ATOM and the whole crypto market now looks bullish, I'm still waiting for a complete correction to join longs. I was thinking that we might have an ending diagonal across many many charts, but now I doubt that due to many tiny details.
Even for ATOM the whole movement up looks like a complete impulse wave, and if we have an impulse it can only be a wave 1 of a bigger impulse wave. In general if we cross 17.20 it's a confirmed bull run with targets 26, 35, 44 and even 51 which highly depends on fed rhetorics.
Even for ATOM the whole movement up looks like a complete impulse wave, and if we have an impulse it can only be a wave 1 of a bigger impulse wave. In general if we cross 17.20 it's a confirmed bull run with targets 26, 35, 44 and even 51 which highly depends on fed rhetorics.
Comment:
We might go even deeper and longer by time. The correction is ongoing, but I wouldn't buy here definitely.
Trade active:
Actually we got a few crosses that make me think that correction might have ended. Going long
Order cancelled:
Still going down. Closed. Waiting.
Trade active:
Went long
Order cancelled
Comment:
10.65 is the golden zone of 62%, but there's no support which makes me think that might go deeper to 9.5-10.5 or 79%. Hopefully it doesn't take much time
Trade active:
I went long once again at least for a short term. Ideally I would like to see going lower on a lower volume to the points I mentioned above.
Comment:
Short term long ended up being long term long.
Comment:
I'm going to hold long for a long term now, so there won't be any significant update from my side, only if things change.
Comment:
It looks like we are still going to go deeper, the zones I highlighted above 9.5-10.5 still look correct to me, there I'll be adding more to my position.
Comment:
If we break 10.3 then we are in a wave C of a flat. I'll post new chart soon if we do so.