level for which to hide the stop
there was a breakdown on the 1 timeframe:
if we don't keep it at that level.
We have a level 2543sat waiting for us.
Friends, thanks for your likes and comments!
Good luck with trading!
After being punctured and anchored above the level
You can buy and hide the stop at the level.
as the likelihood of a fall in the dominance of bitcoin in the market is high, growth prevails over the likelihood of a fall.
ATOM/BTC dont have a profit/loss factor trading,
For us to enter a position we always have a stop loss value, and for that our target has to be at least twice as much as our stop value, that is, for us we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk.
For atom we can see that the...
I think the correction is over.
We touched support line of trend channel and start growing with volume
Yesterday was the news of adding ATOM to Binance Futures
I have this coin in my long-term portfolio
Best regards EXCAVO
At 1H timeframe chart we can see the price action in the Triangle. The first attempt to breakout was made in a local upward movement in a smaller triangle pattern. However there was not enough trade volume and long power support, which is represented by Ichimoku clouds attraction below price action zone on 15th of March.
Currently ATOMBTC formed a triple bottom...
We need to be really careful here on ATOM/BTC. A very clear descending triangle is forming here, giving us very bearish signals.
The intuition behind a descending triangle is that there is a support zone at the bottom, with multiple attempts to break the support. After every bounce, the bulls slightly decrease their power. At some point the bears break through...