ATLAS possible S/R flip with the metaverse hype. Good buy close to the marked area, stop below for a minimal risk long term hold bag. Metaverse hype will continue till the EOY as I see it with the incoming new projects. Embrace the market and hop on the train!
Seems like RSI is grossly oversold (at 18.5),
Volume is finally starting to grow again and...
Main target matches up with 38.2 fib level and VWMA20.
Pretty sweet set-up. Looking to double up on this one, taking 1/4 of position off the table at +25%
Stoploss: @ $0.0585
$ATLAS shaped a Shark pattern that can complete around $0.096.
so price of this #metaverse token may have more drop to that price and may not, breaking out from $0.143 can cause pump to $0.32.
and if price break down from support zone, next support is around $0.072.
ATLASUSD Harmonic Pattern, with 12h bull div on RSI and MACD Histo at .886 Retrace, from September Low to end November High. Easy to manage Risk at these levels and if it breaks the support at .072-0.078 its over for Atlas, at least from a TA point of View.
For a trade entry, one would wait for a second confirmation low but for people accumulating its def at...
Atlas has broken the falling wedge and close the day above this level.
I believe that project will be precious in the future. Cause of that; i've started to buy Atlas item's on its website.
Price is going to be 1$, in the long term i think.
As the chart; if we make daily close above 0,23$, we'll see 0,4$ quickly!
If you like my charts, you can support me with...
For the Atlas Just Wait to Break the Yellow Area and after pullback you can buy it and enjoy the ride , but dont trade bellow this area and always watch btc moving there , hope you have good trading , NOT FINANCIAL ADVICE