#ATOM Launchpad Coming Soon
https://blog.cosmos.network/launchpad-a-pre-stargate-stable-version-of-the-cosmos-sdk-e0c58d8c4e24
https://blog.cosmos.network/launchpad-a-pre-stargate-stable-version-of-the-cosmos-sdk-e0c58d8c4e24
Medium
Launchpad — A pre-stargate stable version of the Cosmos SDK
Introducing Launchpad, a release series of the Cosmos SDK that aims to be a stable milestone for Cosmos SDK-based blockchains to use until…
#ATOM is being bounced off the strong support around $8.73 - $9.13. forming a inverse head & shoulder pattern and also reached the bottom of the channel . Price breaking above the $10.85, will open the gates for potential upmove till $12.25 and above. Take you entries depending on market conditions.
#ATOM nearly reached out the Strong Resistance line from Daily TF. Price barely printed a new Higher High and moving below the structural support around $12.94 - $13.10. If price breaks and close below $12.78, then that will be good volume based entry. Alternatively, wait for the buys setups to appear.
#ATOM is kinda forming the the triangle pattern and overall market is ranging a bit. We marked the clear area for potential entries. Take the risk accordingly and targets will be the nearby zones.
#ATOM broke the trend line and retested it, and now it is on a great springboard. You can buy in this area and hold until it reaches the $13.500-$13.400 resistance.
#ATOM
The price has reached the resistance level of $12.060-$12.600 . If this level is broken successfully, the price can pump up to $17.
The price has reached the resistance level of $12.060-$12.600 . If this level is broken successfully, the price can pump up to $17.
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The price of #ATOM⚛️ has broken the upward trend line. After the failure, it fell by more than 30% and reached the support level of $7.660-7.660.
according to the continuation of the downward trend of the market in the short term, there is a possibility of reducing the price to the bottom of the descending channel that was formed recently.
If the price reaches the bottom of the channel, it will reach the important demand area of $6.1, and there is a possibility of price support from this area.
according to the continuation of the downward trend of the market in the short term, there is a possibility of reducing the price to the bottom of the descending channel that was formed recently.
If the price reaches the bottom of the channel, it will reach the important demand area of $6.1, and there is a possibility of price support from this area.
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#ATOM has been trading within a descending channel on a daily timeframe. Throughout this formation, the price has consistently respected the trendlines. We anticipate a significant breakout due to the recent push #ATOM received from a successful retest of the channel's lower support.
If price can break above the descending resistance, supported by the liquidity at $7.660, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.
Should the current resistance hold, we might see a retest of the support zone at $5.130. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move.
If both support levels fail, #ATOMUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move.
If price can break above the descending resistance, supported by the liquidity at $7.660, we could witness a strong bullish move. This breakout would signal a potential trend reversal and align with our bullish outlook.
Should the current resistance hold, we might see a retest of the support zone at $5.130. This could provide the necessary rally for a breakout. You need to watch for signs of strong buying interest at this level as an indicator of a potential upward move.
If both support levels fail, #ATOMUSDT could face increased bearish pressure, leading to further declines. In this scenario, monitoring lower support zones becomes crucial to gauge the extent of the downward move.
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