Long
Fierce Continuation Trade in the making 🔥
Updated
*Hello, there, beginning trader/technical & fundamental analyst. I received my trader education from TRi, School of Trader Development. Ideas posted for entertainment purposes and are not considered trading and/or financial advice. DYOR.
Atom is looking mega perky, imo. Sideways consolidation since February. Huge recent influx of green buy volume, creating a volume impetus since January on expanded view. Recent 13ema/30sma bullish cross. RSI breakout and retest. Confirmed bullish divergence on MACD. Volume Profile support. Buy signal across 5 times frames on Predator indicator.
I entered at .25fib at around $23.00. Will use previous three lows to support any dips to the downside in this trade. Stop loss at $16.50. Profit objective at $44.22, framing a 3:1, Risk-reward.
BINANCEUS:ATOMUSD
Atom is looking mega perky, imo. Sideways consolidation since February. Huge recent influx of green buy volume, creating a volume impetus since January on expanded view. Recent 13ema/30sma bullish cross. RSI breakout and retest. Confirmed bullish divergence on MACD. Volume Profile support. Buy signal across 5 times frames on Predator indicator.
I entered at .25fib at around $23.00. Will use previous three lows to support any dips to the downside in this trade. Stop loss at $16.50. Profit objective at $44.22, framing a 3:1, Risk-reward.
BINANCEUS:ATOMUSD
Trade active
Retest of .25 fib gave one a chance to get in the position or add to it.Trade closed: stop reached
Couldn't do it before BTC broke down. Shucks!
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