Hi dear members, hope you are well and welcome to the new update on Automata Network (ATA) token with US Dollar pair.
Previously I shared a long-term trade setup for ATA, which is still in play as below:
Now on a 4-hr time frame, ATA has formed a bullish BAT move for anaother bullish reversal move. At the moment after the completion of the final leg the priceline is slightly moved up, therefore, we can wait for some price correction to catch it from the buying zone.
Buy between: $0.1853 to $0.1823
Sell between: 0.1941 to $0.2009
Stop loss: Below $0.1823
Possible profit ratio: As per above targets there is a profit possibility of upto 10% and a loss possibility is upto 2%.
It will be appreciated if you use my referral links to create new accounts on the below exchanges and trade with those accounts.
Please before opening the trade, make sure that the trade is still valid or not by clicking the play button on the chart.
In order to play and watch the current performance of the chart, you need at least a free account on tradingview. If you don't have then you can create one using the below link: tradingview.com/?aff_id=17746
There can be a probability that sometimes up to 4 out of 10 trades can be unsuccessful, therefore, It is advised to diversify, I personally open atleast 5 to 10 or sometimes more trades at a time, and strictly follow the stop loss, and don't get stuck with a trade. Best of Luck.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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