ATOUST trade ideas
ATOMUSDT is testing the weekly descending channelATOMUSDT appears to have recently grabbed new liquidity from the monthly support on the $8.7 area, creating a breakout that led to profitable trades.
Currently, the market is testing a weekly descending channel.
This channel represents a period of downward price movement that is bounded by two parallel trendlines.
We will be closely monitoring whether the price will be able to break above this channel, as this would suggest that the trend is reversing and that prices may continue to rise in the future.
At this point, it's important to wait for a clear breakout above the weekly descending channel before entering a long position. It's also important to keep an eye on the volume, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
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Follow the Shrimp 🦐
ATOM. $46.8A descending channel has been broken, lasting more than a year. Also, since June, an ascending triangle began to form with a probable target at a breakdown = $46.8. Curiously, the target when the descending channel is broken coincides with the target when the ascending triangle is broken.
ATOMUSTassalamu alaikum Friends the market is bullish from last 15 days and follow the dow theory and create higher high bullish trent
and here market create also some bullish candle stick like engulfing candle.
and stop loss is previous low
🔥 ATOM Looks Great: Bullish Retest Confirms TrendATOM broke out of a rising wedge pattern around two days ago. After reaching both my initial break out targets, it's time to take a look at the week(s) ahead.
After the break out, ATOM retested the top resistance of the pattern as support, which is classically seen as a bullish confirmation of the trend.
In my view, we're likely to see more bullish price action. I'm looking at the recent tops in blue for my targets.
ATOMUSDT | LONGATOMUSDT | LONG
Long Entry @ 14.785
StopLoss @ 14.155
TP @ 16.667
Candlestick pattern
Trendline
SupportResistance
✅TS ❕ ATOMUSD: broke up a channel✅✅ ATOM continues to move in the upward direction.
The price broke through the descending channel.
I think ATOM can continue to grow. ✅
🚀 BUY scenario: long to 15.62. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
ATOM RangesThese look like accumulation ranges to me, maybe they are, maybe they aren't.
I'm posting so that this will serve as a frame of reference going forward.
ATOM/USDT might for for upper zoneHey Traders!
Next one on our watchlist is ATOM coin. We noticed a nice breakout from triangle formation which did not lead BB or RSI into overbought zone. We see a good possibility for this coin to go for upper zones near $17.30 where we might see a pullback back to $12.50
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Disclamer:
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 Bearish OrderblockIn the daily time frame, I saw a strong bearish order block that we can enter a short position in the lower time frames after seeing the confirmation.
You can enter the short position using your own personal strategy.
ATOM/USDT Short IdeaATOM/USDT has confirmed a rising wedge.
sl:14.88
tp1:12.873
tp2:12.435
tp3:11.51
ATOMUSDDefinitely short...but who knows?
Bulls are trying to push price above 14,50usd but in my opinion they dont have any chance...rising wedge...
FED 's decision is so close...
ATOM(COSMOS) TO $20 #2023ATOM(COSMOS) BREAKOUT of downtrend
2023 shoub be a great year for the blockchain
atomusdtWe have a strong supply zone around $14.1 to $14.75.
Considering the weakening of the upward trend of this currency and macroeconomic data such as the determination of the interest rate by the Federal Reserve in the remaining hours of the day, I expect the price to rise to around $14.3 and then drop to around $12.5
