Long
$ATOR: Privacy narrative

$MEXC:ATORUSDT
If
ATOR keeps their promises this may become an important Token.
I am both an investor and a trader (please note I didn't use the word "good").
The investor is holding a bag of
ATOR no matter what & just in case.
The trader is looking for targets to accumulate, ladder selling & ladder buying.
Price successfully tested the channel after the breakout as support. If it rises further beyond $0.45-0.47 we could see a local blow off top.
I am taking partial profits at the red levels, planning to buy back lower later (targets not set yet).
If the price dumps NOW (without further rise) I am looking to buy around the green levels.
Is this the right time to buy? I don't know. If I wouldn't hold some
ATOR I would probably not be able to tame my FOMO and buy a small bag. I don't recommend to do what I am doing, I am just non compos mentis.
NFA.
If
I am both an investor and a trader (please note I didn't use the word "good").
The investor is holding a bag of
The trader is looking for targets to accumulate, ladder selling & ladder buying.
Price successfully tested the channel after the breakout as support. If it rises further beyond $0.45-0.47 we could see a local blow off top.
I am taking partial profits at the red levels, planning to buy back lower later (targets not set yet).
If the price dumps NOW (without further rise) I am looking to buy around the green levels.
Is this the right time to buy? I don't know. If I wouldn't hold some
NFA.
Note
Now the price has broken back into the channel as far as down to $0.36. It hit almost the median and is currently sitting at $0.41.
I don't like that. It could mean price could go down to the lower band of the channel and hit the $0.29 level where I will buy a M bag. If it convincingly bounces from there I will buy another bag (if volume comes in there I'll buy a L bag at the green zone, if it just bounces I might buy a 2nd M bag after it broke the median of the channel).
This rejection means price could easily break below the lower band of the channel instead of bouncing. In that case I expect volume to come it around the $0.13-0.20 zone where I will load up a L-XL bag (size related to the total funds I allocated to
Summary: Wait and see. If price breaks to the upside again it's bullish obviously, otherwise we'll see accumulation opportunities. At this very moment I tend to expect a little more downside. I am not buying yet.
NFA. Please do your own research. This trade is risky as all crypto.
Note
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.