that low to prevent structure breakdown then we may see upside
case of hell which looks mmore real to me: bears will ruined the level then MM going to take all that liquiduty( blue lines) he made while we grew and the character of trend makes me to look more at hell scenario, common this lows is too obvious. ISNT?
but one legit thing in hell scenario is corrections around $8-$10 we could see and I could long because the healthy assets doesnt fall in couple bars, you know. MM playing with ATOM like a mf so I want to see good bounces.
Perfect possible Double Top into the Cosmo?ATOM/USD
Bearish Case
- Double Top can be seen (white line)
- 1hr and 8hr RSI shows a exaggerated bearish divergence
- BTC is retracing, eventually ATOM will follow to in this bear market
Target Zone
- $13.41 (neck line of the bottom of double top)
- $12.81 (0.618 fib retrace)
- $11.60 (0.5 fib retrace & start of double top)
Bullish Case
- May break higher 8hr Histogram showing reversal
Thoughts?
Classic 10x While HEDGED''Oh Professor, I am a directional trader, I don't make money when I blend my positions. Hedging doesn't work for me''
Well, once again, I can assure you that hedging does work.
Many charts and many tokens, some will rise and some will fall.
In a market that changes direction in seconds you probably want to reconsider..
My message to my Turkish brother, while having some coffee. Also my message to you too.
One Love,
The FXPROFESSOR
Ps. i have bad weeks and i have good weeks, i have bad days and months and good days and months but at the end of the day i enjoy trading without stress. Get rid of people and things that stress you out, trade as a GAME first and with money you can play with and use your real buying power to selct good SPOT and accumulate between now and 2024-2025. Just my humble opinion, you are on Tradingview where we supposed to all be logical, grown ups. You look, you listen or you post and you always decide what YOU will do with YOUR money.
ATOM IDEA GOES AS NEUTRAL SINCE IT'S CLOSE TO TAKE PROFIT LEVEL AT 17,34$