ATOMBTC | Triple bottom and breakout possibility

Mar 17, 2020

At 1H timeframe chart we can see the price action in the Triangle. The first attempt to breakout was made in a local upward movement in a smaller triangle pattern. However there was not enough trade volume and long power support, which is represented by Ichimoku clouds attraction below price action zone on 15th of March.

Currently ATOMBTC formed a triple bottom pattern and accumulated for a bounce, moreover Ichi is now acts like a support and attracts the price action to the higher zone which can result in a massive breakout in the short-term

Entry zone, targets and stop loss are presented in the Premium and Basic channels. You can find Basic channel link in the signature below

Mar 19, 2020

Trade closed: target reached

Reached our 1st target in Premium channel which was 0.000343

Current profit: 3.93%