ATOMBTC has formed a bullish Shark | A good long opportunityPriceline of ATOM / Bitcoin cryptocurrency has formed a bullish shark and entered in potential reversal zone to hit the sell targets soon insha Allah.
This PRZ area should be used as stop loss point in case of complete candle stick closes below this zone.
Volume profile is showing less interest of traders here, but Stochastic did not give bull cross and MACD is strong bearish so for secure trade we can wait for MACD to turn weak bearish or for stochastic to give bull cross then buy.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0002974 to 0.0002912
Sell between: 0.0003038 to 0.0003171
Enjoy your profits and regards,
Atif Akbar (moon333)
Atomlong
$ATOM Is A Good Bet! Ranked 16th on Coinmarketcap!I don't know where the hell i've been, but seeing ATOM claiming it's position at 16th on Coinmarketcap is a jaw drop for me. How come something so new like this, acquiring big market capital. You can learn more about the project on their website.
Judging from the chart perspective, I love the mid-term double bottom pattern, which indicate, it will be more upside on the future as if we break the current all time high price. ATOM already has major supply on the circulating so I think it'll be safe if we just hold, but I'm a swing trader so, not gonna do it.
First TP, ATH.
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TIPS: PATIENCE & PERSISTENCE ARE KEY TO SUCCESS
RISK WARNING: Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. I will make best efforts to bring profitable signals, but will not be responsible for your investment losses or profit.
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ATOM On A Moon MissionWelcome back!
When coin get added to exchanges sometimes they go very parabolic.
Atom is one that seems to be setting up for a very nice return!
Taking a look at the 4 hour TF its clear we are consolidating inside a symmetrical triangle.
Symmetrical Triangles are a indescision move where it's 50-50 bull and bear.
Considering current market conditions I have a bullish bias with this playing out.
Prices are correction ABCDE so we want to see a breakout of resistance soon for this to further my bias.
Once we breakout I would expect a short consolidation before going higher but it's also possible we impulse fairly soon before.
Watch for this one to really start taking off!