ATOM still needs some momentum to tackle the 14$ area

23 dic 2024

I'm observing a large, overarching bullish structure (dark blue) with an underlining orange structure. The price has turned at a resistance level, and I see an upward move within the red structure, bringing us to the reversal zone of the orange XY level.

I plan to short the market again to complete the orange structure, so I'm not entering any long positions until the lower end of the blue reversal area. I see two strong short opportunities, each with defined entry, take profit, and stop-loss levels.

This is my current view and trading plan.

7 gen

Trade attivo

aaaand that is perfect trade entry. Happy profits to every brave soul out there that took the trade!

l’altro ieri

Trade chiuso: obiettivo raggiunto

ATOM is running smooth into its target direction, completely unbothered by the chaos in the rest of the cryptocurrency market. That’s exactly the kind of behavior we love to see.

Did you catch how we tapped into the purple box for an additional short? With BingX standard futures, it’s a breeze—every trade stays its own standalone position. Highly recommend taking advantage of that flexibility.

And look at that purple target—perfectly aligning with our overarching target. Coincidence? Absolutely not. Just another reminder that math isn’t just numbers; it’s the language of the universe. Stay focused, stick to the plan, and let the charts do the talking.