Here is my projection for ATOM/USDT.
We are currently in the correction wave (2), the first stop of 0.5 Fibonacci has been hit and if we were to dump even more, the second buy target is 0.6 Fibonacci with a price around $22.
The first target will be around $90.
Signal Group in BIO
ALWAYS USE A SL !
Pretty clean iHnS pattern on the 2H TF:
Broke out, retested the neckline and bounced on the 4H 50MA.
Best entries: 28.762 - 30.256
Max leverage: 2
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Trade at own risk (of...
I have created a private indicator in TradingView, and for Atom the signal just flashed on the 4H.
Buy signal at 28.981
Target1 : 35.430 (fib retracement 0.5 - 0.618)
Target2 : 42.124
Stop loss : 26.694
This is not a financial advice, this is for my own learning purpose.
Will we see the result in the near future(1-2 weeks).
Atom is in consolidation mode after reaching all time high in 20th September. Recently completed cup formation and now moving in decreasing channel and holding major support region ($30-$31). keep an eye on channel breakout and retest confirmation, then you can open long position for possible targets (red zones) given in the chart. Spot entry might be good right...
ATOM is forming a systematic triangle and its breakout soon. best thing is that to buy after breakout and you can buy here and add more at dip more more profit.
Target 1: 36.5
Target 2: 37
Target 3: 38
Target 4: 39
Target 5: 42 (mid term)
Target 6: 46 (long term)
STOP LOSS: 32
Have a nice day and enjoy your profit.
I am seeing a potential great setup on ATOM once we have a clear pullback from this pump. Make sure the RSI is below 20 level or as close to that level as possible before you go long!
Not financial advice but for educational purposes only! Always do you own diligent research!