ATOM / BTC Uptrend 4 month. Channel. The analogy with LTC / USDCurrently ATOM / BTC has been moving in an uptrend for 4 months. The growth of the coin was + 250%. Movement in an uptrend occurs in an upward channel in increments of about 50%.
Trading in the channel from the trend line of channel support to resistance. Target on the chart.
Stop-Loss is under the trend support line, but when setting Stop-Loss, consider the potential volatility of this tool.
Sooner or later there should be a breakdown of the channel and the uptrend of this coin. The trend will then change. Therefore, carefully monitor the line of the uptrend. Great potential will work short when the trend changes. But for now, an uptrend. Always trade with the trend. The coin is very technical, I have an analogy with a pair of LTC / USD. Take a look. Below will be the previous trading ideas for the LTC / USD pair with a similar formation and work.
LTC / USD trend trading. June.
LTC uptrend is broken. Trading in a downward channel. August.
LTC / USD. Work in the channel. Pivot points. November.
TUTORIAL Well, this is a teaching idea on the example of the same LTC / USD how to work in a trend. Long
Pyramiding How to earn 52000 with a risk of 5% from 10000 1part
TUTORIAL
Pyramiding money management. 2 part. Short LTC/USD
