ATMUSDT trade ideas
Summer VibesGet ready🔥
There is an interesting formation.
Symmetrical triangle on ATM/USDT crypto pair.
No more words!
Follow the chart and look for the breakout carefully.
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🆓Atletico De Madrid Fan Token (ATM) June-11 #ATM $ATMATM is having a strong bounce and it could conquer the $14 zone for a strong rally to the $18 zone or beyond in the next few days. However, if the ATM loses the $12 zone, it will take a long time to fall back down to the $10 zone before there is a strong buying wave.
📈BUY
- Buy : 13.7-14.3$. SL if B
- Buy : 11.7-12.3$. SL if B
📉SELL
- Sell : 17.6-18.4$. SL if A
♻️BACK-UP
- Sell : 11.7-12.3$ if B. SL if A
- Buy : 9.75-10.25$. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
ATMUSDT - Long - Potential 19.17%ATMUSDT - Long - Potential 19.17%
Exchanges: Binance
Signal Type: Regular (Long)
Entry Zone:
11.579 - 12.060
Take-Profit Targets:
1) 12.879
2) 14.405
Stop Targets:
1) 10.985
Trailing Configuration:
Entry: Percentage (0.0%)
Entry Triggers- Multiple Bullish Divergences
Looks pretty amazing, but the risk is pretty high as well!By looking at the chart of ATM, it looks like XRP before its major breakout to the 1.7$ level. The risk on this trade is 24% which is a lot, but the expected profit can be nearly 160%. I wont recommend to buy all in, but a small portion of your unused capital can be invested into this one. Since it's price is really noise and volatile, you can buy from a cheaper price, but once it managed to shoot above 20$ I won't recommend you to chase it in the NO TRADE zone!
Atletico De Madrid Fan Token (ATM) formed BAT for upto 237% moveHi dear friends, hope you are well and welcome to the new update on Atletico De Madrid Fan Token (ATM).
Previously we have seen that on small time period 4-hour chart, the price action of the ATM formed a bullish BAT and it was breaking down the buying zone. I was expecting that the price action may reverse and give us a chance to catch from the buying zone but it kept moving down.
Now after this drop it has completed another BAT on the bigger time period daily time period chart. We also have 50 and 100 simple moving averages support below the buying zone but as we are already facing the worst drop ever in the history of Bitcoin therefore, for the safer side we may wait the price action of ATM consolidate within the buying zone and buy after some consolidation.
Buying and sell targets:
Buy between: $20.48 to $15.27
Sell between: $32.90 to $51.55
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is: $15.27 or the 100 SMA can be also used for this purpose.
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Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 237% and the loss possibility is 26%. But at this time it is a low risk trade as we are already at the end of the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
ATMUSDT is ready for the breakout! 🦐ATMUSDT is ready for the breakout, the price is creating an amazing triangle. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
FattyHey, wolves🔥
There is one more interesting idea for you
Do you like Flags? How about Cup and Handle?
If I tell you that we have found two of them on one chart? Like it? We do!
There is a Cup and Handle formation on ATMUSDT and Flag formation at the Handle of this pattern.
So get ready to make money, guys!
There was a bullish trend before, it may be a signal to buy.
Follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".