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ATOMBTC

ATOM/BTCI'm unsure how I feel about the ATOM/BTC pair at the moment. Looks like it has broken the downtrend from the previous cycle, but overall, it's still stuck in a downtrend from initial listing. Forming a rising wedge, which is technically bearish. Sitting at support on said wedge. If support breaks, 1850-1900 satoshis is possible. If it does get to that price, then it's an absolute buy for me as I'd be targeting a potential double bottom situation. I'm currently holding this, but I regret not selling at 3200 satoshis, which was a very clear double top (in retrospect).
by walkin
2
ATOMBTC Hi If you are holding this pair, I highly suggest you sell it. Cause, as you can see in the chart, there Is a visible Double Top Pattern. On the other hand, Price hit the static weekly resistance and has shown a reaction to the base trendline. So don't Hold it yet. If I could short this, I would. ------------------------------------------------ What is your opinion? Comment it below. If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too. Goodluck.
by Crypto_MD
2
ATOM/BTC 1D (Binance) Descending channel, falling wedge breakoutTA: Cosmos is facing mid-line channel support and just broke out a falling wedge on lower time-frame. FA: ATOM is a staking coin with high APR (+8% at least) and fundamentals are quite positive (Cosmos Hub 2.0). Current Price= 0.0002730 Buy Entry= 0.0002694 - 0.0002500 Take Profit= 0.0003198 | 0.0003598 | 0.0004245 Stop Loss= 0.0001996 Risk/Reward= 1:1 | 1:67 | 1:2.74 Expected Profit= 23.14% | 38.54% | 63.46% Possible Loss= -23.14% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 1x | 3x | 5x Estimated Gain-time= 1080h
Long
by TradingOn
ATOM/BTC 2 Bar Bullish Reversal Weekly Overview : Cosmos/ Bitcoin - 2 Bar Bullish Reversal Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Long
by CryptoTrend-Alerts