ATLASUSD trade ideas
Atlas/USD Ready For Next Retest - Profits AheadSeems like RSI is grossly oversold (at 18.5),
Volume is finally starting to grow again and...
Main target matches up with 38.2 fib level and VWMA20.
Pretty sweet set-up. Looking to double up on this one, taking 1/4 of position off the table at +25%
Stoploss: @ $0.0585
ATLAS LOOKS LIKE IT JUST FOUND CONCRETE SUPPORTStaratlas is a metaverse crypto dealing in nft gaming using the unreal engine 5 technology.
It will surpass alot of coins because of the graphics and because of the game itself.
The game has not even been released yet and has a mass following on twitter
Low level rsi.
Reads green for buy
ATLAS at support#ATLAS/USDT
$ATLAS is at support zone that is the same with descending support line.
as we can see divergence between price and RSI, price can head up to resistance zone between $0.998 and $0.1117, that is the same with descending trend lines.
break out from this resistance can increase price to next resistance around $0.1286.
rejection from resistance zone can drop price to support around $0.0728.
break below descending support will invalid this analysis.
ATLASUSD Fake Harmonic and being creative in TA #ATLAS ATLASUSD Harmonic Pattern, with 12h bull div on RSI and MACD Histo at .886 Retrace, from September Low to end November High. Easy to manage Risk at these levels and if it breaks the support at .072-0.078 its over for Atlas, at least from a TA point of View.
For a trade entry, one would wait for a second confirmation low but for people accumulating its def at value areas.
I started using Harmonic patterns and the XABCD Tool as a advanced fib tool. I stopped searchin for the exact Names and just interpret them myself using the different fib levels and higher/lower highs/lows. This does not mean that i dont care about the traditional use of Harmonics tought by Scott Carney.
I didnt study Harmonics in Depth by reading his Books until now but i will start to do so. However i believe that TA is a personal Journey and its all about creating your own reliable system. Its very important to not switch back and forth between fancy indicators, guru trading strategys and expensive oscilators. In this way one can learn of his past experiences. its hard for me to explain in english but as long you follow the basic rules of TA you can be creative in the use of all the tools imo.
My thinking for Atlas for exmp.:
A to B = .618 retrace = local higher low = bullish
B to C = 1.272 retrace = mid-term higher high = bullish
C to D = .886 retrace = mid-term higher low
Conclusion: Pretty Bullish xD
Then puttin it into context of the Macro Trend and History lookin left.
Atlas-A Huge gem for our future!Atlas has broken the falling wedge and close the day above this level.
I believe that project will be precious in the future. Cause of that; i've started to buy Atlas item's on its website.
Price is going to be 1$, in the long term i think.
As the chart; if we make daily close above 0,23$, we'll see 0,4$ quickly!
If you like my charts, you can support me with your likes and cheers.
Thank you!
Atlasusdtatlas star is a game based on Solana ecosystem! it has a huge potential to grow in Long term investment ..
this is a now project but it has had a successful IDO on Solana recently .
is have a great vision , check the atlasstar website and learn more about game and team
it does not list on Binance yet!
Extreme price volatility on FTXThis might be the most lucrative idea I ever posted on tradingview. Some exchanges like FTX have realy strange spikes in candles, these happen in a matter of minutes. One can speculate that exchanges use these to liquidate people out of their futures positions (spoofing?). The point of taking advantage of them is that they can result in 5% + profit in 1 minute which is unheard of.
The basic strategy is to for example short when a 1 minute candle reaches 5% increase which should not happen in 1 minute. In the chart screen you can see some tools I coded for myself to be able to send signals on these 1 minute charts to a robot to buy at these levels. The important thing is that these happen instantly a human will not be able to profit from these spikes as he is not fast enough in putting an order. The difficulty I still have is that my webhook could be too slow it would be much better to already have the limit order open and to have it change every minute to the desired price. If anyone can help me figure this last part out it would be greatly appreciated.
The only reason this chart is on 15 minute chart is because tradingview does not allow me to post 3 minute charts.