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Cosmos

ATOM - Ascending ChannelAssuming trend continues for COINBASE:ATOMUSD . Great entry before next push to the upside. Possible +65% return on hold. * Below 200 MA on the 1H time frame; great entry price! * Above 200 MA on the 2H chart for support. * Above 120 MA on the 2H chart for support. * Trading inside ascending channel since beginning of Feb 2021. * After hitting next target high, may crash as low as $25.29. Labeled on chart. * Measured Support/Resistance at: - 21.82 - 22.86 - 23.59 - 24.32 - 25.23 I'm still very bullish on ATOM. It didn't get a strong push to the upside after Stargate upgrade as expected but the possibility is still there. When comparing market cap to BINANCE:DOTUSD , I believe ATOM is still very undervalued. This is one to watch out for and now may be our last chance for entries below $22. It' does not pump and dump like the other alt coins. The slow and steady growth is great for long term. The consistent price action inside ascending channel is undeniable. Good luck trading!
COINBASE:ATOMUSDLong
by UnknownUnicorn10818982
2
💡 Don't miss the great buy opportunity in ATOM/USDTTrading suggestion: . 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. Technical analysis: . 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 support. . The RSI is at 44. Take Profits: TP1= @ 22.93 TP2= @ 23.65 TP3= @ 25.15 TP4= @ 26.50 TP5= @ 29.05 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
22
💡 Don't miss the great buy opportunity in ATOM/USDTTrading suggestion: . 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. Technical analysis: . 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 support. . The RSI is at 44. Take Profits: TP1= @ 22.93 TP2= @ 23.65 TP3= @ 25.15 TP4= @ 26.50 TP5= @ 29.05 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
5
Cosmos (ATOM) - February 16Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You need to make sure you get the support at point 22.489. If it falls, you need to make sure you get support at 21.071. We have to see if we can get support at 22.489 and move above the 25.240 point along the uptrend line. If you fall from the 21.071 point, you can touch the 15.512-16.902 range, so you need to trade carefully. If it falls between 15.512-16.902, a short stop loss is required. The next volatility period is around February 22nd. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator published by oh92. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto
1
Cosmos (ATOMBTC) – Coin of the WeekThis week’s coin is Cosmos. Cosmos aims to offer an antidote to “slow, expensive, unscalable” proof-of-work protocols, like those used by Bitcoin, by offering an ecosystem of connected blockchains. The project’s goals include making blockchain technology less complex and difficult for developers thanks to a modular framework that demystifies decentralized apps. Technically, we started this year with an up move that began at historical lows for the coin and stopped at 0.00046 BTC. Although we expect the bullish trend to continue, we now expect a corrective move that would fuel the next leg up. We anticipate the price to correct at least to the blue trendline before we reach for the skies again. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Short
by financialflagship
8
💡 Don't miss the great buy opportunity in ATOMUSDT Trading suggestion: . There is a possibility of temporary retracement to suggested support line (15.6). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . COSMOS/USDT ATOMUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 17.00 TP2= @ 18.00 TP3= @ 19.00 TP4= @ 20.50 TP5= @ 22.30 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
20
💡 Don't miss the great buy opportunity in ATOMUSDT Trading suggestion: . There is a possibility of temporary retracement to suggested support line (15.6). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . COSMOS/USDT ATOMUSDT is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 17.00 TP2= @ 18.00 TP3= @ 19.00 TP4= @ 20.50 TP5= @ 22.30 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10
Cosmos (ATOM) - February 9Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- You should watch for any movement that deviates from 13.547-15.218. If it falls, you need to make sure you get support in the 12.990-13.547 range. If you fall from 12.990 point, you can touch 10.763 point, so you need to trade carefully. If it falls between 10.206-10.763, a short stop loss is required. However, since the gap from your current location to 10.206 is large, you need to think about how to respond in this section. The next volatility period is around February 19th. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Hence, the interpretation is the same as the conventional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closed price G2: Market price at the time of opening (Example) Gap (G1-G2)
by readCrypto