Atom currency
From the volume point of view, the price to volume ratio is low, the purchase volume is high, so it can be said that the banks are making high purchases, but from the point of view of the bank price, it has not yet reached the desired price of the banks.
The price of banks to buy this currency is 18% lower than the current price.
So what we are...
----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price...
Pattern: Fibonacci Channel on 1D.
Signal: Buy as the price broke above the previous Higher High, after bouncing off the 1D MA50 (blue trend-line) with the LMACD on a Bullish Cross. This combination of factors has previously resulted in a very aggressive rally within the pattern to a new Higher High.
Target: $130 (just below the 2.0 Fibonacci extension).
**...
Atom move high to fast and now we have a two choice that atom will be continue to reach ATH this month/year, Or this is the highest price and make correction in few days latter. So we now just watch the trend is going sideway, then we'll wait until make a new trend that is uptrend or downtrend after this sideway. now we've wait and see and prepare for next trend
Pattern: Fibonacci Channel on 1D.
Signal: Buy as the current RSI sequence is an indication that ATOM is repeating the July-August 2020 bullish leg within the Channel that made a new Higher High.
Target: 40.00 (the 1.618 Fibonacci extension).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
ATOM's rapid rebound from March 2020 gave the token a new historical high $8.9. Buyers managed to fix this mark on 24 August.
The token active growth began in fact from the beginning of July. For two months, buyers confirmed their faith in the coin by their volumes.
We would like to note the range $5.5-5.75, where the price obviously slowed down both during...
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).
