ATOM to $60

On the above 2-day chart price action has corrected almost 90% since the year began. A number of reasons now exist to be long, including:

1) The ‘incredible buy’ signal prints.

2) Price action testing past resistance as support.

3) 1 & 2 is also true for the 3-day BTC pair (below).

4) ATOM price action finds itself on the ‘what if’ list. I don’t know how, but that’s the fact of the chart.

Is it possible price action falls further? Sure.

Is it probable? No.

Good luck!

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: 4 to 7 months
Return: 10x


3-day BTC pair

Comment:

Don't know why I went all Heikin Ashi on those charts. Here is the 3-day with normal candles:

Trade active

Comment:

Something just noticed on the weekly BTC pair. A bullish engulfing candle on a 'great buy' signal, how can you ignore that?

Trade active:

don't let these moments pass you by

Comment:

Up 20% since signal

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Would you like to know where the first resistance is? Get this idea up to 100 likes then!

Comment:

Up 50% so far and about to move up a whole lot more. Anyone else want to play with cupcake?

Comment:

Up 90%, not bad. Almost at the first resistance test point, $12.40

Comment:

3hr chart, is this a good time to buy? You tell me ;)

Trade active:

Currently up 80%. A new 70%+ move is coming to just over $18.

2-day chart. A life cross is printed with price action finding support on the 2-day/50-day moving average. All good.

Trade active

Comment:

Correction to $11.30