Both atombtc atomusdt chart are very oversold. I can't say any chance it will move up soon but this could be the bottom forming due to a bit of buyers at this stage. still selling pressure is high, but seems like it might bounce at least once. We need more volumes though, but keep watching it and wait for good entry. JOIN leverage trading site to maximize your...
5 waves down here we are about to hit a possible 1.618 wave 3 that doesn't mean it cannot go past 1.618. If we see support here not a bad idea for a play for a possible 50-80% depending on how the wave 4 retrace we get . long near 1.618 area sell longterm. wait for confirmations
Chart is self explanatory
Hi, ATOM community! Today I’m going to analyze mid-term trading set up for Cosmos. We should consider 3 keypoints moments here: 1) Price action near Support Zone 1 shows us little divergence between price and RSI chart. We can see that bears haven’t met much buy power pushing price to support 1 2) Price locked in 3.5$ - 4.2$ zone. I’m expecting sideways until...
Very strong bullish force + EMA20, EMA50 support prices. We can buy and take profit: 6.1- 6.8 - 7.1 Good Luck :)
I like this crypto, it is currently in position 18 in Coinmarketcap. in my opinion, it is giving us a good entry with a risk of only 4% so let's operate it: Buy: Atom / Usdt Price: $6.7 - $6.8 Time: 2 - 5 days Stop loss: $6.45 always divide your capital!
Technically, this is our first week try to stay above the thickest channel's median gray which shows the highest support/resistance strength According to the first 3 arcs and the breakout candle we still have to go higher up to $8.2 Current pattern might be the same arcs kind of cup-and-handle figure that if we'll see another breakthrough $7.2 candle we...
Signal: BUY (Bought @7535) Stop loss: 7287Sat Exit: Target ~8200
Hey!! I am trying EW with support of other Indicators and It's gonna work nicely IMO. Let's go! Meanwhile BTC pair is here : targets in sats : 8135 - 8543 - 9397 - 9937 Invalidation : 7380. With absolute SL at fib .618 mark
Another highly bearish figure is a: Descending Triangle. In this case the triangle has been invalidated on the upper TL Orange. To confirm this movement we should expect a retest on a triangle.
A series of patterns highlighted in the view: -.1 Ascending Triangle in Green (if the price follows the Green trend line) -.2 Falling Wedge in Blue (if the price follows the upper Blue trend line) -.3 Great falling Wedge in Red (if the price follows the Red pattern) A validation of the Ascending Triangle (Green) would have a bullish predisposition in the short...
I don't know where the hell i've been, but seeing ATOM claiming it's position at 16th on Coinmarketcap is a jaw drop for me. How come something so new like this, acquiring big market capital. You can learn more about the project on their website. Judging from the chart perspective, I love the mid-term double bottom pattern, which indicate, it will be more upside...