ATAUSDT trade ideas
$ATA Ready For Another Run?ATAUSDT has reached my pullback target at around $1.30, which is a 50% retracement and an area of previous resistance. This tells me that $ATA could see a strong push off of this level, potentially into a large wave 3 on broader timeframes. This coin definitely has a lot of potential. Good Luck!
ATAUSDT - Long - potential 31.12%ATAUSDT - Long - potential 31.12%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
0.43181 - 0.45460
Take-Profit Targets:
1) 0.47481
2) 0.53784
3) 0.59270
Stop Targets:
1) 0.39696
Entry Triggers- Oversold on RSI, good volume, smaller alts seem to be receiving volume as btc dominance decreases.
ATA 12h Hype patty near the delicious long buy areaThe previous idea on ATAUSDT worked out the first part of the forecast: a fall from $1.22 to $0.43
Who listened to our thoughts and bought in the $0.40-0.50 zone is a fine fellow.
We decided to update the idea in a larger timeframe to make it easier to view.
The most likely scenario is now a long-term consolidation in the shape of a triangle, where buyers and sellers will decide which of them is stronger and where the price should move.
As part of the consolidation, the price of ATAUSDT may rise first to $0.71 and later to $0.93
The situation on the chart may get negative if the ATAUSD price drops below $0.43 . In this case, the way will open for a fall in the cost of ATA to $0.23-0.25
Summing up, we can say that now the ATAUSD price is near an interesting zone for long purchases. If you buy ATA long on the spot, without leverage, then the stop is below $0.43-0.40 within the acceptable risk framework and the profit/loss ratio per trade.
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Long Opportunity on ATAUSDT3*2=7
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