Hunting for a LONG on ATOMO 
AT1
I've been watching AT1 for a while since it came on the market and it didn't look attractive because it was so new and volatile.
However, I've since noticed that it's attempting to cross the downtrend line and also break up through resistance.
I must stress - important to wait to clear these levels before engaging. Yes, you pay more, but its a safer trade.
I'm not waiting for AT1 to clear and close above $0.36 before entering for a long.
TRADE SPECIFICS:
ENTRY - $0.37
TAKE PROFIT 1 - $0.475 - 30% PROFIT
TAKE PROFIT 2 - $0.52 - 42% PROFIT
STOP LOSS - $0.31
RISK : REWARD - 1 : 2
This is the 1HR chart I'm looking at, so assumptions are based here, however this is OK for me as I have reviewed the 4HR already and came to the same conclusions. Safe players might apply the same engagement above but wait for a close above $0.36 on the 4HR rather.
If you like my ideas, please LIKE and FOLLOW me! :-)
Reminder - this is not financial advice, simply an idea. Please do your own research before entering any trades and ensure you use risk management such as stop losses.
Remember, there is only 5 outcomes when you enter a trade:
1. Break Even
2. Small Win
3. Small Loss
4. Big Win
5. Big Loss
Eliminate #5 from your future options.
Happy Hunting!
AT1I've been watching AT1 for a while since it came on the market and it didn't look attractive because it was so new and volatile.
However, I've since noticed that it's attempting to cross the downtrend line and also break up through resistance.
I must stress - important to wait to clear these levels before engaging. Yes, you pay more, but its a safer trade.
I'm not waiting for AT1 to clear and close above $0.36 before entering for a long.
TRADE SPECIFICS:
ENTRY - $0.37
TAKE PROFIT 1 - $0.475 - 30% PROFIT
TAKE PROFIT 2 - $0.52 - 42% PROFIT
STOP LOSS - $0.31
RISK : REWARD - 1 : 2
This is the 1HR chart I'm looking at, so assumptions are based here, however this is OK for me as I have reviewed the 4HR already and came to the same conclusions. Safe players might apply the same engagement above but wait for a close above $0.36 on the 4HR rather.
If you like my ideas, please LIKE and FOLLOW me! :-)
Reminder - this is not financial advice, simply an idea. Please do your own research before entering any trades and ensure you use risk management such as stop losses.
Remember, there is only 5 outcomes when you enter a trade:
1. Break Even
2. Small Win
3. Small Loss
4. Big Win
5. Big Loss
Eliminate #5 from your future options.
Happy Hunting!
Ghi chú
Still getting some rejection on that trend lineGhi chú
Rejection town...
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.