Priceline of ATOM / Tether US has formed a bullish shark and entered in potential reversal zone to hit the sell targets soon insha Allah. This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone. Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish...
Updated Support Levels and Targets
ATOM/USDT Due to the negative divergence specified in the 4-hour time frame, it can be adjusted to the specified range and then reset upwards.
There are two entries, so, should be careful in case the 1st entry can not hold
ATOM is awake. It reached 0.00031 with good volume. however, looks like the buyers may see this level as a good one and we see that the volume started to decrease. I would bet that we could see a correction to 0.00026-0.00027 (assuming that BTC is on the flat run for a while). I've just unloaded my coins at 0.0003047 and hope to pick them up in the range of...
Cosmos has reversed its trend and the price moves above the 1-sigma Bollinger band on increasing volume, and MACD is also bullish. This coin is a buy on pullbacks.
Bullish Gartley pattern (pcz was hit) + hidden bullish divergence. Targets are A and C.
ATOM/USDT is climbing with very clear and clean price action Smashing each resistance then testing it as a support before heading up to the next one mid-Risk entry wold be at 2.77 targeting 3$ claiming 3$ as a support will open the door to visit 3.5$ easily I am a buyer in case 3$ claimed as a support
As evidenced on the chart, the 12-hour bar chart of ATOMUSD just closed above the previous recent 12-hour bar high for the first time since this decline started back in June. Basic trend change indication. The next sign of a reversal I'm looking for is a close, on more volume than what we just saw, above $2.60 resistance.
The price continues moving withing a falling channel, bounced from the middle of the channel and now the seller is dominating. Zones of interest and targets are indicated on the chart. Good luck everyone!
ATOM/USDT After forming a descending triangle (similar to bitcoin 2018 big triangle) has lost the Horizontal Support , tested it as a resistance and start dumping hard Based on Fibonacci extensions: 1- Daily Close should maintain 2.121$ Level 2- Losing above Mentioned Level will open the door for another free-fall to 1.27$ Zone
Chart is self explanatory
Watch for trade execution after impulse break-out MA77 on 4h chart. First target zone is 4.046-4.196USDT and the second around the PoC 4.536USDT. Stoploss should be below current low.
Tried and true crypto indicator here which 95% of the time signals a trend change in most crypto's I've encountered...we'll see if ATOM plays along. Breaking above $4.20 would signal a breakout up out of the triangle. Breaking below the light red and thick red lines at about $3.50 would be pretty bad. Simple as that.
Hello traders, cosmos coin make a nice correction for one more down. After this drop wait for a reversal impulse and correction to confirm the upside move.