Hello,we completed the pattern and bounced off the weekly support with liquidity. Very often after the completion of the pattern, the market turns around and gets back to the pattern again.Good Luck
Welcome to this quick REENTRY ATOM / BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- ATOM/BTC Triangle pattern create and retest and the buy the dip and retest green zone
Entry:- reentry buy green zone
Traget:- 20% to 25%
Stop loss:- 0.0008770
Remember:-This is not a piece of financial advice. All...
Atom had been breakout from triangle trend but we still wait for the big pump after retest to the support and now it's the time. But if it fail to break up then prepare for the worst case that atom still on bear trend
ATOM / BTC
Nice pump after reaching new low against BTC pair
It already broke long downtrend falling wedge
Now try to breakout and flip strong weekly resistance into support .. BTC Dom in decrease can help the bull
you can accumulate atom after breakout of this resistance
Best wishes
Pattern: Channel Up on 1D.
Signal: Buy either if the price breaks the -0.3 Fib or approaches the 1.5.
Target: 0.0008.
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via...
ATOM/BTC is forming a BULLISH DOUBLE BOTTOM !
There is also news at the end of this month.
Let's see if ATOM will make a move..
BTC must behave for this pattern to play out..
Trade safe my friends...
BINANCE:ATOMBTC
BINANCE:ATOMBTC has clearly broken out of down trend and W Bottom pattern.
Conquered main hurdle of EMA200 now testing EMAA300 (grey line).
Volume is looking impressive with Ichi Tk Cross and kumo twist is taking action.
Rsi is Bullish Macd is bullish while BINANCE:ATOMUSDT is already bullish .
Pattern: Channel Down on 1D since January 2020.
Signal: Bearish as the Support broke and the MA20 crossed below the MA50.
Target: 0.00020 (potential Lower Low of the pattern and Gap Fill).
ATOM/BTC
ATOM broke key trend-line support at 5300 sats area and closes below it with an engulfing bearish candle.
The price could drop further down below to 0.32 - 0.5 Fib levels before a potential relief rally to the upside.
If you are looking for Short Trades, you can place orders when ATOM retest and rejected
at previous trend-line support turning into new...
ATOM/BTC
ATOM is on a bearish pattern, bearish RSI and currently right at the strongest resistance the 0.618 Fib. It is no longer safe to play the Long position at this stage especially since the price is already approaching the apex of the pattern which typically ready for breakout or reversal. If you are going to play Long, make sure you have tight stop-loss to...
Pattern: 1D Rising Wedge.
Signal: Bullish if the RSI hits 45.000 or if the green line (0.000425) breaks.
Target: 0.00053 (just below the 1W Resistance).
