ATOM is up over 12% today. Hard stop at previous resistance. This should be a level where traders take profits.
3 - 1 trade and if we dump to back test the vpvr that will be a lot more than a 3 to 1.
BTC is showing signs of a possible pullback as well after breaking a local supply line.
Lots of bearish harmonics on atom lower time frames but there is no edge for seller exhaustion. Time will tell.
very tight stop loss very low leverage.
I painted a possible butterfly harmonic which would take us to retest the vpvr and then break all time highs. Stay tuned.
3 - 1 trade and if we dump to back test the vpvr that will be a lot more than a 3 to 1.
BTC is showing signs of a possible pullback as well after breaking a local supply line.
Lots of bearish harmonics on atom lower time frames but there is no edge for seller exhaustion. Time will tell.
very tight stop loss very low leverage.
I painted a possible butterfly harmonic which would take us to retest the vpvr and then break all time highs. Stay tuned.
Comment:
bulls got rekt today. sniper entry on this one. GG boys