ATOMBTC trade ideas
AtomBtc in No Buy ZoneAtomBtc started trading with rising channel which break down after a completion of first wave cycle. Presently it is in correction like move and this brings about the idea of BAT.
Longing at the end of the BAT leg with tight stop loss will be a good idea, but stop loss must be well respected as many newly altcoins listed on Binance recently do perform poorly.
ATOM thoughtsATOM update:
Went for R1 resistance again, rejected. Hasn't broken bullish structure, however we do have a bearish div on the 1H (it's a small TF so it means less).
If I were looking to long, I'd wait for a break and close above R1, or a retrace to green support below, nothing in between.
May the 4th Be with Youback at it again. trying to make something out of this. been wrong most times on this coin. this new prediction is me reaching and hoping (might be a bad habit to try and force something). 5th wave could be done for now and we are retracing with a double zigzag (abc-W-X-abc-Y) and this idea is totally wrong. only time will tell...