Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (13.254).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ATOMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 14.613
TP2= @ 15.267
TP3= @ 16.115
TP4= @ 16.964
TP5= @ 18.500
SL= Break below S2
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ForecastCity English Support Team ❤️
". There is a possibility of temporary retracement to the suggested support line (13.254).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ATOMUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 14.613
TP2= @ 15.267
TP3= @ 16.115
TP4= @ 16.964
TP5= @ 18.500
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
đź’Ž Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Trade active:
72.55% profit...
Total Profit: 72.55%
Closed trade(s): 25% Profit
Open trade(s): 47.55% Profit
Update Details:
Closed Profit:
TP1 @ 14.613 touched at 11.04.2022 with 10% Profit.
TP2 @ 15.267 touched at 11.05.2022 with 15% Profit.
10% + 15% = 25%
Open Profit:
Profit for one trade is 15.400(current price) - 13.294(open price) = 15.85%
3 trade(s) still open, therefore total profit for open trade(s) is 15.85%x 3 = 47.55%
All SLs moved to Break-even point.
Take Profit:
TP3= @ 16.115
TP4= @ 16.964
TP5= @ 18.500
Total Profit: 72.55%
Closed trade(s): 25% Profit
Open trade(s): 47.55% Profit
Update Details:
Closed Profit:
TP1 @ 14.613 touched at 11.04.2022 with 10% Profit.
TP2 @ 15.267 touched at 11.05.2022 with 15% Profit.
10% + 15% = 25%
Open Profit:
Profit for one trade is 15.400(current price) - 13.294(open price) = 15.85%
3 trade(s) still open, therefore total profit for open trade(s) is 15.85%x 3 = 47.55%
All SLs moved to Break-even point.
Take Profit:
TP3= @ 16.115
TP4= @ 16.964
TP5= @ 18.500