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ATOBTC trade ideas

BTC Pairs To watch out for in July(3-8weeks SPOT Trading ATOMBTCCatch the Cryptos In play before more dump from Bitcoin, because BTC falls always lead to the rise of most Altcoin BTC pairs shine shine. In July we will see coins pairs like ATOMBTC coming to alive and here is why... "Gartley" pattern from ATOMBTC daily chart. after an XA "swing" the B level was formed near 61% of XA. C swing was formed at 0.80 AB range. this "Gartley bearish pattern is completed when AB =CD is formed at D. I expect a retracement to the 0.000275 zone that will propel it to the expected Targets. (Obviously the on this analysis is based on a daily chart, so we should expect to take this on s SWING trade aspect as this might take longer time from take up to 4 - 12weeks to achieve a good profit on most BTC Pairs and this won't be any difference.) Thank you for Supporting MFT with your likes, Do follow us for more technical analysis updates.
Long
by MachiavelliTrader
2
ATOM LONG IDEAPrice broke through previous resistance, making a new high and is now pulling back. Price already reached BZ1, i'm comfortable filling orders down to BZ 3 with the expectation that this is a bullish pullback, targeting TP 1 & TP 2. In my opinion price would need to pull back to take out the Major resistance level but when that time comes we'll see. Trade offers very nice RR, additionally Atom has reclaimed a major support level and is making Higher Lows
Long
by Cryptokingpin92
1
ATOM/BTCI'm unsure how I feel about the ATOM/BTC pair at the moment. Looks like it has broken the downtrend from the previous cycle, but overall, it's still stuck in a downtrend from initial listing. Forming a rising wedge, which is technically bearish. Sitting at support on said wedge. If support breaks, 1850-1900 satoshis is possible. If it does get to that price, then it's an absolute buy for me as I'd be targeting a potential double bottom situation. I'm currently holding this, but I regret not selling at 3200 satoshis, which was a very clear double top (in retrospect).
by walkin
2
ATOMBTC Hi If you are holding this pair, I highly suggest you sell it. Cause, as you can see in the chart, there Is a visible Double Top Pattern. On the other hand, Price hit the static weekly resistance and has shown a reaction to the base trendline. So don't Hold it yet. If I could short this, I would. ------------------------------------------------ What is your opinion? Comment it below. If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too. Goodluck.
by Crypto_MD
2