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Atm

🆓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
Long
by CryptoStation
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. . 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
Long
by moon333
2
ATMUSDT (ATLETICO MADRID FAN TOKEN) - BULLISH SETUP ANALYSIS 🔎 - ATMUSDT is bounded in the ascending channel (AC). - Price is testing the ascending channel support. - Price action is printing a pennant (P) pattern. - A pennant pattern is a trend continuation pattern. - A bullish continuation pattern in this case. - There's a breakout potential. BUY ENTRY ⬆️ - Stop limit entry : breakout above the pennant pattern's inclined resistance. - Limit entry : test of the pennant pattern's inclined support. TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Ascending channel resistance. - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the pennant pattern's inclined support. - This breakdown will lead to a test of the ascending channel support. - The ascending channel support is the next support zone.
Long
by Chibuike_Odoh
1
🔥 ATM Bullish Channel ReversalATM has been inside this channel for almost two months now, reversing every time the channel boundaries are hit. During yesterday's fall, ATM got quite close to the lower support of the channel, potentially hitting it soon. This trade is based on the long-term trend of the channel and it might take a while to unfold its true potential. For now, expect a small drop towards the channel support after which the price has a high chance to reverse. Happy trading!
Long
by FieryTrading
13
🔥 ATM Picking Up After ConsolidationATM is showing some strong bullish behaviour over the last couple of hours, obviously helped by the strong gains of Bitcoin earlier this morning. This trade is based on the idea that ATM will finally break-out of the horizontal channel in which it has been trading for almost three weeks. Before entering this trade wait for the price to close above the Entry line. Higher time frames yield a higher predictive power. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
5
🔥 ATM/USDT Reversal From All Time LowATM/USDT has recently touched its all time low again. Since then, this pair has seen a strong increase in bullish volatility producing several big green candles on its way up. Also, during its upward move, ATM managed to break out of the triangle, another bullish indication. Seeing this momentum, combined with the overall very bullish situation of the alt coin market, I'd see this pair regaining a lot of lost ground. On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence. Happy trading!
Long
by FieryTrading
16