ATAUsdtAt the request of friends, this analysis is done, so research on basic information is the responsibility of the friends themselves
now you see triangle and after break top 1 pullback and start big pump to 4.065
GL
Entrypoint :
1.1016
1.0106
Supports:
0.9748
0.8445
0.7521
0.6699
Resistances:
1.1558
1.2076
Targets:
1.3932
1.6073
1.9699
2.5556
For mid time :
3.5544
4.2227
5.4082
GL
ATAUSDT trade ideas
#Automata_Network #ATA 4H TECHNICAL ANALYSIS
#Automata_Network #ATA 4H TECHNICAL ANALYSIS
Given the trend lines, the drawn channels as well as the Fibonacci levels, the support price is expected to be in the range of $ 0.83 to $ 0.67 and lead to a price rise. In this case, the expected targets are:
target1: 1.2$
target2: 1.4$
target3: 1.6$
stop loss: 0.589
entry: 0.83-0.67$ step by step
ATA/USDT Price action analysis: Formed triangle and my target.We now observe a new resistance that forms a triangle.
However, we will be interested in the resistance wall of this triangle.
As soon as we break it down & confirm it in support, I will expect a bullish move.
I will want to see a thorough confirmation so that there is not only a wick left, as in the previous case.
Each subsequent Fibonacci level indicates resistance.
In order for any bullish movement to continue, it will be necessary to break through & confirm the upcoming Fibonacci level in support so that further resistance can continue.
My first targer should be zone in green box where is confluence 0.5 Fibo level + Peak of Volume profile, this zone is the real magnet.
We are monitoring this situation and more inform will be shared in our group.
Happy trading, Alex_UCT
ATA 388% gain potential!!!ATA Price Live Data
The live Automata Network price today is $1.10 USD with a 24-hour trading volume of $26,826,536 USD. We update our ATA to USD price in real-time. Automata Network is up 4.91% in the last 24 hours. The current CoinMarketCap ranking is #306, with a live market cap of $190,237,331 USD. It has a circulating supply of 172,252,000 ATA coins and the max. supply is not available.
If you would like to know where to buy Automata Network, the top exchanges for trading in Automata Network are currently Binance, Mandala Exchange, ZT, Gate.io, and AOFEX. You can find others listed on our crypto exchanges page.
To find out even more about this project, check out our deep dive of Automata Network.
What Is Automata (ATA)?
Automata is a high-performance compute protocol that empowers Web 3.0 applications and businesses with privacy-first, high assurance, and friction-less transactions. Its mission is to provide the functionalities and infrastructure necessary to realize the vision of a seamless Web 3.0 experience. It tackles the lack of transparency in data ownership, censorship, and intrusion into personal privacy.
Automata’s products include:
Privacy-first cross-chain service plane: Automata offers privacy services for various blockchains that let users control their data.
Shielded and unbiased compute plane:the degree of privacy of computation in Automata can be stronger than in centralized web services like AWS.
Elastic and scalable control plane: it is operated by a group of staking nodes and governs interactions between participants of the protocol.
Ledger plane: Automata provides interfaces for multiple blockchains to exchange data and cooperate on the agreed set of data in an atomic and privacy-preserving manner.
Who Are the Founders of Automata?
Automata was founded in 2019 by a team of blockchain developers and researchers, including previous founding members of Ziliqa. Co-founder Zheng Leong Chua holds a PhD in computer science from the National University of Singapore, while the other co-founder Deli Gong previously worked at Ziliqa as infrastructure lead. In total, the team numbers 11 people and has been a recipient of Web3 Grant (2020), a participant of the Web 3.0 Bootcamp (2020), Berkeley Blockchain Xcelerator (2021), and Polkadot Decoded Mainstage speaker (2021). The team’s investors include illustrious names like KR1, Alameda Research, founded by FTX CEO Sam Bankman-Fried, IOSG Ventures, Divergence Capital, Genesis Block Ventures and Jump Trading.
What Makes Automata Unique?
Automata Network aims to be recognized as the go-to privacy service for DeFi and Web3 with its proposition of privacy middleware. It aims to fill a gap in the market by providing privacy-focused solutions that integrate with existing blockchain infrastructure in an intuitive, seamless manner. Its applications are built for Web3 purposes and include anonymous voting, miner extractable value (MEV) minimization, and do-not-track indexing. These allow users to transact safely, regain control of their identity, and offer better building blocks to developers with open-source code and APIs.
Its anonymous voting service is called Witness and offers low-cost, off-chain voting, on-chain execution based on the results and different levels of privacy, ranging from private to public, based on the protocol’s requirements. The solution supports Ethereum, Binance Smart Chain, and other Substrate-based EVM-compatible chains. Each of these functions can be used as standalone or together, e.g., if a project wants to use Witness as a signaling tool without on-chain execution.
Conveyor is Automata’s MEV minimization solution that is chain-agnostic and works seamlessly with DEXes like Uniswap. It ingests and outputs transactions in a determined order, thereby creating a front-running-free zone that removes the chaos of transaction reordering. Features include gasless trading, anti-front running, privacy on ordering, and integration with other DEXes.
Related Pages:
Check out Monero (XMR) — a privacy-focused cryptocurrency.
Check out ZCash — another cryptocurrency with a specific focus on privacy.
Learn about privacy-focused cryptocurrencies in our guide to privacy coins..
Learn more about Automata in our deep dive about ATA.
Get the latest crypto news and latest trading insights with the CoinMarketCap blog.
How Many Automata (ATA) Coins Are There in Circulation?
ATA is a BEP-20 and ERC-20 token with a total supply of 1 billion and a current circulating supply of 172 million. As the native utility token of the Automata Network, it has several use cases:
Governance: ATA token holders can create and vote on proposals, platform features and network parameters.
Mining rewards: Compute and storage miners earn ATA tokens by running applications and executing transactions for users on the network
Protocol fees: Users pay miners for storage and computation tasks
Geode allocation: Users can bond ATA tokens to participate in Geode auctions
How Is the Automata Network Secured?
ATA is BEP-20 and ERC-20 on the Binance Smart Chain.
ERC-20 is a token standard most new tokens follow when publishing on the Ethereum blockchain. Ethereum is secured by a proof-of-work consensus mechanism that requires miners to mine new Ether. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.
BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible to do so.
When Will Automata Trading Begin?
Automata raised $2.4 million in funding from the Binance Launchpool in June 2021. Before that, it closed a seed round in March 2021 with $1 million in funding.
Where Can You Buy Automata (ATA)?
ATA is available on Binance, PancakeswapV2 and Gate.io.
$ATA New Trend EmergingATAUSDT has been in a down trend for the past couple of weeks now, consistantly forming lower lows and highs. Recently we saw a new higher low followed by a break of the previous trend low, which to me indicates a new bullish trend emerging. You could also see this as an inclining wedge. Good Luck!
ATAUSDT Trading IdeaSpotted Potential Cup and Handle setup here with target shown on the chart.
Make sure to follow the suggested BUY zone on the chart with stop loss advice.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio. Wish everyone success.
ATAUSDT Technical Analysis
⏳ Spot
💎 ATAUSDT has formed a wedge pattern. After the breakout we see a Bullish flag after the breakout. the price might go for a retest or a pullback before it continues to go higher
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 0.8850
☕️ TP1 1.1130
🍺 TP2 1.2710
🍻 TP3 1.5033
🍾 TP4 1.8000
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 0.8150
Good Luck 🎲
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