ATLASUSD
Atlas/USD Ready For Next Retest - Profits AheadSeems like RSI is grossly oversold (at 18.5),
Volume is finally starting to grow again and...
Main target matches up with 38.2 fib level and VWMA20.
Pretty sweet set-up. Looking to double up on this one, taking 1/4 of position off the table at +25%
Stoploss: @ $0.0585
Fractal of ATLAS and RMRKLooking for ATLAS to make similar move to RMRK once it breaks out and runs. Probably after first of year.
ATLASUSD Fake Harmonic and being creative in TA #ATLAS ATLASUSD Harmonic Pattern, with 12h bull div on RSI and MACD Histo at .886 Retrace, from September Low to end November High. Easy to manage Risk at these levels and if it breaks the support at .072-0.078 its over for Atlas, at least from a TA point of View.
For a trade entry, one would wait for a second confirmation low but for people accumulating its def at value areas.
I started using Harmonic patterns and the XABCD Tool as a advanced fib tool. I stopped searchin for the exact Names and just interpret them myself using the different fib levels and higher/lower highs/lows. This does not mean that i dont care about the traditional use of Harmonics tought by Scott Carney.
I didnt study Harmonics in Depth by reading his Books until now but i will start to do so. However i believe that TA is a personal Journey and its all about creating your own reliable system. Its very important to not switch back and forth between fancy indicators, guru trading strategys and expensive oscilators. In this way one can learn of his past experiences. its hard for me to explain in english but as long you follow the basic rules of TA you can be creative in the use of all the tools imo.
My thinking for Atlas for exmp.:
A to B = .618 retrace = local higher low = bullish
B to C = 1.272 retrace = mid-term higher high = bullish
C to D = .886 retrace = mid-term higher low
Conclusion: Pretty Bullish xD
Then puttin it into context of the Macro Trend and History lookin left.
Atlas-A Huge gem for our future!Atlas has broken the falling wedge and close the day above this level.
I believe that project will be precious in the future. Cause of that; i've started to buy Atlas item's on its website.
Price is going to be 1$, in the long term i think.
As the chart; if we make daily close above 0,23$, we'll see 0,4$ quickly!
If you like my charts, you can support me with your likes and cheers.
Thank you!
$ATLAS/USD 8h (FTX) Ascending trendline on supportStar Atlas is up-trending and is very likely to bounce on 100EMA to continue bullish after.
Risk/Reward= 1:1.6 | 1:3.44 | 1:5.54
Expected Profit= +24.26% | +52.15% | +83.89%
Possible Loss= -15.15%
Fib. Retracement= 0.786 | 1.414 | 2
Margin Leverage= 1x
Estimated Gain-time= 1 month
Website: staratlas.com
Contract:
#SPL ATLASXmbPQxBUYbxPsV97usA3fPQYEqzQBUHgiFCUsXx
⚡️⚡️ #ATLAS/USD ⚡️⚡️
Exchanges: FTX
Signal Type: Regular
Current Price:
0.1701
Entry Zone:
0.1701 - 0.1583
Take-Profit Targets:
1) 0.2040
2) 0.2498
3) 0.3019
Stop Targets:
1) 0.1393
ATLASUSD low risk high reward?ATLASUSD broke the spine of a Dragon Pattern, jumped the creek or however you wanna call it. What really matters is that ATLASUSD broke the supply line which held strong since Oct. 4.
It also made a higher low at the .786 fib. retrace, closed the last 12h with a bullish engulfing candle and showin some potential hidden bullish divergence, which implies continuation to the upside. And potential upside there is! If this Asset breaks above the resistance at $.136 - .146 it most likely will run up straight to the ATH at $.28 (which is 190% upside)! After the ATH only Fibonacci knows where it could go.
For anyone lookin for a good strategic entry for this Play to Earn Game Token, this could be the time to pull the trigger. (No Financial advice!)
*Theres is also a RAY/ATLAS Farm on Raydium which yields 109% APR rn, just FYI
Atlas the Next GEM!hey traders, there is Atlas, we want to close above the blue line for 1D bar to get the green lines (short term's targets)
the yellow lines (long term's targets) and the stop loss is a close under the red line for 1D bar
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metaverse & games are trending now so?
trade carefully guys and don't forget the risk management.
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