ATOM/USDT - SHORT----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ #ATOM/USDT ⚡️⚡️
Client: My-ByBit USDT
Trade Type: Breakout (Short)
Leverage: Cross (3X)
Entry Targets:
1) 13.490 - 100.0%
Take-Profit Targets:
1) 13.320 - 20.0%
2) 13.025 - 20.0%
3) 12.540 - 20.0%
4) 12.220 - 20.0%
5) 11.730 - 20.0%
Trailing Configuration:
Entry: Percentage (0.0%)
Take-Profit: Percentage (0.333%)
Stop: Breakeven -
Trigger: Target (2)
Atoms
deCREDThis one is an update for my dad that believes all the morons on tradingview. deCRED has probably the most bullish chart of any cryptocurrency. A massive bull flag and the fractal is playing out perfectly with another adam and eve bottom at the termination of the bull flag. My target is $6,000 in May 2022 where the bull run will end and we will enter a bear market. Thanks for playing. Long term target for deCRED is $250,000 end of this decade.
Cosmos - Goes to treble floor at $ 3.00 - ACCUMULATION RANGE!We have BTC looking for an ABCDE correction in 100% of the FIBONACCI with a strong bearish divergence (TF-1D & 1 week). Atom just like Bitcoin looks for a large accumulation, remember that despite the scarcity of Atoms in circulation, we have leverage markets that can use other collateral to throw the price and keep it in accumulation ... Take it easy my friends ... It´s time to the ElliotWAVE correction.
Tether Fud, India Bans Bitcoin, and $ATOM/Cosmos LaunchWith the recent launch of Atoms on Poloniex, Kraken, Huobi, & others, we have seen some great hype regarding the project.
At a .1 cent token price, ICO participants are sitting pretty for the time being.
However I think market sentiment and recent news and Tether FUD will be seeing us to sub 5k BTC levels giving us a nice chance for a decent short on a $ATOMS position.
India bans Bitcoin is also a nice cherry on top for some DIP.
2 years of lock and there will surely be some people wanting to take profit off the table.
With more Atoms to unlock in the upcoming days, expect to see heavy volatility as whales take profit and re-balance portfolios.
Targets To Rebuy:
.000165 ATOM/BTC
.000825 ATOM/BTC
.00004125 ATOM/BTC
Gl!