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ATOMBTC

Hidden Bullish RSI Divergence on ATOM/USDTHey all, here’s another entry on my tradingview series called 'Quick Updates'. What a perfect hidden bullish RSI divergence here on ATOM! This is a bullish continuation pattern, where the price makes a higher low, while at the same time the RSI makes a lower low. The bottom of this divergence is the perfect moment to enter a trade. --- What is The Quick Update Series All About? --- I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible. Follow me for consistent high quality updates, with clear explanations and charts. Please like this post to support me. - Trading Guru -------------------------------------------------------------- Disclaimer! This post does not provide financial advice. It is for educational purposes only!
Long
by Trading-Guru
6
ATOMBTC | Triple bottom and breakout possibilityAt 1H timeframe chart we can see the price action in the Triangle. The first attempt to breakout was made in a local upward movement in a smaller triangle pattern. However there was not enough trade volume and long power support, which is represented by Ichimoku clouds attraction below price action zone on 15th of March. Currently ATOMBTC formed a triple bottom pattern and accumulated for a bounce, moreover Ichi is now acts like a support and attracts the price action to the higher zone which can result in a massive breakout in the short-term Entry zone, targets and stop loss are presented in the Premium and Basic channels. You can find Basic channel link in the signature below
Long
by Skyrexio
ATOM/BTC very risky trade for low reward.Hello Traders, ATOM/BTC dont have a profit/loss factor trading, For us to enter a position we always have a stop loss value, and for that our target has to be at least twice as much as our stop value, that is, for us we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk. For atom we can see that the only entry point that make sense is above the 0.00045 sats, and we have a very important resistance at 0.00050 sats, that means our stop will be 10% to have a chance to win 10%, so dont worth the risky that is what we call profit loss factor.
by MarketMinds