5 waves down here we are about to hit a possible 1.618 wave 3 that doesn't mean it cannot go past 1.618. If we see support here not a bad idea for a play for a possible 50-80% depending on how the wave 4 retrace we get .
long near 1.618 area sell longterm. wait for confirmations
Fundamentally, it wouldnt be wrong to say that ATOM is parent of Binance. It is one of the least talked about top coin, just like LINK was before it moved exponentially.
For now, accumualte in the green box, with targets at 30-50-80% and stop on daily closing below 3.5.
Technically, this is our first week try to stay above the thickest channel's median gray which shows the highest support/resistance strength
According to the first 3 arcs and the breakout candle we still have to go higher up to $8.2
Current pattern might be the same arcs kind of cup-and-handle figure that if we'll see another breakthrough $7.2 candle we...
Ladies and gents we have a confirmed ascending triangle on a close above 5.20 today. We also have a virgin trend on our hands.
Entry: Buy as much as possible between 6.10 and 5.20
Target 1: 7.50
Target 2: 8.90 (ATH)
Add, cut, close at the ascending triangle measured move target of 7.50
Add, cut close on successful consecutive closes above ATH. (virgin...
Pretty self-explanatory here. Triangle breakout on ATOMUSD.
Target at least $7.
Happens without news and BTC is going sideways... Traders are in on this one I assume.
Pattern: Triangle on 1D.
Signal: Bullish if the Triangle Lower High breaks (i.e. a Higher High is made) or if one Support is tested.
Target: 5.8450 (the 1D Resistance).
