Automata | Fast Short-Term BU-Wave Mapped (138% Pot.)We have an interesting chart here; a bullish lower low, an ending diagonal and a bullish breakout... We are looking at Automata vs Bitcoin (ATABTC).
People always ask me: Why BTC pairs, why not USDT?
The truth is we look at both, BTC and USDT pairings.
Bitcoin grew massively in 2023 through early 2024; 16 months of bullish action and is now trading at a very high price. If Bitcoin crashes, lots of value can be lost. Instead of letting our BTCs lose value, we buy altcoins with these Bitcoins and help multiple our stash while the correction develops.
We can multiple our number of Bitcoins with these pairs. Once Bitcoin hits bottom, we sell the altcoins for Bitcoin. We get more Bitcoin and can enjoy the entire bullish wave on the way up.
➖ 1 BTC = 1 BTC.
➖ $20,000 or $50,000, it is still 1 BTC.
If you win with these BTC pairs, you can have 2 BTC, 3 BTC, etc. When Bitcoin's value invariably appreciates, as it always does, we end up with exponential growth.
Not many people pay attention to these pairs but these are the best. The name of the game is Bitcoin and so against Bitcoin we have to trade.
➢ ATABTC (100%- BU-Pot.)
The ending diagonal, drawn in black, is a reversal pattern. It comes after the bearish impulse, exactly as seen on this chart. We also have signals of a reversal happening in the form of strong bullish action.
👉 The chart says it all. This pair can grow easily, and fast, by 100%+.
Remember to do your own research and planning.
This is not financial advice.
I am truly only reading the charts.
I am translating, based on my experience, what the chart has to say.
This chart is bullish and is saying, "Up we go!"
Thanks a lot for your continued support.
Namaste.
