ATOM.usd setup for possible 45% move: Strong Support Resistance
ATOM has been a laggard within the Alts herd.
But it maintains a bullish structure and direction.
Look for a dip to support below then possible jump.
$ 2.4041-4487 should be strong support.
$ 3.5511-3.5849 should be strong resistance.
$ 1.8305-1.8488 alternate entry but not strong.
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But it maintains a bullish structure and direction.
Look for a dip to support below then possible jump.
$ 2.4041-4487 should be strong support.
$ 3.5511-3.5849 should be strong resistance.
$ 1.8305-1.8488 alternate entry but not strong.
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Comment:
Secondary Ping
Hit the top of resistance zone this time
and is pulling back now.
Earlier celebration of target hit might have been a bit premature.
Such a quick retest of higher resistance bounce still shows strong bull.
Lets see where this pullback goes, probably deeper than last one imo.
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Hit the top of resistance zone this time
Earlier celebration of target hit might have been a bit premature.
Such a quick retest of higher resistance bounce still shows strong bull.
Lets see where this pullback goes, probably deeper than last one imo.
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the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Target Hit EXACTLY
But some profits taken off table.
Trailing stop on the remaining.
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Zoom IN (1 h)
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Lets see how far it comes back, might be dip much.
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