!7.30 over the next few days/week looks likely. Breaking from them a pattern if we believe in those? as well as bouncing from the bottom of this large range.
Been following cosmos for a while looking to breakout what is the community thinking is this a green light or red Im going green on this one very minimal resistance on the next few legs up
#ATOM #ATOMUSD #ATOMUSDT #Analysis #Eddy
(("All the relevant areas and explanations on the chart are clear and clear, the trading setups need to get confirmation to enter, if you don't know how to get a trigger and confirm entering into transactions, this analysis is not suitable for you, the above analysis is for professionals. and if you are a beginner, my...
Cosmos (ATOMUSD): BINANCE:ATOMUSD
For Cosmos (ATOM) , the analysis begins with the correction phase that concluded around $5.65, following the first bull market. Since this point, Waves (1) and (2) in blue have been formed and completed, with the local high of Wave (1) at $17.16. This correction was a three-part downward move ABC. Upon closer examination,...
Hello as you can see Atom been in this patern for more then a year
i expect we break up at some point and if we do it will be 2x to 3x so fast
what do you think ?
Let's take a closer look at what's going on with Cosmos.
In the past, the top 100 cryptocurrencies and crypto projects were mostly dominated by eth-related projects, that's still the case, but there is one ecosystem that caught up a lot during the bear market, it's Cosmos. Currently, 8 out of 100 are using Cosmos technology (ATOM, CRO, RUNE, INJ, TIA, KAVA,...
ATOMUSD has Double Bottomed on the weekly timeframe at the PCZ of a Bullish Shark and is now holding above the 21-week SMA. If it holds, we could see ATOM breakout of the range and rise all the way up to a 61.8% retrace. From there it may then turn into a Bearish 5-0 but for now I'm just focused on the potential Bullish move upwards.
The Shark pattern here is...
A message sent by god that we have to hit that bottom trend still, but from there it's all salt and pepper. It's not possible to go below that bottom line unless we implode like Titan.
Good day my compadres.
-Bo
The ATOM has been consistently following an upward trend since 2019. The certainty of a new cycle for ATOM is still uncertain. However, by considering that the asset is not experiencing a depletion but rather undergoing a shake-up, we can speculate that a pattern similar to the previous cycle will unfold.
This pattern typically involves an initial phase of...
Atomtime daily currency and strong return pattern
1- Shark pattern formed in daily time
2- If this model becomes operational; It can cause a good movement in the atom currency.
3- The breaking of the resistance trend line of the short-term color problem can be the start of a jerk
Introduction:
ATOM's trajectory against Ethereum has reached a significant support level, drawing attention amidst the Cosmos ecosystem's buzz, particularly due to the anticipated airdrop season and Celestia's successful launch.
Technical Indicators:
The price of ATOM relative to Ethereum has hit historical support, a zone known for preceding rallies....
As you can see from the chart, we formed a wedge that we broke out of and retested as support.
This seems like a great place to enter at $10.09.
Target of pattern would be $21-22. Target of full bullish move might go as high as $27.
Good luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
