ATOMUSDT trade ideas
ATOMUSDTThe price can grow from the specified range. Do not enter without the trigger
It is only a prediction and possibility and should not be based on anyone's decision...
ATOM is at the MAJOR SUPPORTATOM is at the monthly support rn. We can see strong bounce in middle term.
ATOM - Only pointing down
The analysis is pretty straightforward:
- Gray trendline was broken, but there was no follow-through and it is currently support.
- Green trendline holding price to the downside
- No RSI divergence
Therefore, the higher probability points to another lower low, targeting $7.
ATOMUSD ❕ descending wedgeTD Sequential formed a reversal signal up (4H TF)
Price and RSI chart formed a convergence (30m TF)
I believe the asset will rebound if it holds the current support.
ATOM/USDT nice potential for bullish movement! Hey traders 👋
ATOM coin is next on our watchlist. Well we won't keep it long here as everything is displayed on the chart!
Good chance for a "double bottom" pattern to form here - but we need a bullish momentum near second leg in order for this pattern to work! Waiting....
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We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
#ATOM/USDT breaking the Falling Wedge Pattern in 4-Hour TF!Wait for PDH $8.6 BO to open a Long. The support level is PWL $8.360.
ATOM has a very good opportunity Hi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 190 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
ATOM USDT PERP Hello Trader BINANCE:ATOMUSDT.P
in the area of the 1-hour support point
it can be scalped for short-term
short term because the fear is sustained bearish
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Disclamer: Not Financial Advice
2 scenarios on price action of ATOM/USDT2 scenarios depending on weather price ascends past or is rejected from $8.826/USDT. Price to the upside looking most likely given BTC's action as of late.
#ATOMUSDT#LQR #TOBTC #LaqiraProtocolSupport and resistance are obtained from the confluence of static levels and fibulations. After confirming and matching with Bitcoin levels, you can open a position this analysis is not a buy or sell offer.
ATOMUSD ❕ fixed under the supportATOM has fixed under 50EMA on the 4H TF.
RSI is moving in the bearish zone.
I expect the decline to continue.
Cosmos shortCosmos broke trough the support level. Asset broke trough the ascending trendline. Bearish movement to support level at 8.28 is possible.
Atom/usdt possible longThe daily level confluences with the golden gap or CC of the .618 and .66 fib levels that will be a very strong support for our entry to targer the above weekly and monthly levels.
I think it will be reclaiming the above daily levels before retracing to our entry.
Setup as follow:
Entry: 8.228
SL: 8.094
TP: 10.894
ATOMUSDT growth is not expectedHello everyone! According to ATOMUSDT, the thoughts are as follows: the coin has been in a downtrend for a long time and a trend change is not expected. Therefore, on smaller timeframes, I tried to catch further price movement, of course downwards. At the moment, the coin has drawn something similar to "head and shoulders", although it turned out to be two heads. In any case, there are very good chances after such a pattern to go at least to the past minimum values of 7.2
ATOMUSDT Long/Short (Just an IDEA)Atom will head towards the Immediate resistance are @ 9.2-9.3 area, a strong breakout from the resistance can lead ATOM to hit 10.5-10.6 Area..
This is just an IDEA, Plz DYOR n its NAFA
Thank You
ATOMUSDT is testing the key levelBased on the provided information, the price of ATOMUSDT has recently grabbed new liquidity below the $9 area, and subsequently, it has retraced to retest the weekly support level. This movement suggests that there is a potential accumulation phase happening, with buyers showing interest in the asset at lower price levels.
If the price manages to break above the daily resistance at the $9.3 area, it could signal a bullish breakout according to Plancton's Rules. A bullish breakout occurs when the price surpasses a significant resistance level, indicating a potential shift in market sentiment from bearish to bullish.
According to Plancton's Rules, in this scenario, a new long position is suggested. A long position involves buying the asset with the expectation that its price will rise. By initiating a long position after the breakout, traders aim to take advantage of the potential upward momentum and price appreciation that may follow.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Im Back!It has been a while since I last posted, and I'm thrilled to be back! I'm trying to get my old skills back haha.
My First Analysis will be for ATOM/USDT.
ATOM: Waiting for a BUY positionDisclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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ATOMUSDT: Falling WedgeATOMUSDT: Falling Wedge
ATOM may exit the falling wedge upwards. This pattern is a bullish pattern that usually leads to higher prices.
Target 1 - 9.1700
Target 2 - 9.2672
Target 3 - 9.3836
Target 4 - 9.5114
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Range Trend and Growth Signals at $10.6 ResistanceOver the last month, ATOM has been following a range trend, where its price has consistently reacted whenever it reaches the resistance of the downward trend line. This indicates a lack of demand in the $10.294 range. Previously, we identified a potential support zone around $8.648, which the price has not yet reached.
To anticipate potential price movements, we should pay attention to a few factors. Firstly, if the price does touch the support zone and shows a positive reaction along with signs of a trend change and positive divergence on the Relative Strength Index (RSI) in the 4-hour and 1-hour timeframes, there is a likelihood of the price increasing towards the resistance level of $10.6.
However, if the $10.6 resistance is not overcome and the price breaks below it, there could be further declines, potentially reaching the next support zone around $8. This particular support level is situated at the bottom of the second ascending channel, which might prompt a favorable positive reaction.
In the event that the price bounces back from the $8 support zone, we could expect a price growth of at least 30%.
Regarding the RSI level of ATOM at the daily timeframe, it is currently at 42. The Relative Strength Index (RSI) is a technical indicator used to assess the momentum of an asset's price. An RSI level of 42 for ATOM suggests a relatively neutral position, indicating that the cryptocurrency is not oversold or overbought at the moment. However, investors should closely monitor the RSI in conjunction with other technical signals to make more informed decisions about potential price movements.
