ATM Price analysis. Target for Atletico Madrid fan tokenRead please details on a chart! BINANCE:ATMUSDT
If we will see hype around CHZ and fan tokens all main targets for this alt season marked on a chart with explanation
Would be good to see Money inflow on a W tf again based on Money Power indicator
And signal to buy on TradeOn indicator
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ATMUSDT
ATMUSDT potential bullish momentumThe recent price movement of ATMUSDT suggests potential bullish momentum. At the current price of $2.480, several indicators indicate an upward trend for this cryptocurrency:
1. Moving Averages: One commonly used indicator in technical analysis is the moving average. If the short-term moving average (e.g., 50-day) crosses above the long-term moving average (e.g., 200-day), it can be considered a bullish signal. This crossover may indicate that the trend is shifting upward.
2.Relative Strength Index (RSI): RSI is a momentum oscillator that measures the speed and change of price movements. An RSI above 70 suggests that an asset may be overbought, while an RSI below 30 suggests it may be oversold. If the RSI for ATMUSDT is trending upwards and approaching the overbought threshold, it can be seen as a bullish sign.
3.Volume Increasing trading volume can be an indication of growing interest and participation in the market. A surge in trading volume alongside a rising price often confirms a bullish trend.
4.Fundamental Developments:** It's crucial to consider any recent news or fundamental developments related to ATMUSDT. Positive news such as partnerships, adoption, or technological advancements can be strong drivers of price appreciation.
5.Support and Resistance Levels:** Analyzing key support and resistance levels on the price chart can provide insights into potential price movements. If ATMUSDT has broken through significant resistance levels and is holding above them, it may indicate a bullish breakout.
GOAL!!! Atlético de Madrid Fan Token (ATM), a popular sports-based cryptocurrency, is currently experiencing a significant price shift, making it a topic of interest for crypto enthusiasts and traders. This in-depth analysis, based on a 1-hour time frame, aims to provide insights into the current market situation and its potential future directions.
Currently, ATM is priced at $2.667, marking a considerable rise of 23% over the past 24 hours. This surge aligns with the bullish market sentiment underlined by an array of indicators. The Relative Strength Index (RSI), a momentum oscillator used to gauge the speed and change of price movements, stands at 80 – nearing the threshold for overbought conditions. Meanwhile, the volume oscillator, a tool to track volume changes, indicates a healthy 25.5% rise, suggesting an increase in buying pressure. The Stochastic oscillator, another momentum indicator, records a score of 61, signifying continued buying momentum.
On-Balance Volume (OBV), which uses volume to predict price trends, currently stands at 22 million. This metric aligns with the positive market sentiment, indicating a high volume of positive volume pressure. The Moving Average Convergence Divergence (MACD), another trend-following momentum indicator, sits at 0.109, affirming the bullish trend.
Taking a look at the Bollinger Bands – which measure market volatility and provide relative definitions of high and low prices – ATM's upper, middle, and lower bands are located at $2.638, $2.282, and $1.926, respectively. Intriguingly, ATM's current price exceeds the upper band, hinting at possible overextension and potential price correction in the future.
Fibonacci retracement levels – used by traders to identify potential levels of support and resistance – are set at $2.2 (0 level), $2.124 (middle level), and $2.048 (1 level). These could provide potential pivot points for price reversals. Furthermore, market movements over the last few hours indicate that ATM's price peaked at $2.98 before retracting to its current level. This peak now forms a key resistance level.
Upon switching to the 4-hour time frame, it becomes evident that the 1.618 Fibonacci level closely aligns with the resistance at $2.92. This level, near the recent peak price, is worth monitoring for signs of a breakthrough or rejection.
In conclusion, while the bullish momentum is evident in the current market dynamics for ATM, the key resistance level of $2.98 presents a significant hurdle. A break above this level could signal further bullish momentum, potentially propelling ATM into a new price range. Conversely, a bounce off this resistance could lead to a consolidation phase or even a price decline, with the support level of $2.591 providing a potential floor. As always, traders should integrate these technical analyses with broader market trends and updates to form a well-rounded trading strategy.
Atletico De Madrid Fan Token (ATM) formed Gartley upto 21% moveHi dear members , hope you are well and welcome to the new trade setup of Atletico De Madrid Fan Token (ATM) with US Dollar pair.
Our last successful trade of ATM was as below:
Now on a 4-hr time frame, ATM has formed a bullish Gartley move for another price reversal.
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
ATOMUSDT:UPDATE:PROFIT:13%Hello
. Based on the analysis, we expected a return from the bottom of the channel. We were looking for a buy position. The price moved based on the analysis and it gave us a profit of 13% without leverage..
.You can view and compare the attached chart and analysis
..Follow me to see more analysis
Atletico De Madrid Fan Token (ATM) formed Gartley for upto 11%Hi dear friends, hope you are well and welcome to the new trade setup of Atletico De Madrid Fan Token (ATM) with US Dollar pair.
Previously we caught a nice pump of ATM
Now on a 4-hour time frame, ATM has formed a bullish Gartley pattern.
Note: do you own research, the content is for educational purposes only.
Atletico De Madrid Fan Token (ATM) formed Gartley for upto 70%Hi dear patrons, hope you are well and welcome to the new trade setup of Atletico De Madrid Fan Token (ATM).
On a 4-hr time frame, ATM has formed a bullish Gartley pattern:
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
Good luck in the Champions League Atletico :)
I will be following the support and resistance points in the rectangles. A new rectangle can mean a new goal.
* None of what i write here is not an invesment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose your money.
ATMUSDT can grow by about 40% & 70% For TP1 & TP2 now..ATMUSDT can grow by about 40% & 70% For TP1 & TP2 now..