But first price action shall move to the 11-12 dollar resistance before the downtrend continues.
** trading opportunity **
On the above weekly chart pice action has confirmed a bear flag breakout. The flagpole measurement forecasts an eventual target of $2.50.
Meanwhile a breakout of RSI resistance prints with a weekly bullish engulfing candle. The weeks ahead...
🛠️ Let's delve into this intriguing project and analyze it for futures trading.
📊 Atom coin, like many other coins in the market, is currently consolidating within its range and has been in a box for almost 700 days on the weekly timeframe.
🔗 The reason for the lack of movement in these coins is their correlation with Bitcoin, which is currently in a bearish...
BINANCE:ATOMUSDT should be doing this if it really have intention of joining the bull run. It is quite close to the invalidation level but the risk reward is insane almost 90.
More update to come stay tuned. BINANCE:PEPEUSDT is at the level i called so is many alts. We saw this coming billions have been liquidated.
OTHER ANALYSIS
Cosmos has fully broken away from EMAs and the local support zone (which has turned into a resistance zone).
While we see the re-test happening, we are looking for a potential further breakdown from the current zone, but we are cautious as we see how oversold the RSI is and also the fact that EMAs have not been re-tested at all.
So, we keep an eye on the...
We are back with Cosmos Coin, and our gameplan still remains the same. We are looking for further movement to lower zones towards our target areas of orange lines.
We see the demand for selling pressure on Cosmos, so be careful, as we might see some sharp moves here!
Swallow Team
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 ATOM has been overall bullish, trading within the flat rising wedge pattern in black.
Currently, ATOM is in a correction phase, approaching the lower bound of the wedge.
Moreover, it is retesting a strong support and round number $10 in gray.
🏹 Thus, the highlighted...
I am not expecting a good pullback and still bearish sentiments are showing on the chart.
Can expect another LL and market is currently searching for LH.
Resistance and supports are mentioned
Hello community,
I am pleased to share my latest trade following two successful transactions on Bitcoin (17% profit) and BOB (24% profit), both of which are documented in my account. My new trade is ATOM/USDT.
Money management strategy:
The designated capital for this trade is $500+$500. Here's how the funds will be allocated:
1st Order ($500 spot) :...
Although the market experienced a long period of rise, many tokens experienced significant callback after BTC failed to break through ATH.
So again we explain how the TSB indicator is used to help even with switching trends. TSB indicator is a trend indicator based on AI algorithm. When the TSB indicator gives a BUY signal, it means that the token has entered a...
The ATOM bullish trendline is about to break.
Short trade possibility:
Entry point: After breaking the bullish trendline and the $10.72 range
Profit targets:
$10.25
$9.68
$8.98
Long trade possibility:
Entry point: Above the $11.40 range
Profit targets:
$12.58
$14.14
Important notes:
This analysis is for informational purposes only and should not be considered...
🔍Today, let's focus on Cosmos (ATOM) on the 4-hour timeframe, where it has reached support at $10.714. Concurrently, it's consolidating around this support level while the RSI indicator shows positive divergence, indicating potential bullish momentum. Moreover, the decreasing volume in red candles suggests bullish volume divergence.
📈For long positions, the...
After taking profit at 15$ its correction time and here we are, but whats next?
The price of ATOM is $11 today with a 24hour trading volume of 120 million dollar. This represents a -1% price decline in the last 24 hours and a -15% price decline in the past 7 days
Cosmos bills itself as a project that solves some of the “hardest problems” facing the blockchain...
Hello traders , atom breakdown for all options of buy levels with out trade plan.
from the chart we expect a continuation in the channel and in case next levels are indicated.
tradehubng
