ATAUSDTPERP
Automata Network (ATA) formed BAT for upto 10% pumpHi dear friends, hope you are well and welcome to the new update on Automata Network ( ATA ) token with US Dollar pair.
Previously I shared a long-term trade setup for ATA , which is still in play as below:
Now on a 4-hr time frame, ATA has formed a bullish BAT move for another bullish reversal move. At the moment after the completion of the final leg the priceline is slightly moved up, therefore, we can wait for some price correction to catch it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
$ATA prime for a movement to the upsideBullish Wolfe Waves can be seen on $ATA enclosed within a triangle which is always exciting.
I expect to breakout of this triangle through the fifth wave, retest the broken trend, then bounce up from there to continue the movement to the upside targeting the supply point at $0.2580. Wouldn't be a bad idea to also book some profits along the way at the top of the big inverted hammer at $0.2487.
RSI does not looking too bad but it also doesn't look bullish enough to include it as part of the analysis behind this bias.
What a shame that I've thought that I had posted this idea before executing my trade, but turned out I didn't. Still not too late to punt in for a long at the retest.
ATA/USDT 1 HOURS UPDATE Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
ATA/USDT TRADE SETUP:- ATA looks good here. Breaking out from the Inverse H&S pattern. Open a long position now and add more in dips.
Entry range:- $0.389-$0.406
Target1:- $0.415
Target2:- $0.432
Target3:- $0.446
Target4:- $0.46
sl:- $0.37
Lev:- 5x-10x
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you