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ATO / Bitcoin

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ATOBTC trade ideas

ATOMBTC | Triple bottom and breakout possibilityAt 1H timeframe chart we can see the price action in the Triangle. The first attempt to breakout was made in a local upward movement in a smaller triangle pattern. However there was not enough trade volume and long power support, which is represented by Ichimoku clouds attraction below price action zone on 15th of March. Currently ATOMBTC formed a triple bottom pattern and accumulated for a bounce, moreover Ichi is now acts like a support and attracts the price action to the higher zone which can result in a massive breakout in the short-term Entry zone, targets and stop loss are presented in the Premium and Basic channels. You can find Basic channel link in the signature below
Long
by Skyrexio
ATOM/BTC very risky trade for low reward.Hello Traders, ATOM/BTC dont have a profit/loss factor trading, For us to enter a position we always have a stop loss value, and for that our target has to be at least twice as much as our stop value, that is, for us we enter a position where our stop is at 4% we will want to profit at least 8% in this operation to be worth the risk. For atom we can see that the only entry point that make sense is above the 0.00045 sats, and we have a very important resistance at 0.00050 sats, that means our stop will be 10% to have a chance to win 10%, so dont worth the risky that is what we call profit loss factor.
by MarketMinds
$ATOM, Bouncing from ~40k sats support...$ATOM Bouncing from ~40k sats support as it tested lower trendline of the descending channel.. UCTS remaining bearish for now.. OBV & RSI bullish divergences.. Aiming for an entry as close as support as possible, tight SL under local LL (just in case) #ATOM //// Managing my stop losses, take profits and trades over 3commas platform for Binance has been a great experience. I have to do a few clicks and everything is managed automatically by the platform.. Trade for FREE in binance with my referral code: 3commas.io Thanks
by CryptoNTez
ATOM bullish divergence and volume increaseWe have noticed a sudden drop in ATOMBTC pair after the recent BTC pump which was expected. What is very promising though and should not scare you is the distinct bullish divergence present on the RSI and the Stochastic RSI. Notice the divergence between the price drop the late days and the increase on the indicators. This in conjunction with the massive volume increase is a clear bullish pattern. I expect a pump during the following week. Stay positive!
by overduerooster