Paradigm9
Long

Atomic Supersonic Blaster Ascending Triangle and Virgin Trend

KRAKEN:ATOMUSD   ATOM / USD
Ladies and gents we have a confirmed ascending triangle on a close above 5.20 today. We also have a virgin trend on our hands.

Entry: Buy as much as possible between 6.10 and 5.20

Target 1: 7.50
Target 2: 8.90 ( ATH )

Add, cut, close at the ascending triangle measured move target of 7.50

Add, cut close on successful consecutive closes above ATH . (virgin trend)

Close 20 day lows or lower high lower low

Stop out of prelim position on a close below 4.10
Comment: Note, this idea requires a daily close above 5.20 to be valid
Trade active: Entering position at 5.70. Will buy down to 5.20.
Any update? Here is ours, how do you think about it?
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Paradigm9 Safe_Signal
@Safe_Signal, I think it looks great. Charting it as an ascending triangle on kraken makes more sense to me, though.
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Paradigm9 Paradigm9
@Paradigm9, Either way, it works.
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