Technical update for coin
$ATOM —big daily breakthrough and we’re aiming at the next target 🚀
The
$ATOM is delivering a very impressive technical performance today, with liquidity accelerating after I fully changed its direction. I merged the frames.
The bottom line: 🔎
🟢 Daily timeframe: Today’s candle made an excellent breakout above the heavy EMA 99 at 1.578, and it’s stabilized above it—this is a strong sign of a shift in the overall trend in favor of buyers, after a long accumulation journey from the bottom at 1.212.
🟡 4-hour timeframe: A strong, clean uptrend, supported by the yellow SAR points that are now under the candles. Even though the RSI has surged to 84, the movement still has the same momentum.
🔵 15-minute timeframe: The price made a healthy, quick correction to “cool off” the indicators, then successfully bounced above the EMA 7 and EMA 25 lines, with RSI at an ideal 60—meaning the moment is ready to move.
💡 Spot trade plan:
Confirmation condition: a complete and steady 15-minute candle close above the 1.675 level, to ensure the current choppy range is fully cleared and then continuation toward the top.
Entry price: between 1.670 and 1.685.
🎯 Targets:
First target: 1.720
Second target: 1.800
Main target: 1.900
🛑 Stop loss: 4-hour candle close below 1.580.
The move is fast and the condition is clear—stick to risk management… and good luck to everyone 💸🤲
#ATOM
#Cosmos #Binance #تحليل_العملات_الرقمية #CryptoAnalysis #ATOMUSDT