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
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...
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
$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.
hey traders, there is Atlas, we want to close above the blue line for 1D bar to get the green lines (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
metaverse & games are trending now so?
trade carefully guys and don't forget the risk management.