Atausd
#Automata_Network #ATA 4H TECHNICAL ANALYSIS
#Automata_Network #ATA 4H TECHNICAL ANALYSIS
Given the trend lines, the drawn channels as well as the Fibonacci levels, the support price is expected to be in the range of $ 0.83 to $ 0.67 and lead to a price rise. In this case, the expected targets are:
target1: 1.2$
target2: 1.4$
target3: 1.6$
stop loss: 0.589
entry: 0.83-0.67$ step by step
$ATA New Trend EmergingATAUSDT has been in a down trend for the past couple of weeks now, consistantly forming lower lows and highs. Recently we saw a new higher low followed by a break of the previous trend low, which to me indicates a new bullish trend emerging. You could also see this as an inclining wedge. Good Luck!
ATT AUTOMATA LONG Entry 20210911Signal: Red -> Green
Context: Blue
ATA, AUTOMATA, ATAUSD , ATAUSDT ,ATAUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
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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