"ATOM Rebounds: Fibonacci, EMA, and TD Sequential Signal Bullish Momentum"

Cosmos (ATOM) has shown signs of a potential rebound, with the TD Sequential indicator flashing a buy signal on the weekly chart. The price has retraced close to the 0.618 (61.8%) Fibonacci level, a common point for reversals. This, coupled with the recent upward movement, hints at strong support at this level, increasing the likelihood of a rebound.

Fibonacci retracement levels play a crucial role in identifying support and resistance zones. ATOM's price retraced to approximately the 0.618 (61.8%) Fibonacci level, a common point for reversals. This, coupled with the recent upward movement, hinted at strong support at this level – Increasing the likelihood of a rebound.

The Exponential Moving Average's (EMA) crossover further strengthened this bullish outlook. The 9-period EMA crossed above the 26-period EMA – A sign of increasing upward momentum. Such a crossover typically means a potential price hike, reinforcing the hypothesis that ATOM may continue its upward trajectory.

The TD Sequential indicator flashed a buy signal on ATOM's weekly chart. In fact, this indicator predicted trend exhaustion and potential reversals for the altcoin. A buy signal at this stage means that ATOM has reached a point where selling pressure has diminished, making way for a possible price surge. The alignment of this signal with other technical indicators can be further used to validate the bullish sentiment surrounding ATOM.

Market signals indicate a shift in momentum. The chart revealed notable spikes in long liquidations around the 0.22% and 0.26% levels. Such spikes often indicate that traders have been forced out of their positions, leading to temporary selling pressure, followed by price recoveries. At the time of writing, the liquidation level stood at 417.81 – Relatively low compared to previous spikes. This suggested that the market is not facing significant selling pressure from liquidations at this moment, reducing the likelihood of a further decline and supporting the case for a smoother price hike.

Finally, the Bollinger Bands, a key volatility indicator, provided further confirmation of a potential price rebound. ATOM, at press time, was close to the lower Bollinger Band – A level that often acts as a support level. Such a positioning suggested that the price might bounce back. Additionally, the Bollinger

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