ATOM to $60

Jun 15, 2022

On the above 2-day chart price action has corrected almost 90% since the year began. A number of reasons now exist to be long, including:

1) The ‘incredible buy’ signal prints.

2) Price action testing past resistance as support.

3) 1 & 2 is also true for the 3-day BTC pair (below).

4) ATOM price action finds itself on the ‘what if’ list. I don’t know how, but that’s the fact of the chart.

Is it possible price action falls further? Sure.

Is it probable? No.

Good luck!

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: 4 to 7 months
Return: 10x


3-day BTC pair

Jun 15, 2022

Note

Don't know why I went all Heikin Ashi on those charts. Here is the 3-day with normal candles:

Jun 15, 2022

Trade active

Jun 16, 2022

Note

Something just noticed on the weekly BTC pair. A bullish engulfing candle on a 'great buy' signal, how can you ignore that?

Jun 19, 2022

Trade active

don't let these moments pass you by

Jun 23, 2022

Note

Up 20% since signal

Jun 23, 2022

Note

Would you like to know where the first resistance is? Get this idea up to 100 likes then!

Jul 6, 2022

Note

Up 50% so far and about to move up a whole lot more. Anyone else want to play with cupcake?

Jul 21, 2022

Note

Up 90%, not bad. Almost at the first resistance test point, $12.40

Jul 26, 2022

Note

3hr chart, is this a good time to buy? You tell me ;)

Aug 19, 2022

Trade active

Currently up 80%. A new 70%+ move is coming to just over $18.

2-day chart. A life cross is printed with price action finding support on the 2-day/50-day moving average. All good.

Sep 9, 2022

Trade active

Sep 23, 2022

Note

Correction to $11.30