Cosmos
ATOM WHEN TO ENTER?Be aware of the bearish divergence on RSI if you are thinking of an entry into ATOM. I would wait for price to pull back to trend line.
Also possible cup and handle formation if price retraces to the 0.618 fib.
imo ATOM will have its time to shine after BTC recovers. People are taking profits off SOL and eager to move it into another smart contract layer 1. Also keep your eyes on MATIC.
ATOM - Breakout coming?Finally started getting into the Cosmos ecosystem. Been so caught up with Sol, Avax, Ftm that I neglected this one. Better late than never though and this chart looks ready for breakout.
If BTC behaves, I'd expect ATOM to do well in the coming days and weeks. Fundamentals seem very strong, although I've still have a lot to learn about the different projects and how it works.
Look up this Giant ! Don't miss it!!!!!Atom seems to be very bullish
don't need to explain this you can see inverted head and shoulder , falling wedge and a bull flag !
BTC dominance faced a resistance now its time for alts ! , any more reasons needed to prove this bullish beast ?
Moreover RSI break out 50 and I assumes that it will bounce back from the 50 !!!
#COSMOS is ready to make new ATH#ATOM in it's #USDT pair after retesting its static and dynamic support at 30 bucks , start running to resistance at the $38 .
If #ATOM breakout the resistance, the next targets are $ 41 and $ 44, otherwise, after a correction up to the range of 33 bucks, it will be pumped back to its resistance.
Targets : 39 - 40 - 49 - 53
Cosmos / USD 30min LONG positionTechnical analysis based on fibonacci retracement and elliot waves.
From 08 Sep with low 17.00 has gone to 44.50 in 12 days bull run
Retracement and correction with ABC elliot pattern down to 28.00 (0.382
I can see the same pattern forming confirmed by Wave 1 of elliot wave.
Open position: 39.5
Take Profit: 55.0
Stop Loss: 35.0
This is not a financial advice.
₿ ATOMUSDT (COSMOS) 1D ₿ : 13.Oct.2021Well, as we can see, the price is correcting, if the price can close above $ 36 and then break the dynamic resistance, it can grow to the desired level ... the first target is $ 45, the second target is $ 49.72 and the target is The third is $ 55.46 ... The next targets will be updated after these targets will reached ...
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 13.Oct.2021
⚠️(DYOR)
AtomThe atom is at a very important point and two important supports on it, which if stabilized will go up to the end of the flagpole, which is 34%, and if it breaks this support and stabilizes down, it will be our loss. But we have a new scenario that says it has to move up unless the whales are naughty.
RSI is also supported at the support point.
Wyckoff Accumulation Schematic #2 - Template - ATOM/BTCAmazing example of a Trading Range following Wyckoff Schematic #2.
In an accumulation range there is a equilibrium of Sellers & Buyers causing price to move sideways but unknown to many the large operators are slowly absorbing all the Supply of the asset eventually as sellers become exhausted it pushes the asset into a Demand phase where price increases rapidly.
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For more information check out Stockcharts.com, Wyckoff Introduction & Tutorial for beginners.
school.stockcharts.com
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See my last Bitcoin Wyckoff Accumulation chart (Schematic #1):
FOAM log channel residence retestFOAM has been moving in a log channel since 2020. The price action within the channel moves in the same pattern over and over again. Foam has so far always formed cups which have been followed by approx. 235% short strong pumps.
I am a long term investor in FOAM
Cosmos(ATOM) | Trading PlanHello, everyone!
REWIEV
This is the new blockchain which aims to eliminate the disadvantages of proof-of-work protocols.
The Cosmos’s other aims include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps.
FUNDAMENTAL ANALYSIS
Product 9/10
In my opinion Cosmos is a fundamentally strong. It has a nice development and many updates.
Tokenomics 7/10
Cosmos has the circulating supply 80%, so there are no supply shocks anticipated, but it has no maximum supply and additional tokens is going to be issued as a network reward.
Partnerships 5/10
Cosmos has the famous partners: Binance Chain, OKChain from OKEx, Terra Protocol. Not so good, but I can mark this point with 5 of 10.
Exchanges 10/10
All main and many small exchanges listed ATOM token.
Market Information 3/10
I don’t like the fact that this token made just 35X from it’s all time low, moreover it has the high market capitalization. Taking in account that the product is really amazing, ATOM can make 2-3X from current prices, but risks are very high.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
ATOMUSDT SHORTAccording to the analysis, ATOMUSDT will probably reverse after a strong bullish movement. As we can see, we got short signal from the two indicators used for the analysis. MACD line cross below the signal line and this is usually interpreted as a sell signal. In addition, ADX shows us the trend is strong. Nevertheless, we need confirmation of our assumption before opening a short position. Therefore we should wait for the price to break the support and retest it as resistance. In conclusion, the rejection at the resistance will be our entry price.
no financial advice
ATOM is in the correction waveCHART 4H
Based on Japanese Candles, we have the second test MA50 but price can't close above MA50 within a huge volume. Besides, RSI has a negative signal.
I think that is bad for ATOM next week.
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CHART 1H
Seem ATOM is in a correction wave ABC with wave C is progressing.
I think that is a flat wave because wave B is done nearly the beginning of wave A.
If that's true, wave C will done at around 28.5
Let's wait and see
$ATOMCosmos, a decentralized, peer-to-peer network that enables data exchanges between blockchains, was the front runner, as its atom token gained 23% on Thursday to stand at $40.38 at 06:13 a.m. ET.
ATOM was one of the biggest gainers in the overall cryptocurrency market strengthening by nearly 24% as investors cheered the news of China’s Evergrande committing to pay off its debt, and enjoying the support of interesting fundamental developments.
At the time of writing, ATOM/USD is trading around $39.82.
One of the key factors driving up the price of ATOM is the increased trading activity among investors.
There’s a steady uptick in Cosmos’s trading volume over the past one month and a corresponding increase in its price, barring the slight dip earlier this week when the overall mood in the crypto market had turned bearish.
For me, I’ve personally been piling in quite a lot of cash over the past couple weeks.
When we move from the fundamentals to the technical side of things you can see ATOM has formed a huge cup on the daily with price recently break above all time highs and then retest price to see if previous highs will act as support.
This is something you should keep on your watchlist.
I’m bullish.
- Factor Four