ATOM/ USDT short term analysisIf BTC's trend sustains, The target rectangle will be crossed within no time.
NOTE: This is just for analysis purpose. No financial suggestion
ATOMUSDT trade ideas
ATOMUSDT long Atom USDT long breakout in 1day tf and a successfull retest.
also a bullish divergence(mistakenly not drawn in chart) can be seen from 11July to 7 August
Target 1= 17, Target 2= 25, Target 3= 32
Atom Is Set To Rise Drastically In Coming Days23% retracement is the key level to watch. It has done its retest after touching it first now all set to go for 50% retracement of the high.
ATOMUSDT Analysis in 4H Cosmos is rejected by it's above trend-line every time it tests the trend-line. It is now in a tight consolidation between the trend line as resistance and the below horizontal line as it's support near 10.800. If it breaks the trend line with a good volume we can see a bullish move.
Atom - Bearish Structure Lower Highs | Head & Shoulder?Debatable Head and shoulder pattern on hourly chart.
But, The structure looks Bearish. Invalidation if lower high structure is broken.
$22 is the base, Below that we can see 10% move downwards.
Symmetrical triangle chart pattern A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
Symmetrical triangle chart pattern A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend.
💡 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
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💡 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
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💡 Don't miss the great buy opportunity in ATOM/USDTTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (10.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. COSMOS/USDT ATOM/USDT 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 70.
Take Profits:
TP1= @ 12.70
TP2= @ 13.75
TP3= @ 15.70
TP4= @ 17.85
TP5= @ 20.25
SL= Break below S2
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in ATOMUSDTTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (7.15).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ATOMUSDT is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 8.80
TP2= @ 10.10
TP3= @ 11.17
TP4= @ 12.25
TP5= @ 13.78
TP6= @ 15.70
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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ForecastCity English Support Team ❤️
Atom bullish nowAtom/usdt price above 50and 100 ema now so now its going up nicely
price may be touch 6.5$ to 7.0 $ easily
ATOM USDT Long PredictionNext stop may be 5.56USDT and then 6.30USDT. Let us see what will happen. It is not an investment advice.
