ATA/USDT 1D. Basic trend. Secondary + local. Harmonic pattern. ATA/USDT 1D. Automata Network.
In the secondary trend descending channel is forming(taken from weekly). The large and the small(the inner - more liquid - channel).
Right now the price is trading near the support of the inner descending channel.
Notice, that in the beginning of forming of this big channel volume has been accumulated. Shown on chart.
Then the harmonic bullish pattern has form. Now the price in the final accumulation stage.
Check out the false start which took a place just recently. Dumped with the market.
Very huge probability it will continue to pump. Just not the right time right now.
Locally we're in the descending accumulation channel, similar to APE idea i shared recently.
Also check out the volume entering recently. First target will be 0.12$ zone. Then 0.15$.
If the price dumps(market dumps) we can reack 0.06$ zone which is classically a bottom zone for cryptocurrencies(666).
