Atom/Usdt finally broke the long accumulation phase but its currently trading below the S/R(red line) level and holding Daily Demand zone and UpTrendline. Expecting price will hold this demand zone and UpTrendline. Then we can see an upward rally soon. Invalidation at $20.60. (It's not a financial advice. Before trade anyone's idea always do your own research first.)
Super bullish news upcoming in the next 2 months. Atom has been moving side ways for a while now while the market waits for the projects updates.
A great steady growing within the larger market cap coins.
What do you think?
Hello to you all. Mars Signals team wishes you high profits at all times.
We are in 4-hour timeframe and the inverted shoulder head pattern is formed and over time it can touch its targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
During the month, the price has been moving in a range and is now approaching the support level of $ 17. Most likely it will rebound and grow again. False breakout is not excluded.
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ATOM has been consolidating in a range for more than 6 weeks.
Gravity Bridge Testnet will be live soon this month.
Chart is an idea for mid term trade.
Funding rates are high now so hope the entries gets filled and we could see a move up.
Two possible entries are :
Take profit at :
24.506 - 25%
26.550 - 25%
37.325 - 50%
Currently breaking the range derived from the 1D chart of the recent consolidation
We also have a pennant/a downward resistance trendline
Flips of these into support will be very positive
Also a flip of recent deviation high 23.2 would be bullish, and a good place to bid once passed
Not much wrong here, awesome project too is Cosmos Atom
Let's see how it and other...
- This is an analysis on ATOMUSDT based on the possible price actions in the coming days.
- ATOMUSDT recently hit an ATH.
- The market has been consolidating in a symmetrical triangle pattern.
- A relatively big move is imminent.
- We could see more upside or a correction
POSSIBLE PRICE ACTIONS AND CONDITIONS
- Uptrend : breakout above the...
Cosmos (ATOM) has moved within the horizontal channel boundaries for almost a month. The asset is currently in the accumulation zone before the next expected asset’s growth wave will happen. The RSI indicator is below 50 on the 4H chart, which indicates a continuation of the short-term downward movement.
However, it makes sense to secure a long position on ATOM...
The project’s other goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Last but not least, an Interblockchain Communication protocol makes it easier for blockchain networks to communicate with each other — preventing fragmentation in the industry.
. There is a possibility of temporary retracement to suggested support line (20.9). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. ATOMUSDT COSMOS/USDTis in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...