ATOMUSD
ATOM/BTC TA Update (Bull Market?)ATOM/BTC
ATOM is on a strong uptrend with a series of Higher Highs and Higher Lows. Yesterday, it officially entered a Bull market after the 50 Day MA and 200 Day MA cross up.
If ATOM can find new support and build a new Higher Low between 4800 sats, a strong leg up is expected to reach the 0.618 Fib resistance.
ATOM/BTC (Up to 86% Profit Target)ATOM/BTC
Market structure is going up so we must trade
with the stronger dominant trend which is Bullish.
Highlighted below is the potential strong support
or next Higher Low to be established.
Trade setup
Buy area: 4000 Sats - 3600 Sats
Sell target: 5000 Sats - 7000 Sats
Stop loss: 3030 Sats
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ATOMUSDT formed a bullish BAT pattern | Upto 59% expectedPriceline of ATOM / Tether US cryptocurrency has formed a bullish BAT and it is entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic is oversold and did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets, and this time I have defined buying zone from 0.786 to 0.886 of X to A Fibonacci projection:
Buy between: 2.201 to 2.028
Sell between: 2.615 to 3.236
Regards,
Atif Akbar (moon333)
ATOMUSDT formed a bullish Cypher | A long opportunityPriceline of Cosmos / Tether US cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 2.541 to 2.502
Sell between: 2.571 to 2.643
Regards,
Atif Akbar (moon333)
ATOMUSDT formed a bullish Shark | Another good long opportunityPriceline of ATOM / Tether US has formed a bullish shark and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 2.955 to 2.874
Sell between: 3.034 to 3.20
Enjoy your profits and regards,
Atif Akbar (moon333)