UPDATE: ATOM UP 367% after bull signal - What Next?
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UPDATE: The price jumped 367+% after the bullish Supertrend Ninja signal in Jan 2021. And 262% in Aug 2021. The Supertrend Ninja also predicted the heavy Covid drop of 75% in Febr 2020. Big drops of May 2021 and Nov 2021.
On Christmas ATOM got another bullish signal of the Supertrend Ninja. First it started with a correction, falling exactly on the support level on 26.60 USDT. Where it bounced back up. Right now it's finding resistance from an orderblock. Get pas this, we will find resistance around 43.40 USDT.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
UPDATE: The price jumped 367+% after the bullish Supertrend Ninja signal in Jan 2021. And 262% in Aug 2021. The Supertrend Ninja also predicted the heavy Covid drop of 75% in Febr 2020. Big drops of May 2021 and Nov 2021.
On Christmas ATOM got another bullish signal of the Supertrend Ninja. First it started with a correction, falling exactly on the support level on 26.60 USDT. Where it bounced back up. Right now it's finding resistance from an orderblock. Get pas this, we will find resistance around 43.40 USDT.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are drawn using the indicator 'Yo Show Me Some Support - and Resistances'. Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script Trailing Stoploss Bottom Activation indicator, visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
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Disclaimer
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